30426 − FINANCIAL ACCOUNTING MODULE 1

Accounting Department

Credit Points: 5
Course Coordinator: Prof. Luca Simone Scarani (BIEM, BIEF);
Prof. Nicola Pecchiari (BEMACC)

CLASS NUMBER AND INSTRUCTORS

Class Instructors TA
12 Wu (RC) Quarta
15 Merlotti (RC) – Wu Menis
16 Desai (RC) - Lima Chen
17 Scarani (RC) – Scimeca Padovani
18 Desai (RC) – Scarani Coletto
21 Gietzmann (RC) – Florou Quarta
22 Desai (RC) Shanming

COURSE MISSION; CONTENT SUMMARY

Accounting is the language of business, an important means of communication among various business parties.
Among others, financial accounting speaks mainly to external information users, such as investors and
financial analysts, who make decisions for many different purposes using the accounting information revealed in
financial statements.

The course 30426 is the first Module of two (Accounting module 2 is course 30427).

Overall (30426 and 30427), the mission of the course is to provide students with all notions needed to work in
the field of accounting. More in details, it consists in teaching how to prepare the full set of both separate and
consolidated financial statements (income statement, balance sheet, cash flow statement) and all the accounts
therein included, and how to interpret them according to the general F/S analysis methods. At the end of both
courses 30426 and 30427, students should be able to manage, at a basic level, all the issues related to Financial
Accounting.

Broadly speaking, the fil rouge of the whole course is the following:

30426 30426 and 30427 30427 30427 30427

Sessions 1 to 9 Sessions 10 to 22, sessions 1 to 5 Sessions 6 to 10 Sessions 11 to 15 Sessions 16 to 23
The basis of the Accounting and evaluation of the main Two specific topics How to analyse Consolidated
accounting system. items of balance sheet and income How to compute financial How to prepare
The accounting equation, statement and account for statements consolidated
the “pillars” of Revenues, receivables, cost of goods income taxes. Financial financial
accounting (balance sold, inventories, tangible and How to prepare the statement statements
sheet, income statement); intangible assets, liabilities and bonds, cash flow statement. reclassification
The periodic and owners’equity, investments in other and analysis
adjusting entries in the corporations.
double-entry system.

Pag. 1 of 14
That said, the mission of this specific course is to provide to students the basic Accounting skills, focusing on
the double-entry bookkeeping techniques and their application in the main transactions involving the accounts
of the entities.

The course 30426 corresponds to 5 CFU, i.e. to a total workload of 130 hours, and will have 44 academic hours
lectures.

The content of the course, overall (30426 and 30427), can be summarized as follows:
1. Understand the accounting methodology with reference to data gathering, processing,
classification and recording using the "accounting equation" (A = L + SE) and then the double-
entry accounting system.
2. Understand the techniques at the basis of financial reporting preparation (preparation of journal
entries on the basis of the accrual principle, going concern principle, etc).
3. Understand the adjusting entries and identify the areas which are particularly subject to
managerial discretion.
4. Correctly evaluate the main financial statement items, according to law and to accounting
principles:
- Accounting for revenues and receivables.
- Accounting for inventories.
- Accounting for non-current tangible and intangible assets.
- Accounting for liabilities and bonds.
- Accounting for owners'equity.
- Accounting for investments in other corporations.
5. Compute and account for income taxes.
6. Prepare a cash flow statement.
7. Reclassify the F/S items according to different methodologies.
8. Analyze F/S with ratios.
9. Prepare consolidated financial statements.

The course makes reference, where necessary, to International Financial Reporting Standards (IAS/IFRS)
and to the main differences compared to US GAAP.

Accounting Module 1 30426 covers topics under items 1 to 4 of the above list (up to bonds).

Accounting Module 2 30427 covers topics under 4 (cont'd from owners'equity) to 9 of the above list.

INTENDED LEARNING OUTCOMES

I. KNOWLEDGE AND UNDERSTANDING

At the end of the course 30426 student will be able to:

• Understand the techniques at the basis of financial reporting preparation.

