It is a basic and fundamental subject in the Degree we teach, which takes place during the first term of the first year of studies. Is therefore the first contact the student has with the concepts and the way accounting works. Accounting gives us necessary and relevant information from the Companies for the making of decissions. In this subject the student adopts a solid knowledge of accounting, learning from the language used in business to the recording of relevant information that affects the Company.All this following the Spanish Law and the Spanish Accounting Plan.

The Subject Competences:

C1. Understand accounting processes and transactions as well as financial documents. This study is related to the degree competences G001, G003, G004 and G005.

C2. Aply the accounting method to elaborate and present relevant accounting information. This study is related to the degree competences G002, G003 and G004.

C3. Interprete in a reasonable way the basic accounting information. This study is related to the degree competences: G001, G002, G003, G004 and G007.



Learning Results:

1. Know the basic business`transactions and the processes needed to obtain the economic information.

2. Use the accounting method to obtain the information related to the equity of the firm and the generation of profits.

3. Interprete in a proper way the basic accounting information and be able to take financial decissions.

LECTURE I. CONCEPT AND DIVISION OF ACCOUNTING

LECTURE II. OWNER`S EQUITY STUDY

LECTURE III. THE ACCOUNT

LECTURE IV. THE ACCOUNTING CYCLE

LECTURE V. THE RECORDING OF ACCOUNTING TRANSACTIONS

LECTURE VI. END OF CYCLE TRANSACTIONS

Those tasks directly related with the achievement of the specific skills of the subject are basically the master lectures and the classroom practices.

The master classes are focused in the theoretical knowledge, which is complemented with the realization of practical exercises.

In the classroom practices students must solve the issues the teacher proposes by working in groups not previously determined.

The student must dedicate the non-contact hours to review, summarize and complete the knowledge transmitted in the lectures and to perform the exercises presented to them and that will be corrected in the classroom. In order to go over the theory, they are given questions on each topic so that they can reflect on the most important issues studied in the classroom.

It is also a recommended task to assist to the tutorials offered by the teacher, both individually or collectively.

• Continuous Assessment System
• Final Assessment System
• Tools and qualification percentages:
  • Prueba teórica (%): 100

The evaluation will take the following form:

- A final test that represents 60% of the final grade. It will consist of solving exercises and / or theoretical issues about the concepts studied in the course. This test will be carried out on the day announced in the official calendar.

- Two written tests that will be carried out during the course, which represent 30% of the final grade. Each of the tests will represent a grade of 15% of the final grade. The date of completion of these two tests will be announced at least two weeks before the student.

- Monitoring and active participation both in the classroom, forums, and / or deliverables, which represents 10% of the final grade.



Only those students who obtain at least a score of 5 out of 10 in the subject will pass the course, meeting the condition of passing the final exam.



The non-attendance to the final test will suppose the qualification of "Not presented".



Any student may waive this evaluation system during the first nine weeks of the term by sending a letter to the teacher indicating their aim. In this case, the evaluation will be carried out through a single final exam, on the date published in the official calendar, which will represent 100% of the final grade.



Errors of concept will not be admitted in any case neither for the continuous assessment nor for the single assessment, to pass the course.



During the tests, the use of telephonic, electronic or other devices not authorized by the teacher is prohibited, except for the non-programmable pocket calculator.

All the students will be evaluated according to the single evaluation system, which will consist of taking a single final exam that will be valued over 10 points. This exam may consist of solving exercises and / or answering theoretical questions. The date of completion of this exam will be the one published in the official calendar.



To pass the course, errors of concept will not be admitted in any case when solving exercises.



During the tests, the use of telephonic, electronic or other devices not authorized by the teacher is prohibited, except for the non-programmable pocket calculator.

- All the material needed to follow the subject is or will be uploaded in “egela”.
Whenever the teacher finds something interesting to send the students, as information to follow the classes, this will be noticed to the students in this virtual platform.

Basic bibliography

Elliot, B., & Elliot, J. (2011). Financial Accounting and Reporting. Prentice Hall..

SERRA, V., GINER, B y VILLAR, E.(1996): Sistemas de información contable: Una introducción a la

Contabilidad, Ed. Tirant lo Blanch.

URÍAS VALIENTE; Jesús(2008): Introducción a la Contabilidad, Ediciones Académicas.

In-depth bibliography

. GALLEGO DÍEZ, Enriqueta y VARA y VARA, Mateo(2008): Manual práctico de contabilidad financiera.
Ed. Pirámide.
. URÍAS VALIENTE; Jesús (2008): Teoría de la Contabilidad Financiera, Ediciiones Académicas.
NORMATIVA /ARAUTEGIA:
. Ley 16/2007, de 4 de julio, de reforma y adaptación de la legislación mercantil en materia contable para su armonización internacional con base en la normativa de la Unión Europea (BOE 05/07/2007)
. Plan General de Contabilidad. R. D. 1514/2007, de 16 de noviembre (BOE 15/11/2007).
. Plan General de Contabilidad de Pequeñas y Medianas empresas y los criterios contables específicos para microempresas. R. D. 1515/2007, de 16 de noviembre (BOE 16/11/2007).
Royal Legislative Decree Spanish Accounting Plan (16 November 2007). English Translation

Journals

- Partida Doble
- Revista Española de Financiación y Contabilidad
- Técnica Contable
-European Accounting Review
-Journal of Accounting Research

Web addresses

- Instituto Contabilidad y Auditoría de Cuentas ICAC.
http://www.icac.meh.es
- Asociación Española de Contabilidad y Administración de Empresas.
http://www.aeca.es