Universidad Pública de Navarra - Nafarroako Univertsitate Publikoa
Public University of Navarre
| Course code: 174201 | Subject title: FINANCIAL ACCOUNTING I | ||||
| Credits: 6 | Type of subject: Basic | Year: 1 | Period: 2º S | ||
| Department: Gestión de Empresas | |||||
| Lecturers: | |||||
| LIZARRAGA DALLO, FERMÍN [Mentoring ] | SANCHEZ ALEGRIA, SANTIAGO (Resp) [Mentoring ] | ||||
| CADIMA BUSTOS, ANA VERONICA [Mentoring ] | |||||
General proficiencies
GP01 Capacity for analysis and synthesis
GP02 Capacity for organize and planning.
GP04 Oral and written communication in a foreign language
GP06 The ability to search for and analyse information from different sources
GP07 Capacity for solve problems.
GP08 Capacity for make decisions.
GP12 Interpersonal skills
GP15 An ethical approach to work
GP17 Capacity for self-reliant learning
CG24 Human rights commitment
Specific proficiencies
SP02 To identify sources of economic information relevant to their particular enterprise and their contents
SP03 To discern information and data relevant to their particular enterprise which a non-professional would be unable to recognise
SP04 To analyse business management problems, applying professional criteria based on the use of technical instruments
SP07 To assess the situation and foreseeable development of a company on the basis of the relevant records
SP16 To design accounting systems and produce internal and external accounting reports
Learning outcomes
LO 01. To know the basic elements of accounting, its theoretical foundations and its application for decision making.
LO 02. To carry out, on the basis of the appropriate financial statements, the diagnosis of the economic-financial situation and the analysis of the cash flows over a period of time.
LO 03. Learn to assess and discuss the effects that different accounting treatment alternatives have on basic financial statements.
LO 04. Understand and apply current accounting regulations.
LO 05. Communicate clearly and comprehensibly the results of accounting analyses carried out using technicalities specific to the discipline.
Methodology
| Learning activities | Hours (Classroom) | Hours (Out of classroom) |
| A-1 Lectures | 28 | 100 |
| A-2 Tutorials | 28 | 100 |
| A3- Individual or group works | 33.33 | 0 |
| A4- Individual or group office hours | 03.33 | 0 |
| A5- Self-study hours | 53.33 | 0 |
| A6- Exams | 04 | 100 |
Relationship between formative activities and proficiencies/learning outcomes
| Proficiencies | Learning Activities |
| GP01. Capacity for Analysis and synthesis skills | A-1, A2, A3, A4, A5, A6 |
| GP02. Capacity for organize and planning | A-1, A2, A3, A4, A5, A6 |
| GP04. Oral and written communication skills in a foreign language | A-1, A2, A3, A4, A5, A6 |
| GP06. Ability to search and analyze information from varied sources | A-1, A2, A3, A4, A5, A6 |
| GP07. Capacity for solve problems | A-1, A2, A3, A4, A5, A6 |
| GP08 Capacity for make decisions | A-1, A2, A3, A4, A5, A6 |
| GP12. Social skills | A1, A2, A3, A4 |
| GP15. Ethical behaviour in the job | A-1, A2, A3, A4, A5, A6 |
| GP17 Capacity for self-reliant learning | A-1, A2, A3, A4, A5, A6 |
| GP24 Human rights commitment | A-1, A2, A3, A4, A5, A6 |
| EP02. Identify relevant economic information and its content and internal users | A-1, A2, A3, A4, A5, A6 |
| EP03. Recognize information from data in a professional way | A-1, A2, A3, A4, A5, A6 |
| EP04. Apply professional criteria and technical tools to solve business problems | A-1, A2, A3, A4, A5, A6 |
| EP07. Assess the financial situation and future performance of a company | A-1, A2, A3, A4, A5, A6 |
| EP16. Design a basic accounting system and prepare accounting information for external and internal users | A-1, A2, A3, A4, A5, A6 |
Evaluation
| Learning outcome |
Assessment activity |
Weight (%) | It allows test resit |
Minimum required grade |
|---|---|---|---|---|
| LO_01. LO_02. LO_03. LO_04. LO_05. | Partial Examinations | 30 | Yes | none |
| LO_01. LO_02. LO_03. LO_04. LO_05. | Final Exam | 70 | Yes | none |
Additionally, the following minimum requirements will be applied:
Ordinary stage exams (Partial examinations and final exam): for attendance, none. To pass the course, minimum qualification = 5 out of the 10 in the total mark of the course.
Recovery exam: for attendance, the student must have previously "tried without success". To pass the course, same requirement as for the ordinary stage.
Contents
Concepts of wealth, equity, assets, liabilities and income. Bookkeepping fundamentals. Firms accounting circle. IFRS. Accounting treatment of standard business operations.
Agenda
Unit 1. Accounting in action
Unit 2. The recording process
Unit 3. Adjusting the accounts
Unit 4. Completing the accounting cycle
Unit 5. Accounting for merchandising operations
Unit 6. Inventories
Unit 7. Accounting for receivables
Unit 8. Payroll accounting
Bibliography
Access the bibliography that your professor has requested from the Library.
Weygandt, Jerry J., Paul D. Kimmel and Donald E. Kieso (2015). Financial accounting. IFRS Edition. 3rd edition. Wiley (ISBN978-1-118-97808-5).