Learning objectives

Referring to knowledge • Understand the importance of accounting as an information system used in decision-making processes within an economic unit. • Know the applicable accounting regulations, especially the rules contained in the Spanish General Accounting Plan, the ICAC rules and other mercantile rules that are used to evaluate, record and formulate accounting statements, given the normative approach taken in the study of financial accounting. • Acquire an understanding of the broad field of financial accounting and its relationships with other accounting disciplines and disciplines outside this field. • Acquire the proper scientific training to understand how to collect, measure, value and represent external transactions, enabling students to prepare annual reports based on a knowledge of the financial position, profit and cash flow of a company. The specific objectives to be accomplished through the course include: • Knowledge of accounting regulations, with special emphasis on PGC valuation rules, their interpretation and application. • Accounting records of business operations that affect the company’s equity and results. • Skills in the communication and interpretation of accounting information.

 

 

Teaching blocks

 

1. Financial accounting: introduction to methodology

*  Block goals – topic
— Understand the role and place of financial accounting within the broader field of accounting.
— Analyse the conceptual tools of an institutional nature that are becoming more generalized in their application and which seek the global harmonization of financial information, so that economic subjects interested in this information can make the correct decisions.
— Know the origin and the evolution of Spanish and international accounting legislation.
— Understand and synthetically appraise the structure and scope of annual reports.

2. Accounting and the economic structure

*  Block goals – topic
— Understand pre-accounting analyses of the elements of an economic structure, be they fixed or current, operational or purely financial.
— Understand the mechanisms by means of which the asset values on the balance sheet are formed, and how these values may be reduced.
— Know and be able to apply asset valuation rules and know how to implement the necessary procedures and criteria to correctly value the respective accounting movements.
— Understand the reasons behind an accounting movement and the definitions and relationships of accounting subgroups, and be able to identify the type of transaction in question and to make informed judgements about their impact on equity, financial position and, ultimately, company results.

3. Accounting of the capital structure

*  Block goals – topic
— Understand pre-accounting analyses of the elements of the financial structure, be it the company’s own or third party.
— Understand the mechanisms by means of which the asset values on the balance sheet are formed, and how these values may be reduced.
— Know and be able to apply asset valuation rules and know how to implement the necessary procedures and criteria to correctly value the respective accounting movements.
— Understand the reasons behind an accounting movement and the definitions and relationships of accounting subgroups, and be able to identify the type of transaction in question and to make informed judgements about their impact on equity, financial position and, ultimately, company results.

4. Singular accounting events

*  Block goals – topic
— Know and apply the valuation rules of the singular items of both assets and liabilities, originated by the tax issues, the transactions in currency other than the Euro and accruals.

5. Accounting for the company’s results

*  Block goals – topic
— Understand pre-accounting analyses of the flows of income and expenditure as they appear on the income statement, be they financial or extraordinary operating flows or flows originating in the same period, as accruals or on a multi-annual basis.
— Understand the mechanisms by means of which the flows of the income statement are formed, knowing how to separate them clearly from those that are generated by valuation differences that have a direct impact on the balance sheet.
— Know and apply the rules for valuing the corresponding income and expenditure, and know how to implement the necessary procedures and criteria to correctly value the respective accounting movements.
— Understand the reasons behind an accounting movement and of the definitions and relationships relevant to each account that figures in a profit statement, and identify the type of transaction in question and make informed judgements of their impact on profits and, ultimately, on the equity and financial position reflected in the balance sheet.

 

 

Teaching methods and general organization

 

Students are expected to work independently on the theoretical content of the subject, following the lecturer’s indications. Face-to-face classes address the main theoretical points of the subject, any questions that may arise, and the approaches and solutions to practical exercises, which, combined with independent study, allow students to meet the objectives of the course. The subject is based on theoretical and practical material prepared by the lecturers and made available via the Virtual Campus, as well as on the reading lists included in the course plan. As a result of the project to enhance teaching quality being implemented in the Faculty of Economics and Business (promoted by the Research, Innovation and Teaching and Learning Improvement [RIMDA] Unit and the Office of the Vice-Rector for Teaching and Academic Planning), during the academic year 2024–2025, the teaching methodology for some subject groups may differ slightly from that described above. Full details of this methodology are published on the Virtual Campus at the start of the academic year. Students are strictly prohibited from recording or reproducing teaching sessions, in whole or in part, by any means or device. Any unauthorised action of this kind constitutes a breach of current regulations and may entail legal liability.

