Master’s degree in Business Administration and Corporate Law

Corporate groups and consolidated financial statement

Course code
4S02498
Name of lecturers
Riccardo Stacchezzini, Cristina Florio
Coordinator
Riccardo Stacchezzini
Number of ECTS credits allocated
9
Academic sector
SECS-P/07 - BUSINESS ADMINISTRATION AND ACCOUNTING STUDIES
Language of instruction
Italian
Site
VERONA
Period
secondo semestre (lauree magistrali) dal Mar 1, 2021 al Jun 1, 2021.

Lesson timetable

Go to lesson schedule

Learning outcomes

The course aims to develop the student’s capability to understand and scrutinize corporate groups, with particular reference to how they are initiated, their governance mechanisms, their relationships with stakeholders and the conflicts of interest. The course also aims to develop the student’s ability to prepare a consolidated financial statement according to both the Italian law and the international financial reporting standards. The consolidation area, the consolidation methods, the purchase price allocation and the intercompany transactions are particularly explored. Finally, the course provides model of analysis of the corporate groups’ financial position and performances. The student should demonstrate its ability understand the corporate group economics and the consolidated financial statement discipline. The student should also be able to face practical exercises about the preparation of the consolidated financial statement and the analysis of the corporate groups’ financial position and performances.

Syllabus

1. Business groups
- The constitution of business groups: determinants and processes
- Business groups typologies
- The governance of business groups

2. Consolidated financial statements
- Source and reference discipline
- The consolidation area
- Methods of consolidation
- Purchase price allocation
- Intragroup transactions

3. Group performances
- Reading the consolidated financial statements
- Models for the analysis of group financial conditions
- Advanced group reporting: sustainability reports and integrated reporting

The teaching materials is provided online, through the E-learning service, within the specific webpage prepared for this course.

Reference books
Author Title Publisher Year ISBN Note
Sostero, Cerbioni, Saccon Bilancio consolidato: disciplina nazionale e IFRS (Edizione 2) McGraw - Hill Education 2018

Assessment methods and criteria

The final exam consists in an individual written test.

Teaching and exam methods will be detailed as soon as possible, according context and the related rules.



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