Financial accounting

<p aling=”justify”>By the end of this course the students will be capable of: – knowing & understanding the main principles of financial accounting and the way it fundaments decision making; – understanding different financial reporting systems (national and international) and being able to use and communicate financial and accounting information to different stakeholders on: financial position (assets, liabilities and equity),statement of other comprehensive income (revenues, expenses, profit/loss), statement of cash-flow, statement of changes in equity, explanatory notes and accounting policies:. – understanding, applying and using financial information for management decisions, information related to non-current assets, inventories, receivables, cash and cash equivalents, liabilities, equity, revenues, expenses and profit/loss: – knowing and understanding the information system of provisions, closure procedures and design of the annual report, events after the balance sheet date, special cases : – understand and use main financial ratios of the financial analysis -present and interpret financial statements, for decision making purpose of various stakeholders.</p>