Competencies and objectives


Course context for academic year 2022-23

This course is the second of three financial accounting courses which provides a comprehensive study of financial accounting theory and financial accounting reporting. The course will concentrate on the foundations of financial accounting and include an in-depth study of generally accepted accounting principles and concepts. Emphasis will be on a deeper understanding of property, plant and equipment, intangible assets and financial instruments.

The main objective of the course is to study in depth the rules for compiling the financial information reflected in the financial statements SO that they may become a useful tool for decision-making in business. In order to achieve this, students must dominate the methodological foundations of Accounting, the tools of technical accounting and elementary measurement standards.
In general, the course of Financial Accounting II focuses on requirements, mandatory accounting information and accounting principles which are enshrined in the plan, and the criteria and standards as required for the accounting major economic events that occur frequently and which are reviewed during the companies accounting year.

The subject of Financial Accounting II helps to provide students with a detailed knowledge of the various assets and liabilities of the companies, also analyzing individual economic facts. Therefore, it will provide students with a broad knowledge of accounting standards developed by the General Accounting Plan.

Therefore, we do not intend to cover all possibilities of the General Accounting Plan, but to bring introducestudents with depth and rigor the Spanish accounting context.



Course content (verified by ANECA in official undergraduate and Master’s degrees)

General Competences (CG)

  • CG4 : Apply professional criteria based on using technical instruments to analyse problems.
  • CG6 : Obtain important information that is impossible for non-professionals to recognise from the data.


Specific Competences (CE)

  • CE2 : Integrate oneself in any functional area of a small, medium or large company or organisation and carry out all the management tasks involved without problems.




Learning outcomes (Training objectives)

No data



Specific objectives stated by the academic staff for academic year 2022-23

To Know and apply the assets’ accounting standards that make up the economic structure of the company (General Accounting Plan (PGC) and PGC SMEs accounting standards and the resolutions of the ICAC when they were needed. Know and apply the accounting rules relating to the registration of tax benefits.




Code: 22016
Lecturer responsible:
Credits ECTS: 6,00
Theoretical credits: 1,50
Practical credits: 0,90
Distance-base hours: 3,60

Departments involved

    Theoretical credits: 1,5
    Practical credits: 0,9
    This Dept. is responsible for the course.
    This Dept. is responsible for the final mark record.

Study programmes where this course is taught