| Code |
16465
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| Year |
1
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| Semester |
S1
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| ECTS Credits |
6
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| Workload |
TP(60H)
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| Scientific area |
Accounting
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Entry requirements |
Does not apply.
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Mode of delivery |
The lessons of this UC are theoretical and practical. The theoretical classes expose the theoretical concepts supported by material available on the Moodle platform. In practical classes, students have to solve exercises and examine financial statements.
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Work placements |
Does not apply.
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Learning outcomes |
With the approval of this course, the students should be able to:
1. Relate the information generated by financial accounting with the needs of managers and other economic agents;
2. Understand the objectives and structure of the financial statements;
3. Identify and articulate the links between the financial statements and,
4. Proceed to the accounting of the facts related to the business cooperation cycle:
i) Liquidity;
ii) Purchases, suppliers and VAT;
iii) Sales, customers, and VAT;
iv) Expense costs with employees;
v) Accrual.
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Syllabus |
1 - Fundamental Concepts
2 - Accounting Normalization
3 - Financial Reporting
4 - Net financial resources
5 - Inventories, debts payable and deductible VAT
6- Sales, clients and VAT
7 - Inventory and Costs Systems
8 - Personnel expenses and operations
9 – Accruals
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Main Bibliography |
Rodrigues, J. SNC - Sistema de Normalização Contabilística Explicado. Porto Editora, 8.ª Edição.
N.A. (2018). Sistema de Normalização Contabilística. Porto Editora, 6.ª Edição, Porto Editora.
BORGES, A., RODRIGUES, A. & RODRIGUES, R. (2021). Elementos de Contabilidade Geral. Áreas Editora, 27.ª Edição, Áreas Editores.
Nabais, C. & Nais F. (2021). Prática Contabilística. 7.ª Edição, Lidel.
Harrison, W.; Horngren, C. H.; Thomas, B. & Suwardy, T. (2014). Financial Accounting – International Financial Reporting Standards. 11th Edition, Prentice Hall.
Other references suggested during the course.
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Teaching Methodologies and Assessment Criteria |
The classes of this course are theoretical and practical. Theoretical classes expose the concepts supported by various materials available on the Moodle platform. In classes, students solve exercises and analyze financial statements. In all chapters, the teacher promotes a discussion among the analysis of case studies that aim to show adherence to business reality; basic concepts related to taxation are also introduced. The use of accounting software is encouraged through the use of demonstration versions that are an integral part of the Accounting Standardization System and the use of the website Portuguese Government to fully file tax documents.
Evaluation:
Continuous assessment comprises two tests: i) the first test evaluates the concepts taught in the first four chapters; ii) the second test covers the concepts taught in chapters 5 to 9.
For students who not obtain approval in the continuous evaluations, the final assessment comprises two exams: the regular exam or the appeal.
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Language |
Portuguese. Tutorial support is available in English.
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