Module I – Corporate Accounting
The corporate operations concerning equity, examined during the course, are those that increase and reduce corporate share capital, allocations of profit, coverage losses, purchase of own shares. The establishment and liquidation of a company, the various kinds of share capital, reserves of equity, the statement of changes in equity, and the business acquisitions are analyzed in the course. The corporate operations concerning share capital and reserves are examined, highlighting accounting aspects and financial statements.
Module II - Auditing
This module deals with the evolution of Audit in Italy in reference to the Company Law and other regulations, the influence of the European Directives and the International Standards on Auditing, the role played by the Italian Stock Exchange Commission (CONSOB) and the Auditing Standards Commission.
The second part presents the aspects of an audit engagement conducted in compliance with International Standards on Audit. The purpose of this part is to provide the basis of the Audit process, focusing on the role of the independent auditor, the planning of an Audit of Financial Statements, the identification of the Audit risks, the concept of materiality, the Audit procedures and evidences, and the different opinions in the Independent Auditor’s Report.