Banks' financial statements and analysis (2019/2020)

Course code
4S01774
Name of lecturer
Lorenzo Faccincani
Coordinator
Lorenzo Faccincani
Number of ECTS credits allocated
6
Academic sector
SECS-P/11 - FINANCIAL MARKETS AND INSTITUTIONS
Language of instruction
Italian
Period
primo semestre magistrali dal Sep 30, 2019 al Dec 20, 2019.

Lesson timetable

Go to lesson schedule

Learning outcomes

The course aims to provide a clear understanding of the structure and peculiarities of the bank balance sheet, according to the International Accounting Principles.
Bank financial performance and risk analysis will also be examined, on the basis of accounting and risk adjusted measures. Finally there will be a focus on Internal Control Systems, from the perspective of sound and prudent management keeping also into account the supervisory regulations of the Bank of Italy.

Syllabus

The individual and consolidated financial statements of the bank. The schemes provided for by Bank of Italy Circular 262/2005.
The accounting of the main operating situations, with a focus on following international accounting standards:
- IFRS 9 (Financial instruments);
- IAS 16 (Property, Plant and Equipment) and IAS 38 (Intangible assets);
- IAS 36 (Impairment test);
- IAS 37 (Provisions, contingent liabilities and contingent assets);
- IAS 12 (Income Taxes).
The representation of the risks of banking management in the Notes to the financial statement.
The main profiles of the bank performance through the analysis of the financial statements and the Risk Adjusted Performance Measures (RAPM).
The Pillar III disclosure report.
The disclosure of non-financial information according to Legislative Decree 254/2016.
The peculiarities of the evaluation methodologies of banks.

Teaching will be developed through lectures aimed at facilitating the understanding and interpretation of theoretical concepts.

Reference material
M. Rutigliano (edited by), Egea, Milan, 2016, with reference to the following chapters: 2, 7, 8, 10, 12 (limited to paragraphs 12.3 to 12.4.1 ) 13, 15 and 22.
Students must also prepare the material reported in the elearning page of the course.

Reference books
Author Title Publisher Year ISBN Note
Michele Rutigliano (a cura di) Il bilancio della banca e degli altri intermediari finanziari (Edizione 1) EGEA, Milano 2016 9788823834880

Assessment methods and criteria

The exam is written. It consists in 3 questions (open theoretical questions and exercises to be solved by providing a commentary to the obtained results) that propose to verify the knowledge acquired by the Student, included his ability to analyze and evaluate the performance of a bank. The duration of the test is equal to two hours.
On the e-learning platform all exam topics will be made available immediately after the appeals have been held.
Finally, the exams are the same for attending and non-attending Students.