• Describe the accounting methodology with reference to data gathering, processing, classification.
• Identify the critical elements underlying the application of the double-entry accounting system.
• Discern whether there is the need to prepare any adjusting entry on an accrual basis, identifying the
areas which are particularly subject to managerial discretion.
• List and explain the general accounting principles underlying the preparation of the set of financial
statements.
• Summarize and illustrate the theoretical tools needed to evaluate the following main financial
statement items, according to law and to accounting principles:

Pag. 2 of 14
 - Revenues and receivables.
- Inventories.
- Non-current tangible and intangible assets.
- Liabilities and bonds.

II. APPLYING KNOWLEDGE AND UNDERSTANDING

At the end of the course 30426 student will be able to:

• Use the "accounting equation" and then apply the double-entry accounting system.
• Prepare the periodical and adjusting entries for basic transactions.
• Compose a full set of financial statements on the basis of simple transactions as above listed.
• Analyze, evaluate, calculate and prepare the journal entries related to the following financial
statement items, according to law and to accounting principles:
- Revenues and receivables.
- Inventories.
- Non-current tangible and intangible assets.
- Liabilities and bonds.
• Understand the techniques at the basis of financial reporting preparation.
• Describe the accounting methodology with reference to data gathering, processing, classification.

PREREQUISITES

To feel comfortable in this course, students should be familiar with the notions of a management course. At
beginning of the course, it is not expected any knowledge about the double-entry accounting system.
Please note/1. In precedent academic years, Accounting 1 was a prerequisite for Accounting 2: id est, in the past
you had to pass Accounting 1 exam before or in the same session of Accounting 2 to get the latter grade
registered. Starting from this academic year, the “prerequisite sequence” should be no longer valid (the
approval of this decision is ongoing and you will receive appropriate notification). That said, please consider
that Accounting 2 is the second part of an exam divided in two (Accounting),so please consider since now that
all the notions you are going to learn in Accounting 1 will be asked and will be needed to pass Accounting 2
exam. In short, although you can pass Accounting 2 before Accounting 1 exam, studying Accounting 1 is
necessary to pass Accounting 2.
Please note/2: Accounting 1 is not an intermediate exam. Although Accounting Module 1 and Accounting
Module 2 will be merged into a single grade in the Degree Diploma (30525 which is the average of Accounting
1 and Accounting 2), please keep in mind that once Accounting 1 is passed, then the grade is registered in the
academic career of the student and will never be deleted in the further years (according to the rules in force
at the date of drafting this Syllabus).

COURSE MATERIALS
Attending and not attending students

Course materials are the same for attending and non-attending students, as defined in subsequent paragraphs.

They are the following:

Pag. 3 of 14
 I. TEXTBOOK

The textbook is: Financial Accounting, International Edition, Libby, Libby, Hodge. McGraw-Hill, 2018 (10th
edition).

Chapters discussed in class in the first semester are: 1, 2, 3, 4, 6, 7, 8, 9 and 10. In the second semester, other
chapters of the book will be discussed (11, 12, 13, Appendix A). Please note: the exact list of topics covered in
the exam will be presented in a separate file, which will be uploaded on Blackboard.

By purchasing the book, you will be able to use a “scratch code” which allows you to access online resources of
the book, including slides, new exercises, and so on (named “eConnect”). You can also purchase the “scratch
code” stand-alone and use all the online resources of Mc-Graw Hill.

