Base Knowledge
Knowledge acquired in the curricular unit of Financial Accounting I.
Teaching Methodologies
ME1. Expository method – being theoretical-practical classes, the sessions include a component of exposition of the issues by the teacher.
ME2. Problem-solving method – the resolution of questions / practical cases, appealing to the active participation of students, with a view to acquiring practical skills and operationalising the theoretical concepts exposed, making their interconnection.
ME3. Activity-Based Learning Conducted in Class – students carry out in-class activities related to the course contents.
The teaching methods adopted enable the achievement of the previously defined objectives.
Learning Results
The course unit has the following learning objectives (LO):
LO1. Expand and Deepen Accounting Knowledge – Building on the concepts introduced in the Financial Accounting I course during the first semester, this unit aims to broaden and deepen understanding of accounting principles in line with the NCRF of the SNC. Particular emphasis will be placed on the accounting treatment of various operations related to the current and non-current aspects of companies. Special attention will be given to operations requiring a deeper understanding of accounting fundamentals due to their specific nature.
LO2. Prepare Key Financial Statements – Develop the ability to prepare the primary financial statements, including the Balance Sheet and the Income Statement by Nature, while adhering to the fundamental assumptions and qualitative characteristics. These statements should provide an accurate and appropriate representation of the company’s assets, financial position, and changes resulting from the activity over the reporting period.
LO3. Study Accountability Obligations – Explore the main accounting obligations, ensuring a comprehensive understanding of their application and relevance.
LO4. Integrate Theory with Practice – Establish a connection between the accounting treatment of topics covered in the course and their theoretical foundations. This includes consideration of associated legal and tax implications.
The competences (C) to be acquired are the following:
C1. Understand the initial and subsequent measurement and recognition of non-financial investments (tangible fixed assets, intangible assets and non-current assets held for sale).
C2. Understand the accounting treatment, including the associated tax aspects, of (short-term) employee benefits.
C3. Understand the determination and meaning of net profit for the period.
C4. Know how to prepare and interpret the main financial statements, understanding the usefulness of financial information for understanding a business entity.
C5. Identify the main accounting obligations (accountability).
Program
Chapter 1 – Income Tax
1.1 Withholdings made by third parties
1.2 Withholdings made by the company itself
Chapter 2 – Employee benefits
2.1 Monthly remuneration
2.2 Christmas bonus
2.3 Holiday allowance and vacation month
Chapter 3 – Tangible Fixed Assets
3.1 Recognition and initial measurement: acquisition cost
3.2 Depreciation of tangible fixed assets
3.3 Recognition and initial measurement: self-constructed assets
3.4 Derecognition (disposal, loss, and write-off)
Chapter 4 – Intangible Assets
4.1 Recognition and initial measurement
4.2 Internally generated intangible assets
4.3 Amortisation of intangible assets
4.4 Derecognition
Chapter 5 – Borrowings
5.1 Acquisition of assets through leasing arrangements
5.2 Acquisition of assets financed by investment grants
5.3 Borrowing costs related to tangible fixed assets
Chapter 6 – Asset Impairment
6.1 Impairment of tangible fixed assets and intangible assets
6.2 Impairment of financial assets (trade receivables)
6.3 Inventory losses
Chapter 7 – Non-current Assets Held for Sale
7.1 Recognition and initial measurement
7.2 Derecognition
Chapter 8 – End-of-Period Operations
8.1 Adjusting entries
8.2 Corporate Income Tax – calculation and recognition
8.3 Profit or loss determination procedures
Chapter 9 – Financial and Non-Financial Reporting
9.1 Objectives of financial statements
9.2 Statement of Financial Position and Statement of Profit or Loss by nature – components and structure
9.3 Complete set of financial statements
9.4 Accountability and reporting obligations: main documents and their purpose
9.5 Non-financial reporting
Curricular Unit Teachers
Maria de Fátima Travassos CondeInternship(s)
NAO
Bibliography
Basic Bibliography
Baptista da Costa, C.; & Alves, G. C. (2021). Contabilidade Financeira, 10ª edição. Rei dos Livros. ISBN: 9789895650408.
Borges, A., Rodrigues, A., Rodrigues, R. e Rodrigues, J. (2021) Elementos de Contabilidade Geral (27ªEdição). Áreas Editora.
Gonçalves, C., Fernandes, S., Santos, D. e Rodrigo, J. (2020). Contabilidade Financeira Explicada – Manual Prático (4.ª Ed.). Vida Económica.
Moreira, J. A. (2019). Contabilidade: Da preparação à interpretação da informação financeira. Edições Sílabo.
Rodrigues, J. (2024). Sistema de Normalização Contabilística: Explicado. Porto: Porto Editora (9.ª edição).Normas Contabilísticas e de Relato Financeiro (NCRF). http://www.cnc.min financas.pt/snc2016.
Material disponibilizado pelos docentes
Complementary Bibliography
Gonçalves, M., Simões, M., Ferreira, R., e Góis, C. (2023). História da Contabilidade portuguesa: O século XX. Almedina.
Menezes, C., e Carrapiço, J. (Eds.) (2025). Livro de Contabilidade Financeira. Ordem dos Contabilistas Certificados. [Obra coletiva da autoria de Ana Catarina Kaizeler, Carla Viana, Carlos Cunha, Carlos Nunes, Carlos Plácido, Carlos Quelhas, Davide Ribeiro, Domingos Martins, Graça Azevedo, Jorge Carrapiço, Luís Baptista, Márcio Pereira, Mário Guimarães, Nuno Tavares, Paulo Marques, Pedro Pinheiro, Ricardo Antas, Sandra Alves e Sérgio Pontes.]
– Picker, R.; Van der Tas, L., Kolitz, D.; Livne, G.; Loftus, J.; & Koning, M. (2025). Applying International Financial Reporting Standards, 5th edition. Wiley. ISBN: 978-1394235933.