Checking date: 01/08/2020

Course: 2020/2021

Financial accounting
Study: Bachelor in Management and Technology (351)


Department assigned to the subject: Department of Business Administration

Type: Compulsory
ECTS Credits: 3.0 ECTS


Students are expected to have completed
Introduction to accounting
Competences and skills that will be acquired and learning results. Further information on this link
By the end of the course students should be able to: - Solve any new accounting problem using the knowledge acquired in this and previous courses. - Understand the effect of accounting policies on the figures reported on the financial statements. Skills development: -Initiative and self-learning -The ability to select and assign priorities within restricted resources and to organize work to meet tight deadlines -Present, discuss, report and defend views effectively. Attitudes: - Compliance with the fundamental ethical principles. - Commitment to continual improvement and lifelong learning.
Description of contents: programme
1. Introduction to valuation and recognition criteria 2. Inventory. 3. Revenue recognition 4. Receivables. Basic issues 5. Receivables. Particular issues 6. Tangible assets. Basic issues 7. Tangible assets. Particular issues 8. Intangible assets. 9. Financial instruments. 10. Liabilities, Loss contingencies and employment costs. 11. Equity
Learning activities and methodology
The course is organised in theoretical and practical sessions. Theoretical sessions are designed to provide the basic concepts needed to solve the accounting problems analysed. Practical sessions are used to discuss exercises and practical cases where basic theorical concepts need to be applied. The weekly programme states when theoretical sesions take place and when exercices and practical cases are discussed in the classroom. Students should revise the concepts analysed in every theoretical session and solve the proposed exercises and/or practical cases before they are discussed in the classroom.
Assessment System
  • % end-of-term-examination 50
  • % of continuous assessment (assigments, laboratory, practicals...) 50
Basic Bibliography
  • Jiménez Cardoso, Sergio M; Arquero Montaño,José Luis; Ruiz Albert, Ignacio. Plan General de Contabilidad ANOTADO: Modificado por el RD 602/2016, de 2 de diciembre, aplicable a los ejercicios iniciados desde el 1 de enero de 2016 ¿ 23 feb 2017-. Pirámide. 2016
  • Plan General de Contabilidad y de PYMES. Reales Decretos 1514/2007 y 1515/2007, de 16 de noviembre, y adaptación al Real Decreto 1159/2010 y al Real Decreto 602/2016. Pirámides. Edición 2017. NA.
  • Stickney, Weil, Schipper, Francis. Financial accounting: An introduction to concepts, methods and uses. Cegange, 13th Edition. 2007
Additional Bibliography
  • OMEÑAGA GARCIA, JESÚS. Plan General de Contabilidad y PGC de PYMES comentados: 8ª Edición actualizada¿ 20 jun 2017. Deusto.

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