Accounting and Finances

Recommended Prerequisites

Not applicable.

Teaching Methods

Expository lectures to introduce students to the main concepts coupled with more practical lectures aimed at problem solving and to motivate class discussion on the subjects taught, namely by discussion of real companies accounts. Evaluation: General regime (final exam - 100%).

Learning Outcomes

The overall objective is to provide students with solid knowledge of the fundamentals of accounting and finance, with particular focus on management accounting.

At the end of the course, students should have acquired the knowledge and language framework that allows them to:

i) Understand the fundamental accounting concepts;

ii) Apply the fundamental instruments to extract information from the the annual financial statements, and evaluate the financial and economical situation of the firm and investment projects;

iii) Make use of management accounting information in decision making.

Work Placement(s)

No

Syllabus

MODULE A - FINANCIAL ACCOUNTING

Accounting as an information system

The SNC and accounting standardization

Fundamental concepts in Financial Accounting

Main current operations and end-of-period operations

The Balance Sheet and the Income Statement

 

MODULE B – FINANCE

Financial and economic analysis

Business risk and operating and financial leverages

Evaluation of investment projects

 

MODULE C - MANAGEMENT ACCOUNTING

Fundamental concepts of Management Accounting

Calculation of production costs

The problem of imputation of indirect costs

Costing systems.

Assessment Methods

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

Continuous assessment
Frequency: 100.0%

Bibliography

[1] Borges, A., Rodrigues, A., Rodrigues, R., 2014, Elementos de Contabilidade Geral 26ª ed., Áreas Editora

[2] Rodrigues, J., 2016, Sistema de Normalização Contabilística - SNC Explicado (6.ª ed.), Porto Editora

[3] Cruz, I., Pimentel, L., Jorge, S., 2019, Aplicações de Contabilidade Financeira: enquadramento teórico e casos práticos, Edições Almedina

[4] Neves, J., 2012, Análise e Relato Financeiro – Uma visão Integrada de Gestão 5ª ed., Texto Editores

[5] Gama, P., Torres, P., 2018, Exercícios de Análise Financeira 3ª Ed., Almedina

[6] Higgins, R., 2015, Analysis for Financial Management, 12th Ed. McGraw-Hill, 2019

[7] Ferreira, D., Vicente, C., Asseiceiro, J., Vieira, J. & Caldeira, C., 2019, Contabilidade de Gestão - Estratégia de custos e de resultados, 2ª Ed., Rei dos Livros

[8] Caiado, A. P., 2015, Contabilidade Analítica e de Gestão, 8ª Ed., Áreas Editora

[9] Drury, C., 2017, Management and cost accounting: students' manual. 10th ed. London: South Western/Cengage Learning.