This curricular unit is to sequence and deepens the approaches and concepts carried out in Business Accounting I, focusing on investments and end-of-period work and presentation of accounts.
OBJECTIVES AND EXPECTED RESULTS OF LEARNING
a) To know the fundamental concepts and the structure of the accounting standards b) To know the accounting standardization system c) Carry out accounting records d) Identify the fundamental pieces of accounting information for business management
SKILLS TO DEVELOP
a) Understanding the importance of accounting information for the corporate manager tasks. b) Mastering the essential concepts as regards the economic and financial reality of an economic unit, namely how to deal with facts and changes in assets. c) Acquiring experience on how to analyze and classify the economic and financial operations of an organization in terms of accounting clearance, i.e. in the classification of phenomena and their accounting treatment. d) Understanding the content of the accounting information, namely in terms of the disclosure of the assets.
Programme
Chapter I. Investments
Financial investments
Properties and plants
Tangible fixed assets
Intangible assets
Investment in progress
Non-current assets held for sale
Chapter II.
Other liabilities, contingent liabilities and contingent assets
Income tax: current and deferred
Recognition, measurement of provisions
Disclosure of contingent liabilities and contingent assets
Chapter III. End-of-year work
Current and year-end accounting work
Regularization of accounts and rectified balance sheet
Income statement and final balance sheet
Demonstration of the syllabus coherence with the curricular unit's learning objectives
The proposed program allows students to acquire knowledge and develop the competences provided for in the objectives, insofar as the proposed topics aim to make known the fundamental concepts and structure of the accounting regulations, to know the system of accounting standardization, to carry out records of accounting relief and identify the key pieces of accounting information for business management.
Main literature
João Rodrigues;Sistema de Normalização Contabilística Explicado, Porto Editora, 2016. ISBN: 978-972-0-00032-3
António Borges, Rogério Rodrigues e José Azevedo Rodrigues ;Elementos de Contabilidade Geral, Áreas Editora, 2014. ISBN: 9789898058874
Supplementary Bibliography
Ana Maria Rodrigues, Carla Carvalho, Domingos Cravo, Graça Azevedo;SNC - Contabilidade Financeira: Sua aplicação, Almedina , 2011. ISBN: 9789724046280
João Manuel Lopes Gomes e Jorge Manuel Rodrigues Pires;Sistema de Normalização Contabilistica Teoria e Prática - 5ª edição, , Vida Económica, 2015. ISBN: 9789897680779
Learning Methods
Theoretical-practical classes; in addition to the presentation of the syllabus, classes will include presentation and discussion of practical cases, based on supporting texts on the previously discussed subjects and other bibliographic elements to be indicated for this purpose.
Assessment Components
Avaliação distribuída com exame final
Assessment Components
Description
Type
Time (hours)
Conclusion Date
Attendance (estimated)
Lessons
45
Teste/Exame
3
Study
12
Study
100
Total:
160
Continuous Assessment
2 tests: 40% each.
1 mini test (resolution in e-learning context): 20%.
Under the terms of the Bachelor's Regulation:
1. The students' attendance in classes will be recorded and, if the number of absences per student exceeds 30% of the total number of lessons scheduled for each course unit, the student will be automatically transferred to the final evaluation (regular season).
2. In the written tests and other assessment elements mentioned in paragraph 2 of Art. 39 it is necessary to obtain a minimum grade of 7.5 (seven point five) points.
3. If the student misses a test or receives a grade lower than 7.5 points in the tests or in another assessment element mentioned in the previous number, the student will be automatically transferred to the final evaluation (regular season).
4. If the student misses or obtains less than 7.5 in the second written test, held in the same date of the final exam in the regular season, they may apply for further evaluation in the Appeal season.
Final Exam
Individual written test with the weighting of 100%.
Demonstration of the coherence between the teaching methodologies and the learning outcomes
The methodologies considered have in consideration the curricular unit.
During the sessions, students are encouraged to complement the theoretical knowledge taught with the resolution of exercises.