This course aims to equip the student of the most important financial tools for the exercise of commercial activity.
OBJECTIVES
This course is intended that students:
Notice the language used by "financial", allowing greater capacity for dialogue with important sectors of the company and the market;
Know interpret the main elements of accounting, including the Balance Sheet and the Income Statement;
Understand the concept of cash flows;
Understand the problem of financial equilibrium;
Determine the financial ratios;
Understand the different sources of financing;
Know which rules on which should be restricted to granting credit;
Know financially evaluate the company.
SKILLS TO DEVELOP
At the end of the course, students should be able to:
Identify the elements that make up the balance sheet and an organization's income statement;
Determine and interpret the main economic and financial ratios;
Understand the different forms of financing;
Know establish a correct credit policy;
Know the main concepts of profitability;
Know establish a system of financial incentives for your sales team.
Programme
1. Corporate Governance 1.1. Definition and rationale 1.2. Agency Theory 1.3. Mechanisms
2. Accounting and Financial Information 2.1. Essential goals 2.2. Main accounting and financial documents: their understanding and analysis 2.2.1. Balance: analysis and description of its elements 2.2.2. Profitability Analysis: analysis and description of the elements that compose 2.3. The issue of financial stability 2.4. The determination of Free Cash Flow
3. Analysis of Ratios 3.1. Introduction 3.2. Ratios of activity 3.3. Ratios of profitability 3.4. Operating Ratios 3.5. Ratios of indebtedness and liquidity
5. Evaluation of companies 5.1. Introduction 5.2. Methods based on the organization's performance 5.2.1. Method of dividends 5.2.2. Method of discounted Free Cash Flows 5.2.3. Economic Method vaue Added and Market Value Added 5.2.4. Adjusted Present Value 5.3. Equity methods 5.4. Dualistic method 5.5. Evaluation method by comparing 5.6. Mean method of the remaining models
Main literature
Vieito, João Paulo & Maquieira, Carlos;Finanças: Teoria e Prática, Escolar Editora, 2013
Esperança, José Paulo e Matias, Fernanda;Finanças Empresariais, Textos Editores, 2009
Silva, Eduardo Sá;Gestão Financeira ¿ Análise de Fluxos Financeiros, Vida Económica, 2013
Learning Methods
Methodologies:
The methodology of teaching and learning takes place in a context of theoretical and practical lessons that enable students, based on the presentation of various case studies, a better assimilation of the syllabus exposed. Whenever possible, and the subject makes it advisable, it will be used computers to teach students to develop financial models that in the future will be helpful for them to develop their own professional activity.
Assessment Components
Avaliação apenas com exame final
Assessment Components
Description
Type
Time (hours)
Conclusion Date
Attendance (estimated)
Lessons
45
Teste/Exame
4
Trabalho laboratorial ou de campo
30
Study
71
Trabalho laboratorial ou de campo
10
Total:
160
Continuous Assessment
Elements of Continuous Assessment: Group work: 40% Two test: 30% each test.