Frequently Asked Questions about Book

QUESTION ANSWER

The book is too expensive.
My brother studied in Bocconi in 2013 and had the 7th
edition of the Libby book. Can I use it, instead of
buying this book?
We know buying books is an effort for students.
Nevertheless, we would like to emphasize that: (A) this
book covers not only Accounting Module 1 but also half
of Accounting Module 2 so the expense is for 1 ½
courses (B) buying the book allows you to make
exercises of the same book which are at the end of each
chapter (C) buying the book allows you to access to Mc-
Graw online exercises which are really useful especially
for Bonus Quizzes; (D) buying the book allows you to
study in continuous at home getting well prepared for
the exam.
You can get prepared for the exam as you prefer. You
can buy the book, access to eConnect, make exercises to
get better trained for the bonus quizzes. Or, if you deem
it better, you can use only the materials uploaded on
Blackboard, you can study only the night before the
exam, et cetera; you can do what you deem better to get
prepared for the exam.
What must be clear to you is that the reference for the
exam is the book Libby, 10th version; that slides of only
the 10th version and exercise solutions of only the 10th
version of the book will be made available; that
eConnect access is available for only the 10th version of
the book; that the exercises in the exam will be set and
graded based on the explanation provided only in the
10th version; that eConnect may be useful to improve for
quizzes; that no complains will be accepted based on the
fact that something was explained differently in
precedent versions of the book; that getting a high score
in this exam implies attending the lectures, making
many exercises at home and studying the book.
Stated the above, feel free to do what you want and to
study on the materials you prefer.

Pag. 4 of 14
 II. MATERIALS ON BLACKBOARD

The slides of the course and some related explanatory notes, text and solutions of the review sessions, other
additional exercises and other materials will be regularly downloadable from the course website through
https://blackboard.unibocconi.it
Teachers will make the materials available throughout the course.

III. “WHY MANGO?”

For those students who are also willing to learn and understand, rather than only getting a high grade, in a
separate section of Blackboard, named “Why Mango?” teachers will upload materials (mainly, pieces of
newspapers) which will show how “practical” is Accounting.

Materials included in this section will not be included in the exam.

TEACHING METHODS AND STUDENTS’ RESPONSIBILITIES

30426 is a "basic" course, hence the learning experience is mainly based on face-to-face lectures.

Notwithstanding the above, lessons are interactive, as accounting is a very practical course: real-life cases are
presented during teaching, with the goal of linking the explanation to the “real world of business and accounts”.

• After each set of lectures regarding a certain topic, review sessions are discussed in class: the goal of
the review session consists in showing the students how to approach the preparation of journal entries
and all other tasks concerning Accounting.
• To actively participate to review sessions, students need to use their communication and interpersonal
skills.
• Additional materials (exercises, slides, et cetera) useful to get trained for the exam are posted on
Bboard.

The students’responsibility are the following:

• students’ punctuality is required;

• students must not disturb other colleague students’ learning;
• the course is lecture-oriented but the in-class interaction between students and the instructor is still a
crucial part of an efficient learning experience;
• (strongly recommended) individual preparation of the course material which includes notes, cases and
exercises available on the course website and on McGrawHill web platform. Review sessions shall be
prepared prior to their discussion in class.

ASSESSMENT METHODS
Attending students

The final grade of the course, which is registered in the students’career, is determined as the average of the
exams 30426 and 30427 grade.

All students are graded on a written, comprehensive exam (there are no partial exams), which is based on a mix

Pag. 5 of 14
of open questions, closed questions and exercises, which aims to assess the student’s learning level of the
theoretical notions and the main concepts, methods and tools shared in the course. Final grade is rounded.

The exam is on a 30-point basis. Attending students can receive an additional point by attending the
course (as below detailed). Furthermore, students can get (up to) 7 points by carrying out in class two
quizzes via Blackboard, which will be deployed (i) on lecture # 12 and (ii) on the final lecture of the
course (# 22). These (up to) 7 points are substitutive of one exercise of the exam.

Please, find hereinafter further details about the assessment and grading methods. Please note: additional
further information, formal details and a mock exam will be provided timely on Blackboard.

I. WRITTEN EXAM (valid for both attending and not-attending students)

Students must register to seat for the exam.

At the end of the term, all students have a written exam, which is graded on a 30,00 points basis. The exam,
broadly, may be divided into two sections:

First section: closed-ended questions (Multiple Choice and “fill in the blank” or other types of closed-ended
questions) which is worth approx. 10-14 points aimed at assessing the knowledge and understanding of the
students, as follows:
• Knowledge of the accounting methodology with reference to data gathering, processing, classification.
• Ability to identify the critical elements underlying the application of the double-entry accounting
system.
• Ability to identify and describe the criteria needed to prepare any adjusting entry on an accrual basis.
• Knowledge of the general accounting principles underlying the preparation of the set of financial
statements.
• Ability to summarize and illustrate the theoretical tools needed to evaluate:
- Revenues and receivables.
- Inventories.
- Non-current tangible and intangible assets.
- Liabilities and bonds.

