TecnoCampus Foundation
eCampus
University Business
eCampus

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General information

Subject type: Mandatory

Coordinator: Núria Masferrer Llabinés

Trimester: Second term

Credits: 6

Teaching staff: 

Jose Ramon Marino Castro
Andrei Ioan Boar 
Pablo Migliorini 

Teaching languages

  • Spanish
  • English

Consult the schedules of the different groups to know the language of teaching classes. Although the material can be in any of the three languages.

Skills

Basic skills

  • B2_That students know how to apply their knowledge to their job or vocation in a professional way and have the skills that need to be demonstrated through the elaboration and defense of arguments and the resolution of problems within their area of ​​study

Specific skills

  • E3_Analyze and evaluate the information in the financial statements, applying legal criteria or defined by the company, evaluate the economic performance and prepare financial reports that are used for decision making

     

  • E6_Interpret legal regulations and institutional organization and manage business information.

     

General competencies

  • G2_Be able to innovate by developing an open attitude to change and be willing to re-evaluate old mental models that limit thinking

Transversal competences

  • T5_Develop tasks applying, with flexibility and creativity, the knowledge acquired and adapting it to new contexts and situations

     

Description

This subject deepens the knowledge acquired in the previous subject of Introduction to Accounting, with the application of the General Accounting Plan in force.

Learning outcomes

  • Equity operations of the company and their accounting reflection in accordance with legal regulations. Development of the accounting procedures that occur in the accounting year: depreciation, impairments, warehouse management control, etc ..
  • Tax structure in Spain. Transactions relating to the settlement of corporation tax and adjustments and corrections to accounting regulations. Tax settlement regulations. Settlement of the main operations in the value added tax: internal operations, non-subject operations, exempt operations, intra-community deliveries, intra-community acquisition, imports and exports.

Working methodology

Theoretical sessions

MD1. Master class:  Expository class sessions based on the teacher's explanation attended by all students enrolled in the subject

autonomous learning

MD9.  Solving exercises and problems : Non-contact activity dedicated to the resolution of practical exercises based on the data provided by the teacher.

MD11. Non-face-to-face tutorials : for which the student will have telematic resources such as e-mail and ESCSET intranet resources.

This subject has methodological and digital resources to make possible its continuity in non-contact mode in the case of being necessary for reasons related to the Covid-19. In this way, the achievement of the same knowledge and skills that are specified in this teaching plan will be ensured.

The Tecnocampus will make available to teachers and students the digital tools needed to carry out the course, as well as guides and recommendations that facilitate adaptation to the non-contact mode.

Contents

topic 1 Introduction. Definitions of financial accounting. Objectives of accounting. Accounting standardization and harmonization. Accounting reform of commercial legislation. Conceptual Framework.
topic 2 Immobilized. General valuation rules. Value corrections of tangible and intangible fixed assets. Use value and others. Financial investments.
topic 3 Stocks: and Expenses. Concept and content. Valuation rules. Valuation corrections.
topic 4 Treasury and other financial accounts. Foreign currency transactions.
topic 5 Treasury and other financial accounts: Archiving and conciliation. banking.
Topic 6 Short-term debts. Loans and receivables. Investments held to maturity.
Topic 7 External financing. Liabilities held for trading. Other financial liabilities. Accounting hedges.
Topic 8 Provisions and Contingencies and subsequent events. Analysis of the various items.
Topic 9 The accruals. Deferred and anticipated expenses. Invoices pending receipt or formalization.
Topic 10 Accounting statements. Losses and Gains. The Balance Sheet. The Memory. The statement of cash flows. The state of changes in equity. Other annual accounts.


 

Learning activities

The appropriate and progressive practice of the different exercises proposed by the teacher in the course of the subject, duly solved, either jointly in class or individually or as a team; looking for the solution manually, and / or using the computer means, what is tried is to facilitate the attainment of an experienced professionalism.

Evaluation system

The exams represent 60% of the mark, the remaining 40% will be formed from the work carried out in the collective activities in class and from the performance of the individual or group tasks. The defense in public, the explanation in front of the classmates of the doubts and questions formulated and the resolution of the opposite difficulties will be valued. To pass the subject the final average must be superior or equal to 5 out of 10.

A minimum grade of 3,5 out of 10 on the final exam will be required for you to average with the continuous assessment.

RECOVERIES

Students will be required to have a minimum of knowledge and recovery will be either totally or partially from the parts that do not reach a sufficient level of knowledge. The grade of the continuous assessment (40% assignments) is still valid as well as the minimum mark of the exam.

Summary of evaluation weights:

Exams

60%

Participation in activities proposed in the classroom

+

Individual and / or group work

40%

A student who has not applied for the first call CANNOT apply for recovery.

REFERENCES

Basic

Beyond the Figures. Introduction to Financial Accounting. European Financial Accounting Manual. María del Mar Camacho Miñano (Coord.) Murat Akpinar, María Rivero Menéndez, Elena Urquía Grande, Anne Eskola. Pirámide Publishing (2015).

GENERAL ACCOUNTING AND SME PLAN 2008. PYRAMID EDITORIAL.

ANTONIO GARCÍA CASTELLVI, ANA Mª GONZALEZ NAVARRO AND JUAN ANTONIO ASTORGA SANCHEZ. FINANCIAL ACCOUNTING. EDITORIAL ARIEL ECONOMIA

Spanish General Accounting Plan 2007. ICAC. http://www.icac.meh.es/documentos/contabilidad/pgc%20ingles.pdf

INTERMEDIATE ACCOUNTING

TERESA CARMEN HERRADOR ALCAIDE EDICIONES ACADEMISCAS 2016 ISBN 9788416140374

SYNOPSIS OF FINANCIAL ACCOUNTING REGISTRATION AND VALUATION STANDARDS

PALOMA DEL CAMPO MORENO EDITORIAL SANZ Y TORRES 2019

ISBN 97884177665521

Complementary

GENERAL ACCOUNTING PLAN. 125 PRACTICAL ASSUMPTIONS
FERNANDO JAVIER FERNANDEZ GONZALEZ
PRACTICAL DOSSIER FRANCIS LEVEBVRE
EDICIONES FRANCIS LEFEBVRE SA

José Ramón Mariño Castro “The new regulation of leases in the new Plan and in IAS 17. A practical vision (II) Accounting Technique No. 713. November 2008. CISS, Wolters Klumer group.

José Ramón Mariño Castro "The major repairs of fixed assets: comments and dysfunctions to the new regulation." Accounting Technique No. 723. October 2009.

PRACTICAL DOSSIER FRANCIS LEVEBVRE. EDICIONES FRANCIS LEFEBVRE SA

ACCOUNTING TREATMENT OF VAT. Agustí Quer Paramiquel. Editorial Pirámide 1997

The Basics of Financial Accounting "Adapted to the Spanish General Accounting Plan". Luis Gil Herrera and Emilio Navarro Heras. Editorial EDISOFER (2013 or 2015)

CASE STUDIES OF THE NEW GENERAL ACCOUNTING PLAN 

ANGEL ALONSO PÉREZ

RAQUEL PUZA SOTO

EDITIONS CEF 2007

FINANCIAL ACCOUNTING EXERCISES AND SOLUTIONS

PALOMA DEL CAMPO MORENO SANZ Y TORRES 2020

ISBN 9788417766538