The course focuses on the relationship between financial statements and risk management with the aim of putting the students in the condition to evaluate the way that related company decisions are made and presented. This course moves from the idea that financial statements are a mean to communicate the overall state of heath of the company and provide useful information regarding the measurement of different kinds of risks. In this view the purpose of the course is to assist students in analysis the financial of information published by the companies in a way to understand the company prospective in the light of existent specific risks and how they are managed.