Company Accountancy and Accountancy Regulation
Code: 102103 ECTS Credits: 6| Degree | Type | Year | Semester |
|---|---|---|---|
| 2501231 Accounting and Finance | OT | 4 | 0 |
Contact
- Name:
- Maria Isabel Lara Serrano
- Email:
- MariaIsabel.Lara@uab.cat
Use of Languages
- Principal working language:
- catalan (cat)
- Some groups entirely in English:
- No
- Some groups entirely in Catalan:
- Yes
- Some groups entirely in Spanish:
- Yes
Teachers
- Jordi Ballonga Xaver
- Maria Isabel Lara Serrano
Prerequisites
It is recommended to have done the previous courses: Introduction to accounting, Financial Accounting I and Financial Accounting II.
Objectives and Contextualisation
The study of registration of most important operations of business entities' life.
Competences
- Analysing, summarising and assessing information.
- Demonstrating a comprehension of the different legal, control and solvency standards issued by regulatory bodies affecting the several analysed accounting or financial processes.
- Organising the work, regarding order and planning.
- Students must develop the necessary learning skills to undertake further training with a high degree of autonomy.
Learning Outcomes
- Analysing, summarising and assessing information.
- Describing the solvency regulations and guarantees of the activity of various financial intermediary activities.
- Organising the work, regarding order and planning.
- Prepare financial statements and reports for accounting, fiscal, financial and organizational purposes.
- Students must develop the necessary learning skills to undertake further training with a high degree of autonomy.
- Use the different criteria for registration and valuation established in the accounting rules.
Content
UNIT 1. BUSINESS ENTITIES' ACCOUNTING
Concept of business entities.
Types of business entities.
Business entities accounting.
UNIT 2. PUBLIC LIMITED COMPANY (I): INTRODUCTION
Concept and characteristics.
Share: types, rights, obligations, valuation and registration.
Shares capital regulation and guarantee measures; registration.
UNIT 3. PUBLIC LIMITED COMPANY (II): CONSTITUTION AND CONTRIBUTIONS
Founding systems: simultaneous and successful.
Money and non-monetary contributions.
Accounting of the constitution.
Accounting of non-monetary contributions.
Accounting of defaulted shareholders.
UNIT 4. PUBLIC LIMITED COMPANY (III): INCREASES OF SHARE CAPITAL
Introduction and regulations.
Issue premium and subscription right.
Procedures for increases in share capital; new contributions, absorption, capitalization of liabilities, conversion of obligations and capitalization of reserves.
The authorized capital.
UNIT 5. PUBLIC LIMITED COMPANY (IV): REDUCTIONS OF SHARE CAPITAL
Legal requirements and Creditors opposition right.
Procedures for reducing share capital and registration; return of contributions, forgiving of passive dividends, increase of the legal reserve and sanitation of losses.
Capital amortization.
UNIT 6. PUBLIC LIMITED COMPANY (VII): DISSOLUTION AND LIQUIDATION
Dissolution: introduction and concepts.
Dissolution regulation.
Causes of dissolution.
Liquidation of the business entity: accounting registration process and allocation ofthe resulting amount.
UNIT 7. PUBLIC LIMITED COMPANY (VIII): MERGES AND DEMERGES
Concept and type.
Legal requirements.
Economic issue.
Accounting issue.
Demerges of the public limited company.
UNIT 8. PUBLIC LIMITED COMPANY (IX): OWN SHARES
Introduction and legal requirement.
Own shares registration.
Legal regime of own shares.
UNIT 9. PRIVATE LIMITED COMPANY
Comparative analysis of the accounting aspects analyzed in public limited companies with respect to private limited companies: contributions, the share capital modifications, liquidation and merger.
Methodology
“Teaching will be offered on campus or in an on-campus and remote hybrid format depending on the number of students per group and the size of the rooms at 50% capacity.”
The learning methodology is a combination of three types of activities:
- Directed activity: theoretical sessions, practical and resolution of exercises sessions.
- Supervised activity: tutorials.
- Autonomous activity: This is the part of the student's self study (readings, search for information, etc.). It also includes to do exercises and cases and group work activity. ç
"The proposed teaching methodology may undergo some modifications according to the restrictions imposed by the health authorities on on-campus courses".
