Scholar Year: 2018/2019 - 1S
|Pedro Nuno Coelho Palhão Bicho Pardal||Head|
|Type of classes
Intended learning outcomes (Knowledges, skills and competencies to be developed by the students)
The course focuses on financial accounting basic principles and aims to provide students the necessary skills to understand and use accounting as an information system. Especially the objectives are:
•To discuss the role of Accounting;
•To know and understand Accounting methods and procedures;
•To understand Accounting reporting.
1. ACCOUNTING AS A MANAGEMENT SUBSYSTEM
1.1 Accounting evolution as a management tool;
1.2 The importance of accounting information for Decision Making;
1.3 The Company flow analysis.
2. FUNDAMENTAL CONCEPTS
2.1 Accounting: definition, division and purpose;
2.2 Accounting as a measurement and communication system;
2.3 The Fundamental Accounting Equation.
3. ACCOUNTING ENTRY
3.1 The Accounting entry: definition, classification and representation;
3.2 Accounts characterization;
3.3 Entry accounting methods;
3.4 Entry accounting: concept and species.
4. SUMMARY OF ACCOUNTING DOCUMENTS
4.1 The Balance Sheet: concept and classification;
4.2 The Income Statement: definition and classification.
5. INTERNATIONAL ACCOUNTING STANDARDS
5.1 IAS 1 – Presentation of Financial Statements
5.2 IAS 2 – Inventories
5.3 IAS 7 – Cash Flows Statement
5.4 IAS 16 – Property, Plant and Equipment
5.5 IAS 18 – Revenue
5.6 IAS 38 – Intangible Assets
Demonstration of the syllabus coherence with the UC intended learning outcomes
Both theoretical and practice: Introducing theoretical concepts by using the lecturing method and analyzing practical cases by using a participatory approach as well, to improve student’s abilities.
Avaliação distribuída com exame final
Demonstration of the teaching methodologies coherence with the curricular unit's intended learning outcomes
Continuous Assessment takes place during the course period and is based on:
- Group Work – minimal grade of 10 (ten) valuing 40% of the final grade– T1
- Individual Test – minimal grade of 10 (ten) valuing 60% of the final grade– T2
Every candidate with grades under than 10 (ten) values will be required to do Examination which will take place during the Examination period.
Assessment methodologies and evidences
Continuous Assessment Final Mark = 0,4 x T1+ 0,6 x T2
Examination - An individual written test – minimum grade 10 (ten) values.
Assement and Attendance registers
|Kieso, Donald E. e Jerry J. Weygant;Intermediate Accounting, John Wiley & Sons, Inc., New York, 1999
|IASB;International Accounting Standards / International Financial Reporting Standards
|Nobes, Christopher e David Alexander;A European Introduction to Financial Accounting, Prentice Hall, London, 1994
|Abbas, Ali Mirza, Graham, J. Holt, and Magnus Orrel ;IFRS International Financial Reporting Standards, John William Editions, New Jersey, 2006
|Nobes, Christopher e Robert Parker ;Comparative International Accounting, 5th Edition, Prentice Hall, London, 1991