Universidad de Jaén

Unit 1: Introduction to financial instruments. Cash, short-term investments and receivables. 

1.1. Definition of financial instrument. 

1.2. Accounting for cash. 

1.3. Trade receivables.

1.4. Valuation of trade receivables. 

1.5. Trade bills. 

1.6. Impairment of trade receivables. 

Unit 2: Non-trade financial instruments. 

2.1. Definition, types and valuation criteria. 

2.2. Collection rights from financial loans. 

2.3. Held-to-maturity investments. 

2.4. Financial assets held for trading

2.5. Equity investments in group companies, jointly controlled entities and associates

Unit 3: Inventories

3.1. Definition and economic role of inventories

3.2. Valuation of inventories

3.3. Accounting matters of inventories

3.4. Impairments

3.5. Packaging materials. 

Unit 4: Non-current assets: Plant, property and equipment (PPE) and intangible assets. 

4.1. Definition, economic role and classification of non-current assets. 

4.2. Definition, economic role and classification of intangible assets. 

4.3. Valuation of PPE and intangible assets. Depreciation, amortization and Impairments. 

4.4. Investment property. 

4.5. Leasing and similar operations. 

Unit 5: Current liabilities

5.1. Definition of current liabilities

5.2. Valuation of current liabilities

5.3. Trade and non-trade current liabilites. 

5.4. Provisions and contingencies. 

Unit 6: The Value Added Tax (VAT). 

6.1. Concept, operations and tax rates. 

6.2. Input and output VAT. 

6.3. Accounts in the Spanish General Accounting Plan. 

6.4. VAT in trade operations. 

6.5. VAT in fixed-assets operations. 

6.6. Settlement of VAT. 

6.7. Intra-EU purchases. 

6.8. Import and export operations. 

Unit 7: Foreign currencies. 

7.1. Operations in currencies different from euros. 

7.2. Monetary items. 

7.3. Non-monetary items valued using historical cost. 

7.4. Non-monetary items valued using fair value. 

Unit 8: Equity and net income. Financial statements. 

8.1. Definition and components of total equity. 

8.2. Accounts for registering total equity. 

8.3. Period net income. Revenues and expenses recognised in Profit and Loss account. 

8.4. Income tax. 

8.5. Financial statements. 

Theory classes will be exposed by the teacher in an interactive way with the students. Teacher will use powerpoint slides, as well as the blackboard for explaining the content of this subject. 

In practice classes, the student is expected to be participative. They will consist on the solving of several practical problems for each one of the units of the subject. 

Students with special educational needs should contact the Student Attention Service (Servicio de Atención y Ayudas al Estudiante) in order to receive the appropriate academic support

The evaluation method is based on the following:

1. The evaluation method will allow the gathering of enough information for evaluating if the student has reached the learning goals defined for the subject. 
2. In order to pass the course, the student must reach, at least, the 30% of the maximum mark for both the theory and the practice parts of the exam. 
3. Those students that do not attend to the final exam will get a "No Show" grade. 
4. Those students that do not attend to any of the official exams will loose one of the opportunities for passing the subject.