GRUPPI DI IMPRESE E BILANCIO CONSOLIDATO

GRUPPI DI IMPRESE E BILANCIO CONSOLIDATO

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iten
Code
98647
ACADEMIC YEAR
2018/2019
CREDITS
6 credits during the 1st year of 8706 Accounting and Finance (LM-77) GENOVA
SCIENTIFIC DISCIPLINARY SECTOR
SECS-P/07
TEACHING LOCATION
GENOVA (Accounting and Finance)
semester
1° Semester
Teaching materials

OVERVIEW

The corporate groups are a widespread phenomenon in the current economy, both in Italy and in the rest of the world, and they concern every company size, form large to small enterprises. It is necessary for a student to understand the reasons of the diffusion of groups of companies and to interprete their business and financial conditions.

AIMS AND CONTENT

LEARNING OUTCOMES

The course aims at developing the capabilities to identify the reasons for the creation of corporate groups, their probelms in terms of corporate governance, and their legal and accounting regulation, with a particular attention paid to their consolidated financial statements.

 

 

Teaching methods

Frontal lessons, class discussions, case analyses.

SYLLABUS/CONTENT

- Corporate groups in the dynamic of business relationships: reasons, pros and cons

- The concept of control

- Majorities and minorities: from cooperation to conflict

- The consolidated financial statements: accounting regulation

- Consolidation of subsidiaries: requirements and procedures

- The inclusion of associates and joint ventures into the consolidated financial statement

- Increases and decreases of interests in subsidiaries without change of control

- Accounting impact of changes in the composition of corporate groups

- Analysis of a consolidated financial statement

RECOMMENDED READING/BIBLIOGRAPHY

- Documents and other materials provided by the teacher and available on the website.

- Consolidated Financial Statements: An International Perspective, Mfandaidza Reuben Hove, Juta and Company Ltd, 2006

TEACHERS AND EXAM BOARD

Ricevimento: Dipartimento di Economia - II livello - studio 2005  Telefono: (+39) 010209 - 5085 Email: alberto.quagli@economia.unige.it Orario ricevimento: Martedì: ore 16.0

Exam Board

ALBERTO QUAGLI (President)

ELISA RONCAGLIOLO

LESSONS

Teaching methods

Frontal lessons, class discussions, case analyses.

LESSONS START

The course will start according to the general teaching programme issued by the Department of Economics.

EXAMS

Exam description

The final exam is composed of a written assessment (regarding both theory and cases), and an oral part starting from a brief analysis prepared by the student on a real example of consolidated financial statement of an European company.

Assessment methods

Students have to demonstrate a good understanding of the drivers of the groups creation, the problems posed to corporate governance mechanisms, and the legal and accounting regulation of these groups. In particular, the students of the course have to be able to debate the specifities of a consolidated financial statements and to know how to build this company report.