Checking date: 03/05/2018

Course: 2018/2019

Accounting for financial instruments
Study: Bachelor in Finance and Accounting (201)

Coordinating teacher: GARCIA LARA, JUAN MANUEL

Department assigned to the subject: Department of Business Administration

Type: Electives
ECTS Credits: 6.0 ECTS


Competences and skills that will be acquired and learning results. Further information on this link
Knowledge: - to analyze in detail several complex transactions which are of great relevance for organizations, related to both financial assets and liabilities and hedge operations. - to get a deep knowledge of the impact those transactions have on financial statements - to understand the impact accounting practice has on the wealth and revenues generated by a company Skills: - to develop the capacity to learn in an autonomous way, focusing especially on accuracy. - work in teams and interaction with experts of other areas - capacity to integrate knowledge acquired in other topics (especially Derivatives and Derivatives and Bonds) - interpretation of a series of complex transactions
Description of contents: programme
- Financial Instruments: definition and classification - Accounting Regulation affecting financial instruments (IASB and Spanish Regulation) - Financial assets and liabilities: recognition and valuation - Financial derivatives: recognition and valuation - Accounting for transactions with financial instruments - Hedge accounting - Corporate reporting and financial instruments
Learning activities and methodology
This is a 6 ECTS course (25 hours of work per credit). The assignments required are: A) Reading and studying the teaching material (individual work- 62 hours)by which the student should acquire the required theoretical knowledge that will be evaluated. B) Solving cases and exercises (both individual and team work: 60 hours, where students will apply the theoretical knowledge. C) Discussion of cases (class work- 28 hours). This activity will allow students to develop critical thinking, oral and discussion skills. Throughout the course at least two sessions of collective tutorials will be organized.
Assessment System
  • % end-of-term-examination 50
  • % of continuous assessment (assigments, laboratory, practicals...) 50
Basic Bibliography
  • IASB. NIC/IAS 32. IASB . 2012
  • IASB. NIC/IAS 39. IASB. 2003
  • IASB. NIC/IFRS 9. IASB. 2014
  • IASB. NIC/IFRS 7. IASB. 2012

The course syllabus and the academic weekly planning may change due academic events or other reasons.