 

 

Official assessment of learning outcomes

 

General considerations Assessment procedures adhere to the provisions established in the UB Regulations for the assessment and grading of learning outcomes, approved by the Governing Council on 27 February 2020, and developments thereof in the form of criteria and complementary general guidelines for the Faculty of Economics and Business, approved by the Academic Committee of the Faculty on 10 May 2021. At the beginning of the academic year, the Academic Board publishes the calendar and schedule for the examinations for single and repeat assessment procedures, and for the finalization of continuous assessment processes. Assessment methods are adapted to students with special educational needs, based on reports prepared by the UB’s Student Support Service (SAE), thus guaranteeing equal opportunities. The lecturer may request proof of a student’s identification at any time during an assessment activity. Once the subject has been graded, repeat assessment is not possible unless the student formally waives the initial grade awarded, provided the latter is a pass or higher. This waiver must be communicated by email to the corresponding lecturer within the grade review period, and copied to the subject coordinator. In such cases, the student appears as a ’no show’ (no presentat) on the official grade register. The UB employs plagiarism detection tools for assignments and other student work. Plagiarism in any assessed activity will result in a grade of 0 for the final course mark, following a hearing with the student concerned. During assessment activities, students may not use any electronic devices capable of storing or receiving data (such as mobile phones, smartwatches, or calculators with storage capacity), unless explicitly authorised by the teaching staff. Students are strictly prohibited from recording or reproducing teaching sessions, in whole or in part, by any means or device. Any unauthorised action of this kind constitutes a breach of current regulations and may entail legal liability. Continuous assessment By default, students are subject to a continuous mode of evaluation. Continuous assessment consists of a series of tasks and tests undertaken throughout the course, together with a consideration of their class attendance and overall engagement. The weighting given to each activity in calculating the final grade is as follows: Exam 1. A theoretical-practical test, 50% of the final grade. Compulsory in-person test, a minimum grade of 5 out of 10 being required to continue with the continuous mode of assessment. Students who fail to achieve this minimum grade may transfer to the single mode of assessment. Exam 2. A theoretical-practical test, 50% of the final grade. Compulsory in-person test, a minimum grade of 5 out of 10 being required to continue with the continuous mode of assessment. The date is set by the Academic Board and coincides with that of single assessment. If a student does not achieve the minimum pass marks on Exams 1 and 2, the final grade awarded cannot exceed 3.9. Additionally, lecturers take into account the degree and quality of each student’s participation in classes, as well as other forms of evidence of learning. The lecturer’s evaluation of such evidence may modify the mark obtained on the assessed activities.   Examination-based assessment The single mode of assessment consists of one examination, accounting for 100% of the final grade. This exam includes multiple-choice questions of a theoretical-practical nature. The date is set by the Academic Board. Repeat assessment  The content, procedure and criteria for repeat assessment are the same as those established herein for the single mode of assessment. The date is set by the Academic Board.

Reading and study resources

Check availability in Cercabib

Book

GONZALEZ NAVARRO, Elena, et al. Normas de Valoración del Plan General de Contabilidad. Aplicación práctica. Madrid: Garceta, 2023

Catàleg UB  

OSES GARCIA, Javier. 108 ejercicios de valoración en contabilidad financiera. 3ª Ed. Madrid: Garceta grupo editorial,2017

Catàleg UB  

GARCIA CASTELLVI, Antonio. Contabilidad financiera: análisis y aplicación del PGC de 2007. Barcelona : Ariel, 2011

Catàleg UB  

ALONSO PÉREZ, Ángel., POUSA SOTO, Raquel. 2000 soluciones contables PGC 2016. Madrid: CISS, 2016

Catàleg UB  

ALONSO PÉREZ, Ángel., POUSA SOTO, Raquel. Casos prácticos de la reforma contable 2021. Madrid: CISS, 2021

