Base Knowledge
Intermediate level syllabus is taught in the Corporate Reporting course, which requires the knowledge/skills taught in the Financial Accounting I and Financial Accounting II courses.
Teaching Methodologies
The theoretical contents of the curricular unit are taught with the exemplification of practical cases, for a practical theoretical approach to all the syllabus of the curricular unit.
Students are motivated to apply the skills acquired through practical activities, including the analysis and discussion of case studies and carrying out practical application exercises. The sharing of relevant professional experiences will be encouraged throughout these activities.
Learning Results
After studying the “Financial Reporting” course, students should be able to:
a) Distinguish provisions from contingent liabilities and contingent assets;
b) Identify and recognize the different types of revenue and the problems associated with them;
c) Understand the criteria for recognizing and measuring investment property;
d) Identify and measure investments in associates and business concentration operations.;
e) Identify and prepare all components of financial and non-financial business reporting.
Program
1. Provisions, Contingent Liabilities and Contingent Assets
2. Revenue from Contracts with Customers
3. Investment Properties
4. Investments in associates
5. Business concentration operations
6. Preparation of financial reporting.
6.1. Statement of cash flows
6.2. Events after the balance sheet date
7. Income taxes.
8. Corporate Financial Reporting
9. Non-financial statement and sustainability information.
10. Interim and segment information.
Curricular Unit Teachers
Cristina Maria Gabriel Gonçalves GóisGrading Methods
1. Under the general assessment system, a final written exam will be administered, worth 20 points. Students will pass with a grade equal to or higher than 10 points, on a scale of 0 to 20, provided they have obtained at least three (3) points in the theoretical section and three (3) points in the practical section. If the minimum requirements are not met, the maximum grade awarded will be 9 points.
2. Under the periodic and continuous assessment system, the following conditions apply:
2.1. Completion of two midterm exams.
2.2. Each midterm exam will be worth up to 17 points. The remaining three points will be awarded based on the practical work completed in the classroom.
2.3. Students must obtain a minimum grade of 7.0 points in each midterm exam. For each midterm exam, a minimum of three (3) points in the theoretical section and three (3) points in the practical section are required. If the minimum requirements are not met, the maximum grade awarded for attendance will be 6 points.
2.4. Students pass when the sum of the three assessments results in a grade equal to or higher than 9.5 points on a scale of 0 to 20.
2.5. Only students who attended 80% of the classes are eligible for this assessment.
Please note that, at any point during the assessment process, if there is any doubt about the accuracy of the written exam results, even if this can only occur during grading, the student may be subject to an oral defense of the written exam, which will be administered in person. As a result of this defense, the student will maintain the grade obtained in the written exam or will be awarded a grade of "9 points" if they are unable to demonstrate coherently the knowledge consistent with the answers provided. If the student does not attend the grade defense, the grade will be awarded a grade of "9 points."
Internship(s)
NAO
Bibliography
Main bibliography:
Batista da Costa, C. e Gabriel Correia Alves. (2021). 10.ª Edição. Contabilidade Financeira. Lisboa: Rei dos Livros
Gonçalves, C., Santos, D., Rodrigo, J., e Fernandes, S. (2020). Contabilidade Financeira Explicada – Manual Prático (4.ª ed.). Porto: Vida Económica.
Gomes, João e Jorge Pires (2015). SNC – Sistema de Normalização Contabilística, Teoria e Prática. 5ª Edição. Ed. Vida Económica.
Rodrigues, João (2025). SNC – Sistema de Normalização Contabilística SNC Explicado. 10.ª Edição. Porto. Editora
Supplementary bibliography:
Kieso, Donald E., Jerry J. Weygandt e Terry D. Warfield (2024): Intermediate Accounting IFRS, 5th Edition, Wiley.
Ruth Picker, Kerry Clark, John Dunn, David Kolitz, Gilad Livne, Janice Loftus, Leo van der Tas (2025): Applying International Financial Reporting Standards, 5th Edition Wiley.