Second section: open-ended questions (journal entries or other types of open-ended questions, id est exercises)
which is worth approx. 16-20 points aimed at assessing the application of the knowledge and understanding of
the students, as follows:
• Ability to use the "accounting equation" and to apply the double-entry accounting system.
• Ability to prepare the periodical and adjusting entries for basic transactions.
• Ability to compose a full set of financial statements on the basis of simple transactions as above listed.
• Ability to analyze, evaluate, calculate and prepare the journal entries related to the following financial
statement items, according to law and to accounting principles:
- Revenues and receivables.
- Inventories.
- Non-current tangible and intangible assets.
- Liabilities and bonds

II. BONUS QUIZZES (valid for both attending and not-attending students)

During the course, 2 "in class" short quizzes are given to the students via BlackBoard. These tests consist of
either (or a combination of) multiple choices and closed-ended questions. They approximately last 10-15
minutes and their main goal is to foster continuous assessment and participation.

Pag. 6 of 14
The release date of the quizzes is scheduled during the following lessons:
• Quiz 1: lesson # 12.
• Quiz 2: lesson # 22.

Solution of the quizzes will not be released. To make the quizzes, the laptop is warmly recommended. It is also
warmly recommended that you set your device installing the “Bocconi-Studenti” WiFi.

It is strictly forbidden to make quizzes outside the classroom. On the abovementioned dates, it is strictly
forbidden to be late and to leave the classroom before the end of the lecture. Cross-checks with the attendance
system will be carried out. Sanctions are applied according to the Honor Code.

Each of the two quizzes is graded between 0,00 and 3,50 points.

At end of the course, points of the two quizzes are added up (if a student is absent on one date of the quiz,
points are zero for that single quiz and total points coincide with points of the single quiz carried out).

By making the quizzes, a student can achieve up to 7,00 points as “bonus quizzes”.

Such (up to) 7,00 “bonus points” give the students the following: on the date of the exam, they are allowed TO
SKIP one exercise (chosen by the instructors) which is automatically graded with the points scored in the
quizzes. In other words, these points are not “in addition to” the grade of the exam, but rather these points are
“SUBSTITUTIVE” of an exercise in the exam which is weighed 7 points.

In light of the above, all students who are happy with their grade achieved in the “bonus quizzes” have an exam
on 23 point basis, as they automatically get a certain, predefined number of “bonus points” in one exercise.
Otherwise, whether a student is unhappy with the points achieved in the “bonus quizzes”, he/she is allowed to
make the exercise in the exam. The grade of the exercise of the exam overrides the points scored in the Bonus
Quizzes.

Please, note: “bonus quizzes” points are considered the ordinary method for grading, and the exercise in the
exam is considered an exception. So, if you are unhappy with the bonus quizzes and you want to make the
exercise of the exam which is graded 7 points instead of maintaining the points scored in the bonus quizzes,
you must tick a dedicated box in the exam and sign it as explicit confirmation that you refuse the grade
obtained in the quizzes.

The “bonus quizzes” may be used in the following exam sessions:

• 13/01/2020
• 04/02/2020
• 14/07/2020
• 25/08/2020

In any possible scenario (absence, failure, withdraw) occurring in one exam session, the “bonus quizzes” is still
valid and still may be used in the subsequent sessions, up to the session dated 25/08/2020 (included).

After 25/08/2020 the bonus quizzes is in any case over.

III. BONUS ATTENDANCE (valid only for attending students)

Attendance of students is assessed through the “Attendance” procedure. To be considered “attending”, students
are required to be present on more than 75% of lessons (at least 17 lectures over 22). An attendance registered
“late” is not valid.

Pag. 7 of 14
If students attend more than 75% of lessons, they achieve a “bonus attendance”.

The “bonus attendance” consists in ADDITIONAL + 1,00 point, which will be added to the points scored in the
“written exam”.

