Introduction to Accounting25822
- Centre
- Faculty of Economics and Business
- Degree
- Degree In Business Management Administration and Degree in Economics
- Academic course
- 2023/24
- Academic year
- 1
- No. of credits
- 6
- Languages
- English
- Code
- 25822
TeachingToggle Navigation
Teaching guideToggle Navigation
Description and Contextualization of the SubjectToggle Navigation
The main objective of this subject is to present the conceptual and technical elements of Accounting. In this sense, this subject presents the main annual accounts and the elements that conforms these financial statements, the valuation model. Further, in this subject students will learn the bookkeeping system and the rules of accounting framework.
This subject is the starting point in the knowledge and comprehension of the accounting system. It is necessary to learn this subject in order to be able to enrol in other accounting disciplines along the degree as Financial Accounting, Management Accounting, Advance Financial Accounting, Financial Statements Analysis, specially for those enrolled in Business Administration Degree.
Skills/Learning outcomes of the subjectToggle Navigation
TOPIC DESCRIPTORS
ANALYSIS OF THE ACCOUNTING MODEL AND FINACIAL INFORMATION; THE SPANISH GENERAL ACCOUNTING PLAN; ANNUAL ACCOUNTS
COURSE OBJECTIVES
The objective of the course is for the student to learn to read, understand, and analyze financial statements. The course is intended for students with no previous exposure to financial accounting. The course adopts a decision-maker perspective
of accounting by emphasizing the relation between accounting data and the underlying economic events that generated them. The course focuses initially on how to record economic events in the accounting records and how to prepare and interpret the primary financial statements that summarize a firm's economic transactions (i.e., the balance sheet and the income statement)
1. To analyze the accounting model and financial information
2. Learn accounting bookkeeping in order to present the situation and results of the company.
3. Annual accounts: models, structure and content
4. Valuation and bookkeeping the main short term operations of the Business activity.
SPECIFIC COMPETENCES FOR INTRODUCTION TO FINANCIAL ACCOUNTING When finishing the course, the student will:
1. Be familiar with accounting models.
2. Be able to manage the main bookkeeping tools
3. Understand the Basic and fundamental accounting concepts.
4. Valuate and register the basic short term business operations
GENERIC COMPETENCES FROM MÓDULOEM01- BASIC SUBJECTS
* (M01CM01) DEVELOP LEARNING ABILITIES IN ORDER TO REACH A HIGH AUTONOMY LEVEL FOR NEXT STUDIES AS WELL AS FOR SELF TRAINING IN A CHANGING AND INNOVATIVE CONTEXT
* (M01CM04) TO KNOW HOW TO LOOK FOR, IDENTIFY, ANALYZE AND SUMMARIZE INFORMATION FROM SEVERAL RESOURCES WITH A CRITICAL PERSPECTIVE, IN ORDER TO ASSESS A COMPANY CURRENT SITUATION AND POSSIBLE FUTURE EVOLUTION AND TO ISSUE JUDGEMENTS AND TAKE DECISIONS ABOUT RELEVANT BUSINESS, SOCIAL AND ETHICAL ISSUES.
* (M01CM05) USE OF TICS IN A LEARNING AND PROFESSIONAL CONTEXT.
* (M01CM06) ABILITY TO COMMUNICATE IN AN ORAL AND WRITING WAY
* (M01CM07) ABILITY TO TEAM WORKING, WITH RESPONSIBILITY AND RESPECT, INITIATIVE AND LEADERSHIP
Theoretical and practical contentToggle Navigation
SYLLABUS
I. FUNDAMENTAL ACCOUNTING
CHAPTER 1 Accounting and Business environment
CHAPTER 2. Annual reports: the Balance Sheet
CHAPTER 3. Annual reports: Income statement
CHAPTER 4. Other Annual Accounts: Statement of changes in equity, Cash flow statement and Notes
CHAPTER 5. Accounting bookkeping: T-Account
CHAPTER 6. Accounting Cycle
II. ACCOUNTING REGULATION
CHAPTER 7. Accounting regulation systems
III. ACCOUNTING FOR SHORT TERM OPERATIONS
CHAPTER 8. Accounting for taxes
CHAPTER 9. Accounting for merchandising operations: inventory, valuation, purchase, sales, discounts.
