Contabilidad Financiera Avanzada (18BBA30001)

General information

Type:	OB	Curs:	1	Period:	S semester
ECTS Credits:	4 ECTS

Teaching Staff:

Group	Teacher	Department	Language
Sec: A	Soledad Moya Gutierrez	Economía, Finanzas y Contabilidad	CAT

Group	Teacher	Department	Language
Sec: B	Soledad Moya Gutierrez	Economía, Finanzas y Contabilidad	ESP

Group	Teacher	Department	Language
Sec: C	Soledad Moya Gutierrez	Economía, Finanzas y Contabilidad	CAT

To take this course, students must have completed the Introduction to Financial Accounting course.

Lectures: 18 hours
Participatory sessions: 18 hours
Independent study: 64 hours

The Advanced Financial Accounting course serves to consolidate and expand the knowledge students have of corporate financial statements. It is based on the knowledge acquired in the Introduction to Financial Accounting class (Accounting and Financial Analysis I) as well as their knowledge of corporate economic-financial reality. It further explores the complexities that arise and affect corporate financial statements while also exploring companies¿ internal accounting and cost accounting processes.

The course comprises two parts:

Part I:
The first part focuses more on preparing financial statements and registering the different transactions that take place between the company and the exterior, transactions which are more complex than those examined in the introductory course. The aim of this first part is for students to understand how different business decisions affect financial statements and how the different transactions are reflected in key financial statements.


Part II:
The goal of the second part is to provide students with a theoretical and practical cost accounting framework with special intention to its importance in corporate decision-making processes. By the end of this second part, students will understand how costs behave, their classification and application when valuating inventory and decision-making.

Upon completing this course students, should be able to:

- Understand the accounting principles and regulations currently in place and how they work.
- Understand the meaning of financial statements and how they're affected by the accounting events within the company.
- Apply the necessary rigour when registering accounting events.
- Prepare financial statements based on their knowledge of accounting principles and regulations.
- Develop the criteria necessary to distinguish relevant data from irrelevant information.
- Know how to classify different costs depending on their behaviour.
- Understand and know how to calculate different items in the company¿s inventory as well as how they¿re reflected in financial statements.
- Understand and know how to apply different cost systems.
- Understand the relation between cost, volume and benefits and know how to make decisions in this area.

3. Taking decisions / making judgments

2. Application of knowledge to achieve results

1. Knowledge acquisition, comprehension and structuring

1. Financial and non-financial periodization and provisions

2. Financial assets and liabilities

3. Subsidies/grants. Exchange rate.

4. Net assets. Statement of changes in net assets.

5. Introduction to cost accounting

6. Cost classification according to their behaviour

7. Cost-volume-benefits analysis and pricing decisions

8. Full and process costing. Inventory valuation

9. Activity-based costing

ASSESSMENT BREAKDOWN

Nuevo Plan General de Contabilidad. Real Decreto 1514/2007 de 16 de noviembre (2008). Madrid: Ed. Paraninfo, Cengage Learning. ISBN: 978-84-283-3021-3

Pla General de Comptabilitat : text complet / correcció tècnica realitzada per Eusebi Carnicero Manrique ; ACCID Publicación Barcelona : Associacio Catalana de Comptabilitat i Direcció, 2007

Contabilidad básica. Lizcano Alvarez, Jesús. Barcelona : Gestión 2000, 2004

Financial accounting: an international introduction / David Alexander, Christopher Nobes. Publicación Harlow: Financial Times: Prentice Hall, cop. 2007.

Drury, C. Management Accounting for Business. Fifth edition. Andover (UK): Cengage Learning, 2013.

Blanco Ibarra, F. Contabilidad de costes y analitica de gestión para las decisiones estratégicas. Bilbao: Deusto, 2002

Group	Teacher	Department
Sec: A	Soledad Moya Gutierrez	Economía, Finanzas y Contabilidad

Group	Teacher	Department
Sec: B	Soledad Moya Gutierrez	Economía, Finanzas y Contabilidad

Group	Teacher	Department
Sec: C	Soledad Moya Gutierrez	Economía, Finanzas y Contabilidad