Accounting and Corporate Reporting
A.Y. 2025/2026
Learning objectives
The course, designed as an advanced program in Business Administration, aims to provide students with the knowledge necessary to develop a well-informed interpretation of accounting and corporate reporting, in both their strategic and regulatory dimensions and in light of recent legislation on integrated sustainability reporting. Specifically, with particular attention to compliance and legal implications, the course addresses:
1. The accrual-based accounting system, within the framework of regulatory obligations related to the recording of business transactions;
2. The logic underlying the preparation of financial reports and related disclosure;
3. The increasing importance of sustainability reporting in the environmental, social, and governance (ESG) domains, in line with recent regulatory developments.
1. The accrual-based accounting system, within the framework of regulatory obligations related to the recording of business transactions;
2. The logic underlying the preparation of financial reports and related disclosure;
3. The increasing importance of sustainability reporting in the environmental, social, and governance (ESG) domains, in line with recent regulatory developments.
Expected learning outcomes
By the end of the course, students will have achieved the following outcomes:
Knowledge and Understanding: Students will have acquired knowledge of accrual accounting, the preparation of financial reporting documents, and the fundamentals of integrated sustainability reporting, and will understand the main related regulations and corporate policies;
Applying Knowledge and Understanding: Students will be able to interpret the corporate reporting system, both in its financial and non-financial dimensions, in compliance with the most recent regulatory requirements, and will be able to identify the reporting choices reflected in the financial statements and sustainability reports;
Independent Judgment: Students will develop critical skills in interpreting financial and sustainability disclosures, including through guided discussions and analysis of related corporate reports, and will be able to identify corporate policies that underpin the preparation of such reporting;
Communication Skills: Students will learn the language of corporate integrated reporting and will be able to communicate clearly, effectively, and appropriately in specialist contexts;
Learning Skills: Students will develop the ability to autonomously update their knowledge in response to evolving accounting and reporting regulations.
Knowledge and Understanding: Students will have acquired knowledge of accrual accounting, the preparation of financial reporting documents, and the fundamentals of integrated sustainability reporting, and will understand the main related regulations and corporate policies;
Applying Knowledge and Understanding: Students will be able to interpret the corporate reporting system, both in its financial and non-financial dimensions, in compliance with the most recent regulatory requirements, and will be able to identify the reporting choices reflected in the financial statements and sustainability reports;
Independent Judgment: Students will develop critical skills in interpreting financial and sustainability disclosures, including through guided discussions and analysis of related corporate reports, and will be able to identify corporate policies that underpin the preparation of such reporting;
Communication Skills: Students will learn the language of corporate integrated reporting and will be able to communicate clearly, effectively, and appropriately in specialist contexts;
Learning Skills: Students will develop the ability to autonomously update their knowledge in response to evolving accounting and reporting regulations.
Lesson period: First semester
Assessment methods: Esame
Assessment result: voto verbalizzato in trentesimi
Single course
This course cannot be attended as a single course. Please check our list of single courses to find the ones available for enrolment.
Course syllabus and organization
Single session
Responsible
Lesson period
First semester
Course syllabus
The course is divided into two parts, covering the following topics:
Part I - Accrual accounting and Financial reporting
- The accounting and reporting system and related legal requirements;
- Recording purchase transactions and VAT treatment;
- Recording sales transactions and periodic VAT settlements;
- Recording employee compensation and related social security and tax obligations;
- Recording financing operations through various contractual forms;
- Recording share capital formation, increases, and reductions;
- Adjusting entries and preparation of financial reporting;
- Valuation criteria for preparing financial statements under civil law;
- Preparation, analysis, and reading of financial reports;
- Exercises, discussions, and guided analysis of financial reports.
Part II - Integrated Sustainability Reporting
- Origins and principles of integrated reporting: the IIRC Framework;
- Regulatory developments in integrated reporting:
- Directive 2014/95/EU and Legislative Decree 254/2016;
- Directive 2022/2464/EU (Corporate Sustainability Reporting Directive) and Legislative Decree 125/2024;
- ESG sustainability reporting (environmental, social, and governance);
- European Sustainability Reporting Standards (ESRS): structure, logic, and requirements;
- Discussions and guided analysis of sustainability reports.
Part I - Accrual accounting and Financial reporting
- The accounting and reporting system and related legal requirements;
- Recording purchase transactions and VAT treatment;
- Recording sales transactions and periodic VAT settlements;
- Recording employee compensation and related social security and tax obligations;
- Recording financing operations through various contractual forms;
- Recording share capital formation, increases, and reductions;
- Adjusting entries and preparation of financial reporting;
- Valuation criteria for preparing financial statements under civil law;
- Preparation, analysis, and reading of financial reports;
- Exercises, discussions, and guided analysis of financial reports.
Part II - Integrated Sustainability Reporting
- Origins and principles of integrated reporting: the IIRC Framework;
- Regulatory developments in integrated reporting:
- Directive 2014/95/EU and Legislative Decree 254/2016;
- Directive 2022/2464/EU (Corporate Sustainability Reporting Directive) and Legislative Decree 125/2024;
- ESG sustainability reporting (environmental, social, and governance);
- European Sustainability Reporting Standards (ESRS): structure, logic, and requirements;
- Discussions and guided analysis of sustainability reports.
Prerequisites for admission
The course requires prior knowledge of Business Administration; therefore, students must have passed the Economia e organizzazione aziendale exam, a compulsory first-year course.
Teaching methods
The course includes lectures presenting the main theoretical and regulatory concepts related to accounting, financial reporting, and integrated sustainability reporting. These are complemented by exercises, discussions, and guided analysis of corporate reports, covering both financial statements and sustainability disclosure, to promote active participation, critical engagement, and the development of individual expertise.
Teaching Resources
Textbook (Part I): Andrei P., Fellegara A.M. (eds.), Contabilità generale e bilancio d'impresa, Giappichelli, Turin, latest available edition (expected: eighth edition, 2025).
Slides and any additional materials (Part II) will be provided by the lecturer and made available through the university's Ariel platform.
Slides and any additional materials (Part II) will be provided by the lecturer and made available through the university's Ariel platform.
Assessment methods and Criteria
The assessment evaluates students' understanding and critical analysis of the course content. Students are expected to prepare a written presentation on a topic selected from the course program (accounting for 30% of the final grade), followed by an oral examination to discuss the developed content and assess overall knowledge. The final grade, expressed on a 30-point scale, reflects the student's ability to apply acquired knowledge, particularly in reading and interpreting financial and sustainability disclosures, in light of current regulations, and using appropriate disciplinary terminology.
SECS-P/07 - BUSINESS ADMINISTRATION AND ACCOUNTING STUDIES - University credits: 6
Lessons: 42 hours
Professor:
Del Gesso Carla
Shifts:
Turno
Professor:
Del Gesso CarlaProfessor(s)