— Explain the concepts of financial operations and the balance between performance and consideration, and the theoretical foundations of financial mathematics.

— Recognise the implicit agreements when exchanging financial capital as part of a financial operation. That is, identify and describe the various financial schemes applicable (compound interest, simple interest, trade discount).

— Explain the concept of financial return and that of the calculation of financial return as instruments for analysing the financial balance of an operation.

— Describe and use the concepts and magnitudes that determine lending operations.

— Discuss the importance of accounting as an information system for making economic decisions.

— Identify the accounting regulations should be applied.

— Describe basic accounting concepts and methods used.

— Describe the content and structure of annual accounts, with special reference to the balance sheet and the profit and loss account.

— Apply the different financial schemes (compound interest, simple interest and trade discount).

— Determine whether the performance and consideration in a financial operation is balanced.

— Calculate financial returns.

— Apply the knowledge acquired during the course to analyse some of the various financial, savings or investment products, that can be found in the financial market today and determine their parameters. In particular, determine their costs or profitability.

— Use both a calculator and spreadsheet with agility to perform the necessary operations to determine the value of different financial products.

— Classify the different elements that make up the set of annual accounts.

— Determine how the accounting information affects the company’s assets and results.

— Prepare a balance sheet and a profit and loss account from the accounts.

— Use accounting terminology appropriately both in writing and orally.

Teamwork skills:

    – Identify what it means to learn and understand the the personal process that learning involves.

    – Reformulate and adapt to a given context the objectives set by course lecturers.

    – Plan all activities by selecting procedures and exploiting all the resources offered.

    – Show initiative in gathering knowledge and seek information beyond the minimum references provided.

    – Reflect on the learning acquired and ask questions to open up new perspectives.

    – Compare knowledge with that of classmates and propose actions to advance understanding.