IPLUSO 18157

Financial Accounting I

• ApresentaçãoPresentation

  This course covers the basic theoretical and practical fundamentals of Financial Accounting, based on the Accounting Standards System (SNC) and knowledge of the various taxes that interact with business. It is relevant to the study cycle due to the importance of Accounting and Taxation in public and private organizations. Its objective is therefore to prepare and equip future professionals with basic skills in understanding and operating accounting tools and analyzing financial information for management, as well as knowledge about the impact of various taxes on business activity.
• ProgramaProgramme

  1 - Introduction: Brief history and evolution of Accounting. 2 - Company and the economic circuit; socio-economic importance of Financial. Accounting and the Companies Code; the usefulness of financial accounting for managers; accounting as an information system. 3 - Accounting concept, object and divisions. Accounting standardization, conceptual structure and CNS; Qualitative characteristics, assumptions and elements of financial statements; Balance Sheet and Income Statement; Equity and patrimonial facts; Inventories; 4- Accounting operations, supporting documents and accounting records; T 5 - The fundamental equation and the method of double matches; rules of movement; daily, ratio and balance sheet, asset, liability and equity; 6 - Business Cycle Analysis: Financing Cycle; Investment cycle; Operational Cycle; 7- Income Statement: Elaboration of Income Statement and Balance Sheet Financial.
• ObjectivosObjectives

  At the end of the semester the students should be able to: 1 - Understand the basic concepts of accounting, acquiring skills to read and interpret financial statements; 2 - Know the institutional framework of accounting, identifying the national and international bodies that regulate it; 3 - Identify the financial statements and the main characteristics of each one; 4 - Understand the process of preparing them; 5 - Know the conceptual framework (CNS) of financial reporting and, consequently, the objectives of the financial statements, their users, the assumptions and principles that underlie their preparation, as well as the existing recognition and measurement criteria; 6 - Know how to account for the operations inherent in the main business cycles, namely: financing, investment and exploration; 7 - Prepare the income statement and balance sheet and discuss other mandatory financial statements.
• BibliografiaBibliography

  Borges, A. (2014). Elementos de Contabilidade Geral (26a ed.). Lisboa: Áreas Editora; Lopes, Ilídio Tomás (2017). Contabilidade Financeira, (2a ed.). Lisboa: Escolar Editora; Rodrigues, J. (2016). Sistema de Normalização Contabilística SNC Explicado, (6.a ed.). Porto: Porto Editora.  
• MetodologiaMethodology

  Also includes innovative methodologies to sypport the teaching-learning process used.
• LínguaLanguage

  Português
• TipoType

  Semestral
• ECTS

  5
• NaturezaNature

  Mandatory
• EstágioInternship

  Não