| Educational guide Faculty of Business and Economics |
english |
| Bachelor's Degree in Business Administration and Management (2009) |
 Subjects |
| INTRODUCTION TO ACCOUNTING |
| Contents |
| IDENTIFYING DATA | 2023_24 |
| Subject | INTRODUCTION TO ACCOUNTING | Code | 16214001 | |||||
| Study programme |
|
Cycle | 1st | |||||
| Descriptors | Credits | Type | Year | Period | ||||
| 6 | Basic Course | First | 1Q |
|||||
| Competences | Learning outcomes | Contents |
| Planning | Methodologies | Personalized attention |
| Assessment | Sources of information | Recommendations |
| Topic | Sub-topic |
| ITEM 1. ACCOUNTING AND INFORMATION SYSTEMS | 1. Accounting: Concept and objectives 2. Division of business accounting 3. Users of accounting information 4. Financial accounting |
| ITEM 2. EQUITY AND THE ACCOUNTING METHOD | 1. The assets of the company 1.1. Concept 1.2. Patrimonial elements and patrimonial masses 1.3. The general ledger as an expression of equity balance 2. Accounting representation instruments 2.1 The account as an accounting representation instrument 2.1.1 Account concept and structure 2.1.2 Account Terminology 2.1.3 Debit and credit convention 2.2 Accounting journal entry as a formal representation of an accounting transaction. 3. The accounting method: Double-entry bookeping system |
| ITEM 3. THE ACCOUNTING CYCLE | 1. Concept and steps of the accounting period 2. Initial or opening phase 3. Development phase 4. Completion or end phase: 4.1 Regularization of values 4.2 Determination of the period's result 4.3 Closing Journal entry 5. Tax cycle: Value Added Tax, tax withholdings and Corporation tax. |
| ITEM 4. ACCOUNTING LEGISLATIVE DEVELOPMENT | 1. The accounting legislative development in Spain 2. General Accounting Plan: Structure 3. Preparation of annual financial statements: Initial and final balance sheet 4. Legal invoicing requirements. |
| ITEM 5. PURCHASES AND SALES of goods and services | 1. Concept, valuation and accounting records of PURCHASES 2. Stock adjustment 3. Speculative procedure for purchases of goods 3.1. Splitting of purchases and sales of goods 3.2. Comparison with the administrative procedure 4. Impairment of inventories 5. Valuation and registration of SALES: Classification by nature |
| ITEM 6. CREDITORS AND DEBTORS FOR COMMERCIAL TRANSACTIONS | 1. Concept and classification of commercial financial instruments 1.1. Receivable 1.2. Payable 2. Valuation of commercial financial instruments 3. Customers: 3.1. Invoice, Credit Note, Delivery Note, and customer advances 3.2. Receivable management 3.3. Doubtful Receivable and value adjustments 3.3.1. Overall estimation 3.3.2. Individual estimation 4. Suppliers: 4.1. Invoice, Payment Note, Delivery Note, and advances to suppliers 4.2. Natural persons: invoices with income tax withholdings |
| ITEM 7. INCOME AND EXPENDITURE: DETERMINATION OF THE PROFIT | 1. Income 1.1. Net Income 1.2. Change in stocks of finished and in-progress products 1.3. Other operating income 2. Expenditure 2.1. Provisioning 2.2. Personnel 2.3. Other operating expenses 3. Accounting closing operations 3.1. Accrual of income and expenditure 3.2. Regularization and deterioration of values 4. Determination of the accounting profit |
