2017/18
27506 - Financial Accounting II
Basic Education
5.2. Learning tasks
The syllabus offered to the students to help them achieve the learning results of this subject comprises the following activities
1) Theoretical classes: The participatory lecture model will be used. This model offers the lecturer the possibility of highlighting the most important aspects of each lesson, controlling the time given to explanation and guiding the students in the study of the subject. The lecturer will promote the participation of students by raising questions and presenting examples during the class. In this way, students will be able to discuss, think about and solve the problems in pairs and, finally, they will share their ideas with the rest of the class. The materials for this subject will be available at http://moodle2.unizar.es before the theoretical classes to make it easier for the students to follow the class. (NOTE: the theoretical lessons and the practical examples and exercises will be available on the e-learning platform, but not the solutions).
2) Practical classes (the group will be split into two): These will consist of solving practical exercises. The scheme will be as follows:
a) The practical exercises will be available at http://moodle2.unizar.es before the practical classes.
b) Students will solve the exercises at home.
c) The teacher will ask for volunteers to solve the different parts.
3) Tutorial hours: Students will have times for tutorials with the teachers of their group. They will also have the possibility of submitting queries by e-mail.
4) Personal work: It is essential that students distribute this workload throughout the term in order to assimilate the contents. This will make the learning of subsequent lessons easier.
5) Use of ICTs as study and learning tools: The online learning platform “Moodle” will be used to post the syllabus, materials and practical exercises of the subject. Likewise, students will be provided with this teaching guide and other information that may be useful for them (announcements about practical classes, news of interest, and so on).
6) Exams: See the “Assessment” section.
5.3. Syllabus
PART I.
THE REGULATORY FRAMEWORK OF ACCOUNTING IN SPAIN
Lesson 1. THE REGULATORY FRAMEWORK OF ACCOUNTING IN SPAIN. THE GENERAL ACCOUNTING PLAN
1. Regulatory framework of accounting in Spain. Background
2. The European regulatory framework of accounting: IAS/IFRS adopted by the EU
3. Adaptation of the Spanish regulatory framework of accounting to the IASB model
4. The General Accounting Plan
PART II
COMPONENTS OF BUSINESS WEALTH AND INCOME
Lesson 2. PROPERTY, PLANT AND EQUIPMENT
1. Concept and typology of property, plant and equipment
2. Initial measurement of property, plant and equipment
3. Subsequent measurement of property, plant and equipment: value adjustments
4. Derecognition of property, plant and equipment
5. Investment property
Lesson 3. INTANGIBLE ASSETS
1. Concept and typology of intangible assets
2. General measurement criteria for intangible assets
3. Specific measurement standards for intangible assets
4. Non-current assets held for sale
Lesson 4. EQUITY
1. Concept and composition of equity
2. Share capital: concept, constitution and modification of share capital
3. Reserves: concept, typology, creation and use
4. Other components of equity
Lesson 5. FINANCIAL LIABILITIES
1. Financial instruments: Concept, classification and general measurement criteria
2. Recognition and initial measurement of financial liabilities
3. Charges from financial liabilities
4. Subsequent measurement of financial liabilities
5. Derecognition of financial liabilities
6. Financial liabilities arising from finance lease
Lesson 6. FINANCIAL ASSETS
1. Recognition and initial measurement of financial assets
2. Periodic returns from financial assets
3. Subsequent measurement of financial assets
4. Derecognition of financial assets
Tema 7. OPERATING DEBTORS AND CREDITORS: ACCOUNTS RECEIVABLE AND PAYABLE
1. Operating debtors: Concept and classification
2. Trade receivables
3. Other operating debtors
4. Operating creditors: Concept and classification
5. Trade payables
6. Other operating creditors
Lesson 8. PROVISIONS AND OTHER SITUATIONS OF UNCERTAINTY
1. Provisions: Concept and typology
2. Recognition and measurement of provisions
3. Changes in accounting criteria, accounting estimates and correction of errors
Lesson 9. Income, Expenses and Profit or loss
1. Concept and classification of income and expenses
2. Income allocated to profit or loss. Revenue from sales and the rendering of services
3. Expenses allocated to profit or loss
4. Income tax
5. Accruals and prepayments
6. Profit or loss for the financial year
PART III
ANNUAL ACCOUNTS
Lesson 10. ANNUAL ACCOUNTS
1. Objective and scope of the annual accounts
2. Disclosure requirements in the annual accounts
3. Preparation of the annual accounts
4. Structure of the annual accounts
5. Components of the annual accounts