Presentation of Accounts and Financial Report

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 course unit has the following Learning Outcomes (LOs):

LO1 – Understand the main components and operations associated with equity.

LO2 – Distinguish between accounting policies, changes in accounting estimates and errors, and identify their effects on accounting procedures.

LO3 – Apply the recognition, measurement and disclosure criteria relating to provisions, contingent liabilities and assets, and events after the balance sheet date.

LO4 – Prepare and interpret the complete set of Financial Statements, especially the Statement of Changes in Equity, the Statement of Cash Flows and the Notes to the Financial Statements.

LO5 – Understand the accountability process, the applicable legal requirements and the evolution of corporate reporting, including non-financial and sustainability reporting.

LO6 – Understand the relationship between accounting profit, available profit and taxable income, identifying the main differences between them.

The competencies (C) to be developed by students are as follows:

C1 – Technical competence: ability to perform the accounting registration of corporate operations and ensure compliance with applicable accounting standards.

C2 – Critical thinking: ability to assess the impact of changes in accounting policies, errors, and events after the balance sheet date on the entity’s financial position.

C3 – Communication: develop oral presentation skills and technical substantiation on the reporting and accountability options of an entity.

C4 – Responsibility: ability to act ethically and responsibly in the handling of business information.

P1 – Equity Operations

1.1. Legal and Accounting Framework

1.2. Capital Modifications

1.3. Application of Results – Legal and Accounting Aspects

1.3. Revaluation of Non-Current Assets

P2 – Accounting Policies, Changes in Estimates and Errors

P3 – Provisions, Contingent Liabilities and Contingent Assets

P4 – Events after the Balance Sheet Date

P5 – Statement of Changes in Equity

5.1. Objectives and Structure

5.2. Preparation and Interpretation

P6 – Statement of Cash Flows

6.1. Objectives and Structure

6.2. Preparation and Interpretation

P7 – Accountability and Financial Reporting

7.1. Legal Obligation to Accountability

7.2. Accountability Documents

7.3. Corporate Reporting and its Evolution

P8 – Non-Financial Reporting

8.1. Sustainability Reporting

8.2. Corporate Governance

P9 – From Financial Reporting to Tax Reporting

9.1. From Accounting Income to Available Profit

9.2. From Accounting Income to Tax Base – Deferred Taxes

NAO