Advanced Financial Accounting

Recommended Prerequisites

General knowledge on Financial Accounting is recommended.

Teaching Methods

The acquisition of competencies defined, the following teaching-learning methodologies (MEA) will be used:  MEA 1 - Presentation of the theoretical frameworks; MEA2 - Participative through the resolution and analysis of exercises and case studies; MEA3 - Auto-learning approach, related to the independent student work.

Learning Outcomes

Students shall develop competency in financial accounting, namely: (LG1) Demonstrate a deep and structured level of knowledge of the programmatic topics, based on the Accounting Standards; (LG2) Develop a structured and critical analysis for concrete accounting case studies; (LG3) Understand the importance of preparing individual and consolidated accounts, in line with the emerging business reporting requirements of multiple Stakeholders.

Work Placement(s)

No

Syllabus

I. ACCOUNTING FOR INVESTMENTS

1.1. Interest versus Control;

1.2. Investments in Subsidiaries, Associates, and Conjoint Agreements;

1.3. Recognition and measurement;

II. BUSINESS CONBINATIONS

2.1. Legal and accounting scope;

2.2. Recognition and measurement;

2.3. Goodwill and Negative Goodwill.

III. JOINT VENTURES

3.1. Definitions and terms;

3.2. Legal and accounting scope.

IV. SPLIT OF COMPANIES

4.1. Definitions and terms;

4.2. Legal and accounting scope.

V. DISSOLUTION AND LIQUIDATION OF COMPANIES

5.1. Definitions and terms;

5.2. Legal and accounting scope.

VI. LEGAL TRANSFORMATION OF COMPANIES

6.1. Definitions and typology;

6.2. Legal and accounting scope.

VII. CONSOLIDATED FINANCIAL STATEMENTS

7.1. Concepts;

7.2. Methods used in the preparation of consolidated financial statements;

7.3. Accounting procedures and rules.

Head Lecturer(s)

Liliana Marques Pimentel

Assessment Methods

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

Bibliography

Kieso, Donald E.; Weygandt, Jerry J.; Warfield, Terry, D. (2018). Intermediate Accounting: IFRS Edition, 3rd Edition, New Jersey: John Wiley & Sons.

Rodrigues, Ana Maria G. (Coord.) (2016). Sistema de Normalização Contabilística, 3ª Edição, Coimbra: Almedina Editores.

Rodrigues, Ana Maria G; Carvalho, Carla; Cravo, Domingos; Azevedo, Graça (2014). SNC – Contabilidade Financeira – Sua aplicação, 2ª Edição, Coimbra: Almedina Editores.

Silva, F. V. Gonçalves da; Pereira, J. M.; Rodrigues, Lúcia Lima (1999). Contabilidade das Sociedades, Lisboa: Plátano Editores.

Lopes, Carlos A. Rosa (2017). Consolidação de Contas – Teoria e Casos Práticos, 3ª Edição Ampliada e Atualizada, Lisboa: Edições Sílabo.

Almeida, António Pereira (2011). Sociedades Comerciais – Valores Mobiliários e Mercados, 6ª Edição, Coimbra Editora.

SNC – Sistema de Normalização Contabilística, Comissão de Normalização Contabilística, http://www.cnc.min-financas.pt/snc.html.

CSC – Código das Sociedades Comerciais.