Corporate Accounting

Intermediate level syllabus is taught in the Corporate Accounting course, which requires the knowledge/skills taught in the Financial Accounting I and Financial Accounting II courses.

ME1 – Interactive presentation of the key concepts of the subject.

ME2 – Practical exercises with student participation in the classroom.

ME3 – Development of group projects with presentation and discussion.

After studying the subject of “Corporate Accounting,” students should be able to:

OA1. Understand and characterize Brazilian accounting standards from the perspective of international accounting standards.

OA2. Understand the main components and conditions of equity;

OA3. Identify and understand subsequent measurement models for non-current assets.

OA4. Distinguish between accounting policies, changes in accounting estimates, and errors, and identify their effects on accounting procedures;

OA5. Identify the objectives and prepare the statement of changes in equity; and

OA6. Understand the accounting and legal aspects associated with the dissolution of companies.

Associated skills:

CD1. Critical thinking: Ability to interpret and solve accounting problems accurately and with attention to detail.

CD2. Personal organization: Ability to work autonomously and in a team, contributing to the achievement of organizational objectives.

CD3. Communication: Ability to communicate clearly and effectively with clients, colleagues, and other entities.

CD4. Responsibility: Ability to act ethically, responsibly, and confidentially in handling information.

P1. Portuguese and International Accounting Standards

P2. Company Formation

2.1. Equity- Concept

2.2. Equity – Accounting recognition and measurement

P3. Changes in Equity

3.1. EquityIncrease

3.2. Treasury Shares

3.3. Capital Reinstatement

3.4. Capital Reduction

P4. Application of Results

4.1. Corporate Conditions

4.2. Recognition of the Application of Results

P5. Revaluation of Non-Current Assets

P6. Accounting Policies, Changes in Estimates and Errors

P7. Statement of Changes in Equity

7.1. Framework and Objectives

7.2. Components and Preparation

P8. Dissolution of Companies

8.1. Legal requirements

8.2. Accounting recognition and measurement

In accordance with the Academic Regulations for the 1st Cycle of Studies at the Polytechnic Institute of Coimbra, students may choose from the following assessment methods:

1) CONTINUOUS/PERIODIC ASSESSMENT:
This methodology is based on a combination of the following assessment elements:
MA1. - 60% - Completion of 2 tests (MA1.1 and MA1.2) during the academic term, which represent a weighting of 60% for the final grade of the Accounting of Companies course unit. Each test will be graded out of a total of 6 points. In each test, a minimum grade of 2.4 points is required (40% of the grade for each test). This test is closed-book, and only a non-graphing calculator may be used.

MA2. - 20% - Completion of small classroom activities, worth 20% of the final grade for the course. These assessment moments do not need to be communicated to students in advance.

MA3. - 20% - Completion of a group project, composed of 2/3 students, with oral presentation and discussion on a topic from the program, worth 20% of the final grade for the subject.
Attendance requirement: only students who attended 80% of the classes taught have access to this form of assessment. Absence from classes where assessments occur implies the loss of this assessment.

The student's final grade (CF) is obtained by applying the following formula:
CF = [30% * MA1. 1.] + [30% * MA1. 2.] + [20% * MA2] + [20% * MA3].

The student will pass if they achieve a final grade, rounded to the nearest whole number, equal to or greater than 10 (ten) points.

2) ASSESSMENT BY EXAMINATION:

MA4. This assessment consists of a written test (Exam) covering all the material taught, to be held on the dates defined by ISCAC for the regular assessment periods, and with a maximum duration of 2h30m.
• Access to the exam assessment is governed by the regulations.
• This test is closed-book, and only a non-graphing calculator may be used.
• Students who achieve a final grade, rounded to the nearest whole number, equal to or greater than 10 (ten) points will pass.
• Students with a final grade equal to or greater than 16 points may be required to take an oral exam. In this case, the oral exam will account for 40% of the final grade. If students summoned for the oral exam choose not to take it, a final grade of 15 will be assigned.

Note - In the event of well-founded suspicion of fraud detected during the exam correction phase, the student will be summoned to take an oral exam to verify the knowledge and skills demonstrated. This verification is carried out by a panel composed of the UC professor and two other professors from the same area. If the student fails to prove they possess the knowledge and skills demonstrated in the written exam, the exam will be invalidated.

NAO