The “bonus attendance” may be used in the following exam sessions:

• 13/01/2020
• 04/02/2020
• 14/07/2020
• 25/08/2020

In case the student is registered at the exam on a certain session (example 13/01/2020), but he does not attend it
(absent), then the “bonus attendance” is still valid and still may be used in the subsequent session (example on
04/02/2020).

In case the student attends the exam on a certain session (example (13/01/2020), and he/she withdraws during
the exam or fails, the bonus is no more usable on the subsequent sessions.

After 25/08/2020 the bonus is in any case over.

Frequently Asked Questions about Grading Method, Quizzes et cetera (“REAL” are real emails received from
students)

QUESTION ANSWER

(REAL) [the student was one lecture late, so he didn’t No answer.

get the Bonus Attendance just for that lecture] The email was forwarded to the Disciplinary
Wow, very polite from you to deny the attendance of a Commission, to assume disciplinary actions according
90 minutes lesson just because of 15 minutes late. And to the Honor Code.
what a pity it is the break-even lesson for the 75% level,
getting me from an abundant 78% to an incovenient
73%.
I guess that's all you have to do to take students their
points away along with that correction.
"Thanks anyway".
(REAL) I am sure I registered to take the exam but I I am really sorry, but no, only students registered can
don’t result to be registered. Can you please allow me to seat for the exam. It is absolutely forbidden.
take the exam although I am not registered to the same?
I don’t understand why I can’t review my answers in the Ask to your instructor and she/he will explain.
bonus quizzes.
I think in question 3 of the Bonus Quizzes today I No. Accuracy is a virtue that shall be awarded.
answered “Cash” but I wanted to answer “Common
Stock” which was the next, so I was wondering if you
could change my answer and so change my grade of the
Bonus Quizzes.
Dear Professor, I was willing to make the Bonus Unfortunately no. It is your responsibility to have a
Quizzes exercise, but my laptop started a Windows laptop ready for work, with no processes ongoing, and
Update and during the release of the quiz the process set properly on Bocconi Studenti WiFi. What would you
was still ongoing. So I would like to know whether I can do if you were asked to make a presentation during a job
make it in another occasion. interview and your laptop didn’t work?
(REAL) I am an attending active member of our Unfortunately no, there are no other chances to get the
Accounting course (more than 75% attendance), still for “bonus quizzes”, as the quiz was scheduled since