Catàleg UB  

ARCHEL DOMENCH, Pablo. Estados contables: elaboración, análisis e interpretación. 5ª ed. Madrid : Pirámide, 2018

Catàleg UB  

DEL CAMPO MORENO, Paloma. Contabilidad Financiera: Normas de registro y valoración. Madrid: Ed Sanz y Torres, 2019

DEL CAMPO MORENO, Paloma, PARTE ESTEBAN, Laura. Contabilidad Financiera: Ejercicios y soluciones. Madrid: Ed Sanz y Torres, 2020

GÓMEZ VALLS, Francesc, ROVIRA VAL, Mª. Rosa. Contabilidad financiera. Madrid : Síntesis, 2010

Catàleg UB  

HORNGREN, Charles T., et al. Introduction to financial accounting. 11h ed. Upper Saddle River (N.J.) : Prentice Hall, 2014

Catàleg UB  

KIMMEL, Paul D.; WEYGANDT, Jerry J.; KIESO, Donald E. Financial accounting : tools for business decision making. 10th ed. Hoboken, N.J. : Wiley, 2016

Catàleg UB  

MONGER, Rod F. Financial accounting : a global approach. Chichester : Wiley, 2010

Catàleg UB  

MONTESINOS JULVE, Vicente. ... [et al.] Introducción a la contabilidad financiera : un enfoque internacional. 7ª Ed. Barcelona : Ariel, 2008

Catàleg UB  

PORTER, Gary A.; NORTON, Curtis L. Financial accounting : the impact on decision makers. 9rd ed. Stamford : Cengage Learning, 2015

SOCIAS SALVA, Antonio. Contabilidad Financiera: El Plan General de Contabilidad. 4ª Ed. Madrid : Piramide, 2017

WANDEN-BERGHE, Jose Luis. Contabilidad Financiera II . Madrid : Piramide, 2012

Legislation

Espanya. Real Decreto 1514/2007, de 16 de noviembre, por el que se aprueba el Plan General de Contabilidad.  

Espanya. Ley 27/2014, de 27 de noviembre, del Impuesto sobre Sociedades. Boletín Oficial del estado, 28 de noviembre de 2014.  

Espanya. Real Decreto 634/2015, de 10 de julio, por el que se aprueba el Reglamento del Impuesto sobre Sociedades. Boletín Oficial del Estado, 11 de julio de 2015.  

Espanya. Ley 37/1992, de 28 de diciembre del Impuesto sobre el Valor Añadido. Boletín Oficial del Estado, 29 de diciembre de 1992.  

Espanya. Ley 16/2007, de 4 de julio, de reforma y adaptación de la legislación mercantil en materia contable para su armonización internacional con base en la normativa de la Unión Europea. Boletín Oficial del Estado, 5 de Julio de 2007,núm. 160.  

Web page

GONZALO ANGULO, JA.: "Principales cambios que suponen las Normas Internacionales de Información Financiera (NIIF) respecto del Plan General de Contabilidad (PGC). [en línia]. [Consulta: 12 juny 2017]. Disponible a: http://www.5campus.org/leccion/niif.  

Enllaç al Codi de Comptabilitat Financera i de Societats que publica el BOE en la seva col·lecció de Codis Electrònics. Es pot descarregar en PDF o EPUB o consultar en línia. És una selecció de les principals normes comptables, inclou el PGC, PGCPYMES, resolucions ICAC... El mateix BOE s’encarrega de mantenir-lo actualitzat a l’última novetat jurídica. Disponible a:  https://www.boe.es/biblioteca_juridica/codigos/codigo.php?id=089_Codigo_de_Contabilidad_Financiera_y_Sociedades&tipo=C&modo=2

Electronic text

Supuestos de Contabilidad II. Enunciados. Curso 2020-2021. Melús Fernández, Jesús-Javier; Osés García, Javier. Disponible a: http://hdl.handle.net/2445/171187

Soluciones a los supuestos de Contabilidad II. Curso 2020-2021.  Melús Fernández, Jesús-Javier; Osés García, Javier. Disponible a: http://hdl.handle.net/2445/171194