CHAPTER 10. Trade and other receivables
CHAPTER 11. Accounting for human resources
CHAPTER 12. Prepayments for current assets and current accruals
MethodologyToggle Navigation
Syllabus Lecturers
GRUPO 01: Amaia Maseda
GRUPO 02: Amaya Herrero
GRUPO 03: Amaya Herrero
GRUPO 16: Josune Amondarain, Lorea Andicoechea
GRUPO 17: Lorea Andicoechea
31. TALDEA: Itxaso Zaitegi
32. TALDEA: Itxaso Zaitegi
46. TALDEA:
GROUP 61: Itziar Garrote
Coordinator: Amaia Maseda
Assessment systemsToggle Navigation
- Continuous Assessment System
- Final Assessment System
- Tools and qualification percentages:
- Written test to be taken (%): 70
- Realization of Practical Work (exercises, cases or problems) (%): 30
Ordinary Call: Orientations and DisclaimerToggle Navigation
CONTINUOUS EVALUATION
The Bologna educational method is based on continuous assessment of the students’ progression. All exercises, reports, compositions and practical work done by the student throughout the semester are of relevance for final grades
The current assessment system is based on continuous evaluation. This implies a progressive and continuous learning process by the students. This clearly implies that students must attend class regularly as themes presented in class will differ from those written texts available to them.
Final grades are usually obtained after a written exam, based on the knowledge and skills acquired by the student during
the semester and after some activities.
The weight on the final grade of each act
Extraordinary Call: Orientations and DisclaimerToggle Navigation
Extraordinary Sitting: The exam will represent the 100% of the grade.
Compulsory materialsToggle Navigation
In order to carry out the subject, students will have at their disposal the teaching notes and practical tasks provided by the teacher.
BibliographyToggle Navigation
Basic bibliography
TEXT BOOK REFERENCES
Muñoz Merchante, Ángel
INTRODUCCIÓN A LA CONTABILIDAD
Ediciones Académicas / UNED
Muñoz Merchante, Ángel
PRÁCTICAS DE INTRODUCCIÓN A LA CONTABILIDAD
Ediciones Académicas / UNED
Wanden-Berghe, J.L., Fernández, E.
INTRODUCCIÓN A LA CONTABILIDAD
Editorial Pirámide
In-depth bibliography
Camacho-Miñano (Coordinator)
BEYOND FIGURES. INTRODUCTION TO FINANCIAL ACCOUNTING
Editorial Pirámide
Monger, R.
FINANCIAL ACCOUNTING
Wiley.
Weygandt, Kimmel and Kieso
FINANCIAL ACCOUNTING
IFRS Edition. Wiley.
Journals
Academic or professional journals can be used throughout the course to develop a specific topic of interest.
Web addresses
SPANISH GENERAL ACCOUNTING PLAN
http://www.icac.meh.es/
COMPLEMENTARY REFERENCES
INTERNAL MARKET - UE: http://europa.eu.int/comm/internal_market/accounting/index_en.htm
COMISIÓN NACIONAL DEL MERCADO DE VALORES (CNMV): http://www.cnmv.es/index.htm
INSTITUTO DE CONTABILIDAD Y AUDITORÍA DE CUENTAS: http://www.icac.meh.es/
BANCO DE ESPAÑA, http://www.bde.es
IAS PLUS, http://www.iasplus.com/index.htm
GroupsToggle Navigation
01-61 Teórico (English - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
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1-1 | 08:30-10:00 (1) | ||||
1-15 | 10:00-11:00 (2) | 11:00-12:30 (3) | |||
8-8 | 08:30-10:00 (4) | ||||
14-14 | 08:30-10:00 (5) |
Teaching staff
Classroom(s)
- A0.8 - EDIFICIO BLANCO GARRIDO (1)
- A0.8 - EDIFICIO BLANCO GARRIDO (2)
- A0.8 - EDIFICIO BLANCO GARRIDO (3)
- A0.8 - EDIFICIO BLANCO GARRIDO (4)
- A0.8 - EDIFICIO BLANCO GARRIDO (5)
01-61 Applied computer-based groups-2 (English - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
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2-7 | 12:30-14:00 (1) | ||||
9-13 | 12:30-14:00 (2) | ||||
15-15 | 12:30-14:00 (3) |
Teaching staff
Classroom(s)
- A0.8 - EDIFICIO BLANCO GARRIDO (1)
- A0.8 - EDIFICIO BLANCO GARRIDO (2)
- A0.8 - EDIFICIO BLANCO GARRIDO (3)
01-61 Applied computer-based groups-1 (English - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
2-7 | 08:30-10:00 (1) | ||||
9-13 | 08:30-10:00 (2) | ||||
15-15 | 08:30-10:00 (3) |
Teaching staff
Classroom(s)
- A0.8 - EDIFICIO BLANCO GARRIDO (1)
- A0.8 - EDIFICIO BLANCO GARRIDO (2)
- A0.8 - EDIFICIO BLANCO GARRIDO (3)