Corporate Accounting

Recommended Prerequisites

Financial Accounting.

Teaching Methods

Description of fundamental theoretical concepts. Examination of commercial and accounting rules on capital, analysis of the main corporate operations and preparation of consolidated financial statetments. Topics presentation will be combined with case studies. It encourages the application of theoretical knowledge in solving practical problems.

Learning Outcomes

The purpose of the curricular unit is to provide skills to represent in corporate accounting the key issues ruled in Código das Sociedades Comerciais, frequently related to classe 5 -capital.

Work Placement(s)

No

Syllabus

I. GENERAL ISSUES ON CORPORATIONS

1. Concept of corporation and main types of corporations

2. Corporate creations and corporate governance

3. Rights and obligations of partners.

4. Responsibilities and duties of statutory bodies.

II. EQUITY

1. Components: capital, other equity instruments, reserves, stocks and shares ownership, share premiums, retained earnings and earnings

2. Capital modification

3. Earnings application

4. Statement of changes in equity

III. CORPORATE OPERATIONS

1. Aquisitions

2. Mergers and Splits

3. Dissolutions and liquidations

IV. GROUPS AND FINANCIAL REPORTING

1. Group relation

2. Consolidated financial statements.

Assessment Methods

Assessment
Periodic or by final exam as given in the course information: 100.0%

Bibliography

BORGES, António; RODRIGUES, Azevedo; RODRIGUES, Rogério; Elementos de Contabilidade Geral. 26ª ed. (de acordo com o SNC). Áreas Editora, 2014.

COUTINHO DE ABREU ET AL; Código das Sociedades Comerciais em Comentário (7 Volumes). Almedina.

GOMES, João; PIRES, Jorge; SNC – Sistema de Normalização Contabilística, Teoria e Prática. 5ª Edição. Ed. Vida Económica, 2015.

RODRIGUES, João; Sistema de Normalização Contabilística, SNC Explicado, 7ª Edição, Porto Editora, 2019.