Pag. 8 of 14
 an unpleasant upcoming problem I already know I will
not be able to be present for our session 12 next week.
This implies that I will have to skip the quiz. Is there
any way to take the quiz while not present, or taking it
in another class, or any other solution that may come to
your mind?
(REAL) Dear Professor Scarani,
at the end of the month we will be traveling to […] to
give pro-bono consulting and financial literacy classes
to an underdeveloped community. […] because of it, we
will be missing a week of class. Now, we know that
your classes require attendance but we would miss two
classes and were wondering if we could be counted as
attending.
(REAL). I was suggested to ask you whether I can
attend the lectures (hence getting the Bonus Attendance)
also if I don’t personally attend the lectures, but just
connected via a videocall. 1
(REAL) Dear professor, Can I still take the quiz as a
non-attending student if I attend the first time for the
quiz?
(REAL) Dear professor,
I was wondering when the 12th session of the
accounting module 1 class is.
Dear Professor,
On the day of the quiz I scheduled a reunion with my
high school classmates. As I am the organizer of the
event, I can’t miss this party. Is there any possibility to
make the quiz again?
Dear professor,
I am unhappy about the score that I achieved in one of
the two quizzes. Is there any chance to make again one
of the two quizzes?
I honestly do not understand why we make the quiz in
the final lesson prior to the intermediate break whilst it
would make a lot of sense to make it after the
intermediate break.
1
“mi è stato suggerito di scriverle questa email per sapere se fosse possibile partecipare ad una lezione (e quindi
registrarsi all’attendance online) anche se non fisicamente presenti, ma attraverso una videochiamata” (cit.)
Pag. 9 of 14
beginning of the course there are no other dates.
Instead, of course as you are an attending student you
will, if you are present at least 17 sessions over 22 on
time, get the bonus attendance.
"attendance bonus" is achieved being in class at least on
17 lessons over 22.
So you can skip up to 5 lessons and being in any case
considered "attending student" and get the bonus
attendance.
If you "will be missing a week of class" as you said, you
lose 2 lessons so you can get up to 20 lessons over 22
and be considered attending.
NOT AT ALL.
As written above, yes. Bonus quizzes is for all students.
Please keep in mind that you have to attend all the
lecture on the day of the quiz, since beginning and until
the end.
Download the timetable of the lessons and count up to
12.
Unfortunately no, the Syllabus (short version) is online
since May 31st 2019 as the administrative office requires
instructors to upload them on time to avoid any clashing
with personal agendas. So you could read it before
scheduling your High School party.
No, there is no chance to make it. The goal of the
quizzes is to stimulate the continuous learning, so if you
didn’t study enough during the semester unfortunately
you have no chance to make again a quiz.
Dear Student, unfortunately you didn’t understand at all
the rationale of the Bonus Quizzes. The bonus quizzes
is NOT prepared to be substitutive of the intermediate
exam. We perfectly know that, in the two-three days
before the exam, you study 20 hours a day using the
short-term memory and ability of learning. Instead, I
pretend you to study in continuous, to be regular and use
the long-term memory approach.
It’s like when you have to go to the gym: if you go
training 30 minutes every day, you get always more and
more comfortable and your training will be perfect.
Instead, if for three months you never go to the gym
and, once every three months, you start running on the
tapis roulant for three consecutive hours, the best you
can achieve is a heartache.
We want you to be trained, not to have an heartache!
 Dear professor, I did the “Bonus Exercise” in the exam
but I forgot to tick and sign the explicit refusal of the
Bonus Quizzes grade. Can you please grade my exam
and not consider the points achieved in the Bonus
Quizzes?
Dear professor, I did the “Bonus Exercise” in the exam
and signed the explicit refusal of the Bonus Quizzes
grade. Nevertheless, I think I made a mess, so I would
prefer to maintain the points of the Bonus Quizzes
instead of the points of the exercise in the exam. So
please can you avoid grading the Bonus exercise?
Dear professor, I did the “Bonus Exercise” in the exam
and signed the explicit refusal of the Bonus Quizzes
grade. But in the exam I failed. Do I still have the Bonus
Quizzes for next exam session, or the Bonus is now
unusable?
NO, if you didn’t sign the box of the “refusal” of the
Bonus Quizzes grade, then the Bonus exercise will not
be graded although you carried out the solution.
NO, if you sign the box of the “refusal” of the Bonus
Quizzes grade, then the Bonus exercise will be graded
and in this case if you get zero or negative marking
(which is possible) the grade overrides the points of the
Bonus Quizzes.
Differently from the Bonus Attendance, the Bonus
Quizzes is “reloaded” for all the exam sessions so it
doesn’t matter what you did in precedent sessions, what
matters is the decision you assume during the exam.

CLASS TIMETABLE AND ROOM

Students are required to download class timetable and classroom on You@B Agenda, and/or on Bocconi
website: http://www.unibocconi.it (Quick reference for> Current Students > Timetables, Calendars and
Rooms> ClassTimetable).

Please check in continuous the class and room timetable, as it may change during the semester.

CLASS REPRESENTATIVES
Immediately after their election, class representatives are kindly asked to get in touch via email with the Course
Coordinator (luca.scarani@unibocconi.it).
Any initiative of single students who are not class representatives, “on behalf of the class”, is unacceptable.

PAPER SHOW

During the semester, solutions of the quizzes will not be deployed. The grader is a machine, so there is no
chance to make mistakes in grading or adding up the relevant points on the side of the instructor, and if you
make mistakes means that you were not prepared or not careful enough, it’s not because of the grader.

In all exam sessions, multiple choices will be graded using the machine (“AutoGrader”) which reads your
answers and assigns points automatically. Paper show of the exam will not include the multiple choice section,
because the grader is a machine, so there is no chance to make mistakes in grading or adding up the relevant
points on the side of the instructor. If you make mistakes, means that you were not prepared or not careful
enough, it’s not because of the grader.

