SUMMARY DESCRIPTION OF COURSE UNIT This course aims to contribute to the acquisition, understanding and review of knowledge and expertise in tax and corporate accounting matters, by a theoretical and practical approach, allowing the updating and consolidation of knowledge of students. It is intended to highlight the importance of financial information, materialized in financial reporting, economic decision of the various users of financial statements. In this goal, the thematic structure of this course aims to continue the study of the theoretical and practical foundations of accounting, in specific fields, such as: - The audit of the annual accounts and the reliability of accounting information; - The process of financial reporting, materialized in the preparation of financial statements in light of the accounting standard system; - The process of accountability in the sphere Code of Commercial Companies, with particular emphasis on the Management Report. - The process and legal requirements of accountability to shareholders, Tax and Customs Authority and other public entities. In addition they develop the basic concepts of analysis and interpretation of accounting quantities reflected in the financial statements. It is given particular emphasis to the analysis of accounting information on the basis of accrual versus cash basis, especially paw the Cash Flow Statement. The study methodology is based on theoretical and practical, with case studies to appeal.
SKILLS TO BE DEVELOPED At the end of the course, students should be able to: - Understand the accounting information; - Understand the financial information; - Analyze accounts; - Prepare the financial statements provided in the CNS; - Read and interpret the documents substantiating the accountability in Portugal and its legal framework; - Develop the annual report; - Develop other documents of accountability within the HEI; - Develop other documents that comprise the fiscal dossier.
OBJECTIVES AND EXPECTED RESULTS OF LEARNING - Understand accounting as an information system and its usefulness to the economic decision; - Understanding the meaning and scope of accounting information versus financial information: - Prepare and analyze the financial statements of a company; - To grasp the fundamental concepts and procedures of accountability to shareholders; - To grasp the meaning and scope of the Simplified Business Information (IES) and Fiscal Dossier; - To acquire a systematic and holistic view of conceptual and regulatory framework of financial reporting.
Programme
1. Preparatory work prior to the preparation of financial statements 2. Preparation and submission of financial statements 3. Accountability in societies to shareholders 4. Accountability to the Tax and Customs Authority and Other Public Bodies 5. Other financial reporting issues
Main literature
Gonçalves, Cristina e outros;Relato Financeiro - Interpretação e análise, 2ª Edição, Vida Económica, 2013. ISBN: 9789727886579
Porto Editora;SNC - Sistema de Normalização Contabilistica, 6ª Edição, Porto Editora, 2015. ISBN: 978-972-0-01983-7
Supplementary Bibliography
Sá Silva, Eduardo;Gestão Financeira - Exercícios Resolvidos, 2ª Edição, Vida Económica, 2013. ISBN: 9789727886975
Sá Silva, Eduardo; Martins, Carlos;Demonstração dos Fluxos de Caixa, Vida Económica, 2012. ISBN: 9789727885381
Borges, António; Rodrigues, Azevedo; Rodrigues, Rogério;Elementos da Contabilidade Geral - 26ª Edição, Áreas Editora , 2014. ISBN: 9789898058874
Learning Methods
The teaching / learning methodology based on the study of concepts and theoretical foundations of program materials, illustrated by solving case studies. The learning is consolidated through individual study and resolution by the students theoretical and practical exercises. Proceeds to the analysis and economic and financial diagnosis of the company based on published reports and accounts. It also includes the preparation and discussion of group work (study of case studies). In addition to the recommended literature, will be provided to students handouts on the matters to be addressed.
Assessment Components
Avaliação apenas com exame final
Assessment Components
Description
Type
Time (hours)
Conclusion Date
Attendance (estimated)
Lessons
45
Participação Presencial
15
Teste/Exame
5
Trabalho laboratorial ou de campo
10
Trabalho laboratorial ou de campo
15
Study
70
Total:
160
Continuous Assessment
Participation in contact sessions: 5% Written work: 20% 2 Individual written tests: 75%
Under the terms of the Bachelor's Regulation: 1. The actual presence of the students in the classes will be registered and, if the number of absences per student exceeds 30% of the total number of contact sessions provided for each course unit, it will automatically be transferred to the final evaluation of the normal time. 2. In the written tests and in the evaluation elements referred to in points b) to e) of paragraph 2 of Article 38 it is necessary to obtain a minimum grade of 7.5 (seven point five) values. 3. If the student is absent or has a grade lower than 7.5 points in the tests or evaluation elements referred to in the preceding paragraph, he will be automatically transferred to the final evaluation of the normal season. 4. If the student fails to obtain a grade of less than 7.5 points in the second written test (held on the same date as the final written test of the normal time), he / she may apply for evaluation at the time of appeal.
Final Exam
Individual written test: 100%
Demonstration of the coherence between the teaching methodologies and the learning outcomes