Financial Accounting II

Scholar Year: 2018/2019 - 2S

Courses

Head Teacher Responsability Susana Maria Teixeira da Silva Head

Weekly workload Hours/week T TP P PL L TC E OT OT/PL TPL O S Type of classes 2 2 Lectures Type Teacher Classes Hours Theoretical Totals 1 2,00 Sónia Fernandes   2,00 Practices Totals 2 4,00 Carla Picaró   4,00

Teaching language

Portuguese

Intended learning outcomes (Knowledges, skills and competencies to be developed by the students)

- Depth study of some SNC classes and accounts.
- Understand the basis for presenting financial statements.
- Analyze the specific nature of discounts, 1 CASH ADVANCES FROM CUSTOMERS AND TO SUPPLIERS and the
use of VAT ON INTRA-COMMUNITY TRADE.
- Understand the issue of INTANGIBLE ASSETS, IMPAIRMENT OF ASSETS and PROVISIONS, CONTINGENT
LIABILITIES AND CONTINGENT ASSETS.
- Establish a framework for BOND LOANS IN EXTERNAL FINANCING TRANSACTIONS
- Perform accounting records in conformity with the accounting principles.
- Establish a cash flow statement
- Relate the themes that underline the financial statements.

Syllabus

PROGRAMME STRUCTURE

1. ACCOUNTING TREATMENT OF SPECIFIC TRANSACTIONS WITH THIRD
1.1 DISCOUNTS AND REBATES
1.2 PROMPT PAYMENT DISCOUNTS
1.3 RETURNS
1.4 ACCOUNTING PROCESS

2. RECEIVABLES AND PAYABLES
2.1 CASH ADVANCES FROM CUSTOMERS AND TO SUPPLIERS
2.2 ACCRUED EXPENSES AND DEFERRED REVENUES
2.3 EXCHANGE RATE DIFFERENCES
2.4 ACCOUNTING PROCESS

3. TANGIBLE FIXED ASSETS DEPRECIATION
3.1 METHODS
3.2 ACCOUNTING PROCESS

4. IMPAIRMENT OF ASSETS
4.1 DEFINITION
4.2 RECOGNITION AND MEASUREMENT OF A LOSS FROM THE IMPAIRMENT OF PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS, OR OTHER ASSETS
4.3 THE REVERSAL OF SUCH AN IMPAIRMENT LOSS
4.4 ACCOUNTING PROCESS

5. PROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS
5.1 RECOGNITION AND MEASUREMENT
5.2 ACCOUNTING PROCESS
5.3 DISCLOSURE

6. INTANGIBLE ASSETS
6.1 DEFINITION
6.2 RECOGNITION AND MEASUREMENT
6.3 FINITE OR INDEFINITE USEFUL LIFE
6.4 DERECOGNITION
6.5 ACCOUNTING PROCESS
6.6 DISCLOSURE

7. VAT ON INTRA-COMMUNITY TRADE
7.1 DEFINITION
7.2 ACCOUNTING PROCESS

8. CASH-FLOW STATEMENT
8.1 DEFINITION
8.2 OBJECTIVES
8.3 ELABORATION

9. EXTERNAL FINANCING TRANSACTIONS
9.1 BOND LOAN
9.2 ACCOUNTING PROCESS

Teaching methodologies

Lectures: The use of expositive method for introduction of theoretical concepts and participatory approach to reflection on the contents.
Practicals: Use of expositive and participative methods for resolution of exercises

Assessment methodologies and evidences

The assessment consists of two written tests with consulting. The minimum score required in each test is 10
points - The Final Score = Average of the two tests. If the final score is less than 10 values
student must perform the final evaluation.
Final: Intended for students who did not opt for continuous assessment. If the exam grade is less than 10 values there is no approval.
Supplementary: 2nd season (intended for students who had not performed or not used at the normal time or continuous assessment). The evaluation system is the same as in the final evaluation of the Regular Season.
Special Season (intended for students who may finish the academic part of the course by passing a maximum of two (2) UC, and to subscribe all of them, apart from other cases properly regulated). This evaluation is made by:
Examination - if the exam grade is less than 10 values there is no approval.

Assement and Attendance registers

Bibliography

Essential:

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

Costa, C. B. e Alves, G. C. (2014), Contabilidade Financeira, 9.ª edição, Lisboa: Rei dos Livros.

Gomes, J. e Pires, J. (2014), SNC - Sistema de Normalização Contabilística Teoria e Prática, 5.ª ed., Lisboa: Vida Económica.

Gonçalves, C., Santana, F., Dolores, S. e Rodrigo, J. (2017), Contabilidade Financeira Explicada, 3.ª edição, Lisboa: Vida Económica.

Rodrigues, J. (2018), SNC - Sistema de Normalização Contabilística – Explicado, 6.ª edição, Lisboa: Porto Editora.

Sistema de Normalização Contabilística (SNC): Decreto-Lei nº 158/2009, de 13 de julho; Portaria nº 986/2009, de 7 de setembro; Portaria nº 1011/2009, de 9 de setembro; Aviso nº 15652/2009, de 7 de setembro; Aviso nº 15653/2009, de 7 de setembro; Aviso nº 15654/2009, de 7 de setembro; Aviso nº 15655/2009, de 7 de setembro: NCRF 1, Estrutura e Conteúdo das Demonstrações Financeiras; NCRF 2, Demonstração de Fluxos de Caixa; NCRF 6, Ativos Intangíveis; NCRF 7, Ativos Fixos Tangíveis; NCRF NCRF 11, Propriedades de Investimentos; NCRF 12, Imparidade de Ativos; NCRF 20, Rédito; NCRF 21, Provisões, Passivos Contingentes e Ativos Contingentes; NCRF 23, Os Efeitos de Alterações em Taxas de Câmbio, Contabilização dos Subsídios do Governo e Divulgação de Apoios do Governo; Aviso nº 15655/2009, de 7 de setembro; Lei nº 20/2010, de 23 de agosto; Lei nº 35/2010, de 2 de setembro. Documentos disponíveis em http://www.cnc.min-financas.pt com as respetivas alterações.

Silva, S., Picaró, C., Picoito, C. e Fernandes, S. (2019), Caderno de Exercícios de Contabilidade Financeira II, ESCE/IPS.

Silva, S. (2019), Diapositivos de Contabilidade Financeira II, ESCE/IPS.

Complementary:

Almeida, R., Almeida, M. C., Dias, A. I., Albuquerque, F., Carvalho, F. e Pinheiro, P. (2013), SNC, Casos práticos e Exercícios resolvidos, 3.ª edição, Lisboa, ATF – Edições Técnicas.

Cervera, O. M., González, G. Á. e Romano, A. J. (2010), Contabilidad Financiera, 4.ª edición, Centro de Estudios Financieros.

Decreto Regulamentar nº 25/2009, de 14 de setembro.

Horngren, C., Sundem, G., Elliot, J. e Philbrick, D. (2013), Introduction to Financial Accounting, 11th Edition, Prentice-Hall International.

Lopes, I. T. (2017), Contabilidade Financeira - Exercícios Resolvidos e Propostos, Lisboa, Almedina

Scott, P. (2018), Introduction to Financial Accounting, Edição: Oxford University Press.