For the rest of the exam, the office hours specifically dedicated to view the exams corrections will be promptly
communicated. During the paper show, it will be possible to check the exam (except multiple choices) and the
correct grading. During the paper show, instructors are available for clarifications.
Please note: Once the grades related to each exam date are communicated to students, the instructors will set
a special (and unique) office hour for “exam inspection-paper show”. Please, note that INSPECTIONS WILL
NOT BE ALLOWED OUTSIDE THE SINGLE OFFICIAL “EXAM INSPECTION” SESSIONS. NO
EXCEPTIONS WILL BE POSSIBLE.

Pag. 10 of 14
Please note: according to par. 7.9 of the “GUIDES TO THE UNIVERSITY” available online, students are
not allowed to delegate third parties to view their exams papers.

Frequently Asked Questions about Paper Show

QUESTION ANSWER

(REAL) I would like to ask you, when is the exam from 30/05 going to be available on Solutions are not
blackboard? I checked my mistakes today on the paper show and I would like to use the uploaded.
exam as preparation for the upcoming exam on the 19/06.
(REAL) Good afternoon, I am contacting you regarding my result of the general exam No.
in Accounting 1. Go to the paper show.

I would like to know if it would be possible to obtain some feedbacks on my result via
email as it surprised me due to my efforts regarding my studies.
(REAL) Dear Professor, I gave the accounting exam on June 19 and my paper show has No.
been scheduled for 8:00am on July 8. I have another exam at 9:00am on July 8 so I
wanted to request you if I could do my paper show at a different hour/on a different day.
(REAL) Dear Professor, Unfortunately I can’t attend the paper show as I have a No.
mandatory seminar, is it possible to keep my paper aside and see it in a second
moment?
(REAL) Good morning Professor, Sorry for bothering you. ABSOLUTELY NO.
I would to ask if it was possibile to receive the exam as a scanner (pdf), to see which
mistakes I made.
I am asking you this because I am leaving for China for work in few days and I cannot
attend the paper show.
(REAL) I had absolutely no possibility of being at the paper show since it was too early No.
in the morning and there are literally no trains or buses that arrive in Milan at that hour
starting from where I live (3 hours from Milan) even the one that leaves at 5 arrives at
9,30 in sesto san Giovanni and the paper show was on short notice so I couldn’t
organize to stay at somebody’s house, since I no longer have a house in Milan since it is
June. I wanted to have a look at the exam because I really wanted to see what I did
wrong since I am planning to do a master in this subject. Can we reschedule please
another date?

(REAL) Dear professor, According to the rules

stated in Paragraph 7.9
Would it be possible to delegate a friend of mine to look at my exam during the paper of the Guides to the
show that you will have today at 17.00? University available
online, it is forbidden.
(REAL) I attended your accounting course during the past semester. I did the exam in No.
may and I received my mark yesterday. Sadly I will not be able to attend the paper show
tomorrow morning as I am not living in Milan and before knowing about the paper
show I bought a train arriving in Milan on the 13 of June. I tried to anticipate the train
but I was not able to. Would it be possible to postpone the paper show to Friday? I
would really appreciate it as I did not get the grade I was expecting and I would like to
understand the mistakes that I did in the exam.
(REAL) Hello sir, No.
As I am an international student, I am currently in my country and started my
internship, that’s why I will not be able to come to the paper show. I kindly request you
to review my paper again since I’ve got 16. I very much thank you for your help.
Looking forward to hearing from you.

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(REAL) I am writing this email with regards to my accounting grade as I am really No.
disappointed with myself and let down. I am in Dublin at the moment for an internship
for two months and I am unable to come to the paper show. I always use paper shows as
a moment of growth and understanding especially considering that they will be useful
for my future career and exams such as accounting.
I was wondering If there was any other way I can contact you (telephone, Skype, etc.) in
order to discuss my exam as I won’t be able to fly to Milan.

TEACHERS’ OFFICE HOURS

Office hours are available on Bocconi website:
(Quick reference for > Current Students > Timetables, Calendars and Rooms > Faculty Office Hours)
Office hours may change: please check the website.

