ACCOUNTING 2
Course coordinator : Carlos RAMIREZ (Associate professor, HEC Paris)
Presentation
Accounting and financial data are one of the main corporate information channels. While it is the
accountant's job to compile this information, being able to read and interpret it is one of the basic skills
that any company employee must have, whatever his or her position. It is essential to be able to
understand the financial situation of one's customers, suppliers, or even one's employer or potential
employer. This course is designed to help students gain an in-depth knowledge of the accounting and
financial information produced by single companies or groups (consolidated accounts): this
information may be produced on a recurring basis (annual accounts) or be specific to certain financial
operations (increase in capital, mergers, takeover bids, public offers of exchange, etc.).
Teaching objectives
Reading and understanding the accounting and financial information published by companies.
Identifying the accounting consequences of corporate decisions.
Clarifying the role of those involved in the production of accounting information (top
managers, accountants, auditors, etc.) as well as situating this production in its technical, legal
and economic environment.
Timing
18 hours
Course content
Introduction & revision
Accounting policies & their impact on financial reporting
Consolidation
Capital structure
Published financial statements
Teaching methods
Study of accounting issues relating to the subject in question
Exercises
Analysis of published statements
Prerequisites
This course builds on the basic concepts learned in the 1st year (accounting, finance, taxation, law).
Grading
For each session, students are required to prepare assigned exercises and/or an analysis of financial
statements.
The course is assessed on the basis of two exams, one final on the entire course and one intermediary
on consolidated accounts.