Corporate Accounting

Accounting knowledge acquired in the 1st year.

The teaching methodology will involve interactive lectures, questioning and demonstration with the resolution of corresponding exercises.

Collaborative learning will also be promoted, where students will have the opportunity to share experiences.

The aim is for students to grasp the syllabus and acquire the skills defined.

The main objective of the Corporate Accounting course is to impart the accounting knowledge needed to understand the accounting of large companies. It aims to study the different elements involved in the economic and financial process of large companies.

In the light of recent changes in the world of accounting, the aim is to provide specific training on the content and practical application of the Accounting Standardization System, in the context of the subjects included in the syllabus.

It is intended that students attending this course will acquire the skills to:

a) Analyze the main components of equity and identify the various situations that cause changes in its value;

b) Identify and explain the main accounting standards relating to assets and liabilities in the financial statements;

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

d) Identify the objectives and prepare the statement of changes in equity;

e) Define the accounting and legal aspects associated with the dissolution of companies

f) Identify the objectives and prepare the cash flow statement; and

g) Identify all the components of a company’s financial statements, their objectives and their preparation process.

1. Companies and accounting standardization
2 Company creation
3. Changes to equity
3.1. Capital increase (NCRF 27)
3.2. Own Shares
3.3.Capital reinstatement
3.4. Capital reduction
3.5. Revaluation of tangible fixed assets.
4. Results
4.1. Application of results
4.2. Accounting Policies, Estimates and Errors (NCRF 4)
5. Passive elements
5.1. Provisions, contingent liabilities, and contingent assets (NCRF 21)
6. Active elements
6.1. Investment Properties (NCRF 21) 

6.2. Investments in associates and subsidiaries (NCRF 13 and NCRF 15)

7. Financial Reporting
7.1. Objectives and requirements
7.2. Cash flows (NCRF 2)
7.3. Statement of change in equity
7.4. Subsequent events (NCRF 24)

NAO