Financial Accounting II

Recommended Prerequisites

Students must have successfully completed the curricular unit of Financial Accounting I

Teaching Methods

The curricular unit works with theoretical-practical classes, combining theoretical exposition of the syllabus contents (using NCRF and illustrative examples, in order to foster interest and discussion with the students), with resolution by the students, under the guidance of the professors, of practical cases in a manual, particularly suitable to complement the problems theoretically developed.

The slides (and other supporting material) will be made available on the Inforestudante platform.

Learning Outcomes

It is generally intended in this course that students apply the methodological and conceptual instruments acquired in the course of Financial Accounting I, while deepening the knowledge of the system of preparation and disclosure of accounting and financial information, which proves to be essential to support decision-making by the users of the financial statements.

One seeks to transmit a solid training in core areas of Financial Accounting (intermediate training), in conjunction with the legal and accounting aspects associated with them.

Specifically, students must be able to fit the main operations in the respective cycles of an economic entity, and articulate them, following the normative guidelines, with the financial statements where they must be reflected and reported.

Work Placement(s)

No

Syllabus

I. OPERATION CYCLES IN AN ECONOMIC ENTITY

II. CURRENT OPERATIONS CYCLE

1. Financial assets - cash in hand, deposits and financial instruments - NCRF 27

2. Accounts receivable - Clients and Other accounts receivable - NCRF 27

3. Inventories and Biological Assets - NCRF 18 and NCRF 17

4. Financial liabilities - accounts payable - NCRF 27 and NCRF 28

5. Provisions and other events - NCRF 21 and NCRF 24

III. INVESTMENT CYCLE OPERATIONS

1. Financial investments - NCRF 13 and NCRF 5

2. Property, plant and equipment - NCRF 7

3. Intangible assets - NCRF 6

4. Investment properties - NCRF 11

5. Expenses, Revenues, Deferrals and Results - NCRF 19, NCRF 20, CF and NCRF 4

IV. FINANCING CYCLE OPERATIONS

1. Equity - NCRF 27 and CSC

2. Third party capital - NCRF 10 and NCRF 27

V. THE ANNUAL ACCOUNTS - NCRF 1 and NCRF 2

1. End-of-period work

2. Balance Sheet

3. Income Statements

4. Cash Flow Statement

5. Statement of Changes in Equity

6. Notes (Annex)

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. 25ª ed. (de acordo com o SNC). Lisboa: Áreas Editora, 2010. [BP 657 BOR]

 

CRUZ, Isabel; PIMENTEL, Liliana; JORGE, Susana; Aplicações de Contabilidade Financeira: enquadramento teórico e casos práticos. Coimbra: Edições Almedina, 2019. [657 CRU]

 

GLOUTIER, M. W. E., UNDERDOWN, B.; Accounting Theory and Practice. 7th ed. Essex: FT Prentice Hall, 2001.

 

NOBES, C., PARKER, R.; Comparative International Accounting. 7th ed. Essex: FT Prentice Hall, 2002.

 

RODRIGUES, Ana Maria (Coord.); SNC – Sistema de Normalização Contabilística, Coimbra: Edições Almedina, 3ªedição, 2016. [BP 657 SNC]

 

THOMAS, Andrew; WARD, Anne Marie; Introduction to financial accounting. 7th ed., London: McGraw-Hill Higher Education, 2012. [BP 657 THO]