How to find us
|
Contacts

Financial Accounting 2017/2018

  • 5 ECTS
  • Taught in Portuguese
  • Both continuous and final Assessment

Objectives

In a perspective of continuity of General Accounting, this unit aims to deepen the concepts, tools and techniques of financial accounting underlying the preparation and disclosure of accounting information following the national Accounting Standards (SNC- Sistema de Normalização Contabilística). Particularly, upon successful completion of this curricular unit, the student should be able to:
1. Know, understand and record the major forms of investment and corporate finance;
2. Know the taxing framework underlying income tax in the business context, while handling it from an accounting perspective;
3. Know, understand and develop the main operations underlying accountability to the various stakeholders;
4. Analyze business situations with a view to identifying and recording all necessary regularizations, as well as to performing the accounting year-end closure.

Recommended Prerequisites

General Accounting

Teaching Metodology

Theoretical and practical methodology in order to promote the active learning of students by means of demonstration:
- Before each class is taught, students are provided (through the Moodle e-learning platform) with the underlying material so they come to the lesson having got previously acquainted with the topics;
- While at class, the lecturer provides a theoretical explanation of the topics, based on cases that simulate the accounting related problems, thereby promoting a natural fusion between theory and practice.
In the context of self-study, students are asked to solve an additional set of exercises selected by the teacher.
The described methodology is complemented by practice with Primavera software.

Body of Work

1. Capital, Reserves and Retained Earnings
2. Income Tax
3. Impairment
4. Provisions, Contingent Liabilities and Contingent Assets
5. Year-End Operations
6. Financial Investments

Recommended Bibliography

Borges, A., Rodrigues, A., e Rodrigues, R. (2014). Elementos de Contabilidade Geral. 26ª Edição. Áreas Editora.

Costa, C.B. & Alves, G.C. (2013). Contabilidade Financeira (8ª edição). Lisboa: Rei dos Livros.

Gonçalves, C., Santos, D., Rodrigo, J. & Fernandes, S. (2015). Contabilidade Financeira Explicada- Manual Prático. Vida Económica.

Comissão de Normalização Contabilística, disponível em http://www.cnc.min-financas.pt

Material facultado pela docente.

Complementary Bibliography

Cravo, D., Grenha, C., Batista, L. & Pontes, S. (2009). SNC Comentado. Lisboa: Texto Editores.

Monteiro, S. M.S. (2013). Manual de Contabilidade Financeira. Porto: Grupo Editorial Vida Económica.

Rodrigues, João (2010). Sistema de Normalização Contabilística Explicado. Porto Editora.

Weekly Planning

1 Introduction of Lecturer and Unit /Capital, Reserves and Retained Earnings
2 Capital, Reserves and Retained Earnings
3 Capital, Reserves and Retained Earnings
4 Capital, Reserves and Retained Earnings
5 Corporate Tax
6 Corporate Tax
7 Impairment
8 Provisions, Contingent Liabilities and Contingent Assets
9 Year-End Operations
10 Year-End Operations
11 Year-End Operations
12 Year-End Operations
13 Year-End Operations
14 Financial Investments
15 Financial Investments

Demonstration of the syllabus coherence with the curricular unit's objectives

The syllabus of the course is tailored to meet its objectives, being developed in accordance with the desired learning progress. In particular, objective 1 (“Know, understand and record the major forms of investment and corporate finance”) is promoted by sections 1 and 2 in the syllabus (1. Capital, Reserves and Retained Earnings; 6. Financial Investments). Objective 2 (“Know the taxing framework underlying income tax in the business context, while handling it from an accounting perspective”) relates to section 2 (Income Tax). Last but not least, the two syllabus points (4. Accruals and Deferrals; 5. Year-end Operations) allow achieving both the third and fourth learning objectives concerning the year-end and accountability.

Demonstration of the teaching methodologies coherence with the curricular unit's objectives

Given the prominently quantitative and technical nature of the course, all learning objectives are pursued through a methodology of theoretical and practical teaching. Thus, for all the points included in the syllabus, while at class the lecturer provides a theoretical explanation of the topics, invariably based upon relevant practical examples. Emphasis is placed on analysis / resolution of myriad examples at class due to the excellent opportunity they provide for illustration of the theoretical postulates. Students are further assigned exercises for self-study, in order to consolidate knowledge. The upfront access to the classes underlying material allows students to come to lessons having got previously acquainted with the topics, bringing in matured questions that are positively welcomed and clarified during class time. The last learning objective (performing the accounting year-end closure) is also promoted by practice with Primavera Software.

relevant generic skillimproved?assessed?
Achieving practical application of theoretical knowledgeYesYes
Adapting to new situationsYesYes
Analytical and synthetic skillsYesYes
Bargaining abilityYesYes
Commitment to effectivenessYesYes
Ethical and responsible behaviourYes 
Information and learning managementYesYes
Problem Analysis and AssessmentYesYes
Problem-solvingYesYes
Research skillsYes 
Written and verbal communications skillsYes 
This website uses cookies to provide better functionality and for performance measurements (European Union Directive 2009/136/EC)
Please take a few minutes do answer a few quick questions about our website.