Activities
| Title | Hours | ECTS | Learning Outcomes |
|---|---|---|---|
| Type: Directed | |||
| Teaching room | 14 | 0.56 | 1, 4, 6, 3 |
| Theoretical sessions | 32 | 1.28 | 1, 4, 6 |
| Type: Supervised | |||
| Tutorials | 17.5 | 0.7 | 1, 4, 6 |
| Type: Autonomous | |||
| Exercises and cases | 20 | 0.8 | 1, 6, 3 |
| Search for information | 10 | 0.4 | 1, 3 |
| Study | 53 | 2.12 | 1, 6, 3 |
Assessment
The evaluation has 3 different activities:
1. Attendance and classroom participation, which includes the delivery of exercices.
2. Team work on a selected topic of the course.
3. Partial exam and final exam of one or several subjects of the course.
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“All students are required to perform the evaluation activities. If the student's grade is 5 or higher, the student passes the course and it cannot be subject to further evaluation. If the student grade is less than 3.5, the student will have to repeat the course the following year. Students who have obtained a grade that is equal to or greater than 3.5 and less than 5 can take a second chance exam. The lecturers will decide the type of the second chance exam. When the second exam grade is greater than 5, the final grade will be a PASS with a maximum numerical grade of 5. When the second exam grade is less than 5, the final grade will be a FAIL with a numerical grade equal to the grade achieved in the course grade (not the second chance exam grade).
A student who does not perform any evaluative task is considered “not evaluable”, therefore, a student who performs a continuous assessment component can no longer be qualified with a "not evaluable".”
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Calendar of evaluation activities
The dates of the evaluation activities (midterm exams, exercises in the classroom, assignments, ...) will be announced well in advance during the semester.
The date of the final exam is scheduled in the assessment calendar of the Faculty.
"The dates of evaluation activities cannot be modified, unless there is an exceptional and duly justified reason why an evaluation activity cannot be carried out. In this case, the degree coordinator will contact both the teaching staff and the affected student, and a new date will be scheduled within the same academic period to make up for the missed evaluation activity." Section 1 of Article 115. Calendar of evaluation activities (Academic Regulations UAB). Students of the Faculty of Economics and Business, who in accordance with the previous paragraph need to change an evaluation activity date must process the request by filling out an Application for exams' reschedulehttps://eformularis.uab.cat/group/deganat_feie/application-for-exams-reschedule
Grade revision process
After all grading activities have ended, students will be informed of the date and way in which the course grades will be published. Students will be also be informed of the procedure, place, date and time of grade revision following University regulations.
Retake Process
"To be eligible to participate in the retake process, it is required for students to have been previously been evaluated for at least two thirds of the total evaluation activities of the subject."Section 3 of Article 112 ter. The recovery (UAB Academic Regulations). Additionally, it is required that the student to have achieved an average grade of the subject between 3.5 and 4.9.
The date of the retake exam will be posted in the calendar of evaluation activities of the Faculty. Students who take this exam and pass, will get a grade of 5 for the subject. If the student does not pass the retake, the grade will remain unchanged, and hence, student will fail thecourse.
Irregularities in evaluation activities
In spite of other disciplinary measures deemed appropriate, and in accordance with current academic regulations, "in the case that the student makes any irregularity that could lead to a significant variation in the grade of an evaluation activity, it will be graded with a 0, regardless of the disciplinary process that can be instructed. In case of various irregularities occur in the evaluation of the same subject, the final grade of this subject will be0". Section 10 of Article 116. Results of the evaluation. (UAB Academic Regulations).
"The proposed evaluation activities may undergo some changes according to the restrictions imposed by the health authorities on on-campus courses."
Assessment Activities
| Title | Weighting | Hours | ECTS | Learning Outcomes |
|---|---|---|---|---|
| Attendance and classroom participation | 10% | 0 | 0 | 1, 4, 6 |
| Final exam | 45% | 1.5 | 0.06 | 1, 2, 4, 6, 3, 5 |
| Group work | 15% | 0.5 | 0.02 | 1, 4, 6, 3 |
| Middle term exam | 30% | 1.5 | 0.06 | 1, 4, 6, 3 |
Bibliography
BASIC BIBLIOGRAPHY
Olías de Lima Heras, Rosa y Torvisco Manchón, Beatriz (2017), Fundamentos de contabilidad de sociedades, Madrid: Piràmide, 4a. edición
Plan General de Contabilidad (PGC), Real Decreto 1514/2007, de 16 de noviembre.
Plan General de Contabilidad PYMES, Real Decreto 1515/2007, de 16 de noviembre.
Real Decreto 1/2010, de 2 de julio, texto refundido de la Ley de Sociedades de Capital.
Real Decreto 1159/2010, de 24 de septiembre, Combinación de negocios.
http://www.icac.meh.es/Normativa/Contabilidad/Nacional/nacional.aspx
COMPLEMENTARY BIBLIOGRAPHY
Besteiro Varela, María Avelina (2012), Contabilidad de sociedades, Madrid: Piràmide.
ONLINE RESOURCES
Associació Catalana de Comptabilitat i Direcció: http://www.accid.org/
Asociación Española de Contabilidad y Administración de Empresas (AECA): http://www.aeca.es/
Comisión Nacional del Mercado de Valores: http://www.cnmv.es
Instituto de Contabilidad y Auditoría de Cuentas (ICAC): http://www.icac.meh.es/
Registre Mercantil: http://www.registradores.org
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