Theory Of Financial Accounting
Part of this Programme
Accounting, Taxation and Auditing
Level of Qualification|Semesters|ECTS
Bachelor | Semestral | 5
Year | Type of course unit | Language
3 |Mandatory |Português
Total of Working Hours | Duration of Contact (hours)
140 | 60
Recommended complementary curricular units
Prerequisites and co-requisites
1 - Presentation 2 and 3 - International Accounting Harmonization 4 to 11 - Financial Reporting 12 and 13 - Construction Contracts 14 to 18 - Financial Instruments 19 to 21 - Investment Property 22 to 27 - Impairment of Assets 28 to 30 - Borrowing Costs Obtained
A first objective is to grasp fundamental concepts and conceptual aspects related to national and international financial reporting. A second objective is to disclose some particular recognition and measurement criteria related to elements of the financial statements at the level of interim accounting in accordance with the standards of the Accounting Standardization System (SNC) and the International Accounting Standards Board (IASB). A final objective is to motivate the students' contact with the financial information disclosed by the companies.
Knowledge, abilities and skills to be acquired
At the end of the semester students should have developed competences that allow them to understand: a. The framework of national and international accounting standards in the process of international accounting harmonization. B. The implications of the fundamental accounting concepts from which generally accepted accounting principles (GAAP) are defined. W. The preparation, preparation, interpretation and usefulness of the financial statements that make up the financial report. d. Some particular criteria for recognition and measurement of accounting standards related to the elements of the financial statements at the level of the interim accounts. and. The accounting terminology used in business language.
Teaching methodologies and assessment
In the course of these classes the student should develop competences in accordance with the stated objectives, and the use of the following methodologies in the teaching / learning process is foreseen: a. Expositive, through the presentation of the fundamental theoretical concepts with recourse to exemplifications. B. Participatory, through the analysis, discussion and resolution of application exercises and case studies. W. It activates, through tests, individual records, group work and optional exercises. d. Self-study, through the student's autonomous work.
Kieso, D., Weygandt, J., Warfield, T. (2014), Intermediate Accounting, IFRS Edition (2nd Edition), EUA, Wiley.
- International Accounting Standards (IAS) e International Financial Reporting Standards (IFRS) do International Accounting Standards Board (IASB)
- Sistema de Normalização Contabilístico (SNC) (2015)