6006 - ACCOUNTING

Subject type: Basic

Coordinator: Alex Araujo Batlle

Trimester: First term

Credits: 6

• Catalan
• English

In the teaching group in Catalan

Material: Catalan 20% - Spanish 80%

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

The subject proposes the understanding of the basic accounting concepts to be able to understand and assimilate the process of elaboration of the accounting statements and the meaning of the financial statements prepared as a result of the activity of an organization.

This information system is applicable to different types of organizations. The central axis of the subject is the understanding and development of an accounting cycle, which is worked from the accounting of basic transactions of the company and with the final obtaining of a balance sheet and an income statement corresponding to business activity over a period of time.

The knowledge and the correct application of the accounting regulations and of the criteria of accounting valuation complete the necessary requirements to achieve some competitions and some basic capacities for the future professional development of the student and for the follow-up of the studies, and especially, with the related with the 'accounting and finance itinerary. 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.

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.

• Apply and analyze accounting regulations, as well as the general principles of general accounting.
• Design an accounting cycle and prepare the Balance Sheet and Profit and Loss Understanding the operation of the double item.
• Design the most common economic transactions by accounting for them.

The methodology consists of achieving the involvement of students voluntarily in the joint process of discussion and development of the problems of the course, their participation becomes essential to improve in the learning process.

Topic 1. Introduction to the study of accounting.

Definition of accounting; economic reality; Wealth and Income; Economic and Financial Structure; an approach to investment and financing; the patrimony, analysis of the patrimonial situations, patrimonial masses. Analysis of assets, liabilities and equity; the working capital; the balance sheet as an expression of the patrimonial balance. Accounting instruments: accounts and books of account.

Item 2. Intangible and tangible fixed assets. Depreciation and Impairment.

Fixed assets: concept and classes. Tangible fixed assets: concept and classes; recognition and appreciation; assessment after initial recognition; value corrections; alienations and casualties. Intangible fixed assets: concept and classes; recognition and appreciation; value corrections; alienations and casualties.

Depreciation: concept; technical, economic and financial significance; variables to be considered in the calculation of depreciation; depreciation systems and depreciation bases.

Deterioration: Concept, nature, causes and classes of deterioration.

Item 3. Current Assets and Liabilities.

Collection rights: concept and classes, valuation and impairment. Treasury: concept and objectives. Payment obligations: concept and classes, valuation, payroll treatment. Introduction to Value Added Tax. VAT Repercussed. VAT Supported. Accounting. Accounting regularization.

Item 4. Basic financing.

Company financing: financial balance; own resources and other people's resources. Own resources: Capital and Reserves: concept and classes; Long-term external resources: concept and classes.

Item 5. Income and expenses. Result.

Income: concept and classes; accounting recognition of income. Expenses: concept and classes; accounting recognition of expenses. Principle of correlation of income and expenses. Temporary imputation of income and expenses. Result: concept and classes.

Item 6. Accounting cycle. Annual accounts.

Beginning of the exercise. Accounting development for the year. End of the year: regularization and reclassification of accounts, accrual of income and expenses, valuation adjustments, determination of the result, closing of accounts. Preparation of annual accounts. The balance sheet: concept and objectives; elements that make it up; information to be disclosed. Presentation of the result: concept and objectives; elements that make it up; information to be disclosed.

Theoretical master classes will be combined with practical examples. Face-to-face practical classes as a team by students and independent work to be developed individually or collectively in a non-contact way. To this end, exercises are distributed where the difficulties appear to the students and they are the ones who have to solve them and explain them to their classmates, this process is led by the teacher.

In addition, the use of the recommended bibliography and the use of an accounting computer program will allow the acquisition of the skills and abilities necessary to meet the stated objective.

Evaluation system:

The exam at the end of the term represents 70% of the mark (50% practical + 20% theoretical). The theoretical exam consists of test-type questions with four possible answers of which only one answer is valid. The assessment method will be as follows: 1 point if the answer is correct, -0,25 if it is incorrect and 0 if the question is not answered. It is necessary to take a minimum grade of 4 out of 10 in each part (practical and theoretical) to be entitled to an average grade, in case any part or both do not pass this 4 out of 10 will not pass the exam.

The remaining 30% will be formed from the midterm exam.

In recovery, only the final test can be taken, which will calculate 70% of the final grade, as the grades of the activities will be kept. In the recovery the students will have to take a minimum mark of 4 out of 10 in each part (practical and theoretical) to have the right to make an average mark, in case some part or both do not exceed this 4 out of 10. 'exam.

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

MUÑOZ MERCHANTE, A. (2011): Introduction to Accounting. Ediciones Académicas, SA

GENERAL ACCOUNTING PLAN FOR SMALL AND MEDIUM-SIZED ENTERPRISES (2007): Royal Decree 1515/2007, 16 November.

GENERAL ACCOUNTING PLAN (2007): Royal Decree 1514/2007, 16 November.

URIAS VALIENTE, J. (2004): 2 volumes: 1.- Introduction to accounting: Theoretical aspects and 2.- Practical accounting manual: Introduction. Madrid. Academic Editions.

SOLÀ, M .; VILARDELL, I. (2009): Introduction to general accounting. McGrawHill

MONTESINOS JULVE, VICENTE (2009): Introduction to financial accounting: an international approach. Ariel. 6ª corrected and updated edition adapted to the General Accounting Plan.

ALBELDA, E. and SIERRA, L. (2014): Introduction to financial accounting. Basic exercises. Pyramid.

DIÉGUEZ, J. (Coord.) (2015): Financial accounting. The General Accounting Plan. Pyramid.

LOSILLA, MF (2011): Financial accounting practices. Madrid: Garceta.