General information

Subject type: Mandatory

Coordinator: Núria Masferrer Llabinés

Trimester: Second term

Credits: 6

Teaching staff: 

Josep Patau Brunet
Pablo Migliorini 
Xavier Sentís Ros 

Teaching languages

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.


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



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

  • Deepen in those more specific accounting operations of the business environment following the principles and valuation criteria of the General Accounting Plan: Tangible and intangible fixed assets, inventories, financial assets and liabilities and equity.
  • Specific view of the different components that make up the annual accounts of a company.

Working methodology

Theoretical sessions

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

Practical classes and 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.


SUBJECT 1: Introduction

Basic concepts in financial accounting. Accounting as an information system: the importance of accounting harmonization. The conceptual framework of accounting: a) Accounting Principles, b) Registration Criteria and c) Valuation Criteria.


TOPIC 2: Tangible and intangible fixed assets

Introduction and basic concepts. Evaluation. Particularities of tangible and intangible fixed assets. Capitalization of financial expenses. Financial leases. Swaps. Real estate investments.


SUBJECT 3: Stocks

Introduction and basic concepts. Valuation and registration of stocks. Stock and write-downs. Recoverable containers and packaging. Valuation of final stocks. The cost of the merchandise sold and the gross margin.


SUBJECT 4: The financial assets

Long-term financial investments. Short-term financial investments. Customers, debtors and other accounts receivable. Investments in group and / or associated companies.


TOPIC 5: Equity

Composition of equity. Income and expenses charged directly to Equity (Groups 8 and 9 of the General Accounting Plan).


SUBJECT 6.- The financial liabilities and other liabilities

Bank loans and other financial liabilities. Suppliers, creditors and other accounts payable. Calculation and accounting of income tax. Financing of group and / or associated companies.


SUBJECT 7.- The annual Accounts: Model abbreviated and no abbreviated

Balance Sheet. Profit and Loss Account. Statement of changes in equity. Cash Flow Statement. Memory.

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 70% of the mark, the remaining 30% 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.


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 (30% assignments) is still valid as well as the minimum mark of the exam.

Summary of evaluation weights:

Partial examination

Quarterly exam



Participation in activities proposed in the classroom


Individual and / or group work


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



Royal Decree 1515/07, BOE of 21-11-07.

PGC, Royal Decree 1514/07, BOE of 20-11-07 - PGC PIMES.

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

Spanish General Accounting Plan. Approved by Royal Decree 1514/2007 of 16th November 2007. Institute of Accounting and Auditing (ICAC).

Law 16/2007, of 4 of July, published in the BOE of 5 of July of 2007 on reform of the mercantile legislation in accounting matter for his international harmonization with base ala normative of the European Union.

Royal Decree 1/2021 amending the PGC approved in RD 1514/07

ICAC resolution of March 1, 2013 on property, plant and equipment and real estate investments

ICAC resolution of March 28, 2013 on intangible assets


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

RD 602/2016, of 2-12-16, BOE of 17-12-16, that modifies the PGC and PGC of SMEs. 

Institute of Accounting and Auditing:

Catalan Association of Accounting and Management:

Arimany Serrat, N and Viladecans, C (2010): "Statement of Changes in Equity and Statement of Cash Flows: Elaboration and Interpretation" Ed. Profit.

Francesc Gómez and other authors (2017): "Exercises Resolved and commented with the PGC" ACCID.

Spanish General Accounting Plan. Approved by Royal Decree 1514/2007 of 16th November 2007.