Financial and Operational Reporting

This subject teaches intermediate-level program content, so that the knowledge/skills taught in the Financial Accounting subject are required.

The syllabus will be taught using methods that promote student intervention in the learning process, encouraging the understanding of the
practical application of the theoretical aspects taught. To achieve the proposed objectives, the analysis and discussion of practical cases
based on real examples will be privileged.

The subject aims to identify the main objectives of corporate financial reporting and operational reporting and the analysis of their
components. It is also intended to identify the new guidelines for financial reporting, non-financial reporting and the Environmental, Social
and Corporate Governance (ESG) approach.

These objectives aim to acquire the following skills: a) Identification of the main components and objectives of financial and operational
reporting and an understanding of their preparation process. b) Knowledge of the new financial and non-financial reporting guidelines and
the ESG approach.

1. Introduction
1.1. Types of report
1.2. Main objectives and guidelines
2. Financial Reporting
2.1. Objectives and dimensions of financial reporting
2.2. Individual accounts versus consolidated accounts
2.3. Cash basis and accrual basis
3. Components of financial reporting
3.1. Balance sheet
3.2. Income statement
3.3. Statement of cash flows
3.4. Statement of changes in equity
3.5. Disclosures
4. Operational reporting
4.1. Main objectives
4.2. Types of operational reporting
4.3. Major operational reporting systems
5. Non-Financial Reporting / Environmental, Social and Corporate Governance (ESG) Reporting
5.1. ESG Approach
5.2. ESG Components
5.3. ESG Strategies
5.4. Framework for Non-Financial Reporting
5.5. Implementation of Taxonomies for Non-Financial Reporting
5.6. Non-Financial Reporting Regulations

1. A final written examination will be held in the general assessment scheme, marked out of 20. Students will pass with a mark of 10 or more on a scale of 0 to 20.

2. Under the periodic and continuous assessment system, the following conditions apply:

2.1. Completion of a midterm exam and a practical assignment, which together contribute to a total of 20 points.
2.2. The midterm exam is weighted 40% (up to 8 points). The practical assignment is weighted 60% (up to 12 points) and is completed outside of the classroom.
2.3. Students must obtain a minimum grade of 4 points on the midterm exam and 6 points on the practical assignment.
2.4. The practical assignment is assessed twice: upon submission (up to 4 points) and upon presentation and defense (up to 8 points), totaling 12 points.
2.5. Failure to submit the practical assignment will result in a grade of 0 for this component and the inability to present and defend the assignment.
2.6. Students pass when the weighted average of the two assessments results in a score equal to or higher than 9.5 points on a scale of 0 to 20.
2.7. Only students who have attended 80% of the classes are eligible for this assessment.

NAO