Please keep in mind that instructors are available throughout the semester for their office hours. Instructors
are not required to answer your questions via e-mail, specially near the date of the exam. In fact, instructors
teach, instructors are not an online Q&A service provider.

Hence if you have questions, teachers will be glad to provide all support needed throughout the semester in the
office hour dedicated.

Please do NOT start asking via email questions, generated by the panic, on the days prior to the exams. These
emails, like any other question throughout the semester which is answered in the Syllabus, will not be replied.

HONOR CODE
Università Bocconi conceives of education as an ongoing process that stretches across a person’s entire
professional life. The University hopes that the entire Bocconi community will respect the values of fairness
and correctness associated with it, values which inspire and guide the conduct of all members as they pursue
common objectives and a shared mission. The University Bocconi Honor code is published at
http://www.unibocconi.eu/honorcode. We encourage all students to read it.

ACCOMMODATIONS FOR STUDENTS WITH SPECIAL NEEDS

Università Bocconi enables students to follow their course of study and to test their learning through
examination arrangements that take under consideration the different kinds of disability. Services for students
with special needs are available at www.unibocconi.it (Home > Services > ISU Bocconi > Other Services >
Services for Students with Special Needs). Please feel free to contact the instructors to receive assistance.

In detail, if a DSA student is entitled to have the 30% additional time for making exams and/or any other
appropriate measure, and the student is willing to get the Bonus Quizzes, then the student is kindly requested
to write in appropriate advance (up to 15 days before the quiz and/or the exam as provided by rules in force)
Help&Contact asking to have 30% additional time during the quizzes; Blackboard will be automatically set to
grant the student the 30% additional time.

Pag. 12 of 14
STUDENTS BELONGING TO PREVIOUS ACADEMIC YEARS
Exam 30426 will be the same for all students, including ones of the students belonging to previous academic
years.

Nevertheless, these students will be assigned to a specific class, and will be allowed to get the bonuses as
explained previously.

Specific issues shall be submitted via Help and Contact.

Detailed information about students belonging to previous academic year will be provided on BlackBoard and
reinforced in class.

OTHER USEFUL INFORMATION

Professors’ offices: Accounting Department, 5th floor, via Roentgen 1.

To check your professor’s e-mail, date and time of office hours, please visit Bocconi website, typing the name
of your professor in the following section:

https://www.unibocconi.eu/  faculty and research  all professors - search

To get in touch with the administrative offices for any bureaucratic need, please use Help&Contact; you will
receive an appropriate reply in short time.

Should you need to discuss about any need personally, Secretariat Office of the Accounting Department (please
refer to Mrs. Lorenza Tullio) is at 5th floor of Roentgen building.

Pag. 13 of 14
 COURSE CONTENTS AND GENERAL SCHEDULE

Dates, timetable and Teachers are indicated, with reference to each specific class, on You@B Agenda.

Please note: THE REVIEW SESSIONS MIGHT BE PLACED DIFFERENTLY FROM CLASS TO CLASS!

Session Book Chapter Lecture Content

1 1 Course presentation and details on its contents and objectives. The F/S and Business decisions.
2 2 Investing and Financing Decision and the Accounting System.
3 2 cont'd.
4 2 cont'd. Exercises.
5 3 Operating Decisions and the Accounting System.
6 3 cont'd. Exercises.
7 4 Adjustments, financial statements and the quality of earnings.
8 4 cont'd. Exercises.
9 1-4 Review Session.
10 6 Reporting and interpreting Sales Revenue, Receivables, and cash.
11 6 cont'd.
12 6 cont'd. Exercises. QUIZ #1.
13 7 Reporting and interpreting Cost of Goods Sold and Inventory
14 7 cont'd.
15 7 cont'd. Exercises.
16 6-7 Review Session.
17 8 Reporting and interpreting Property, Plant and Equipment; intangibles; and natural resources.
18 8 cont'd. Exercises.
19 9 Reporting and interpreting Liabilities.
20 10 Reporting and interpreting Bond Securities.
21 10 cont'd.
22 8 - 10 Review Session. QUIZ #2.

Pag. 14 of 14