Financial Accounting for the Management

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 concepts, principles, and methods of financial accounting as an information system to support management and financial reporting.

LO2 – Understand Portuguese accounting standards, framing them within the context of international accounting harmonization and identifying their respective advantages, limitations, and challenges.

LO3 – Understand the conceptual framework underlying the preparation and presentation of financial statements, as well as the main applicable standards.

LO4 – Apply recognition and measurement criteria to the main current operations, operations with non-current assets and liabilities, and operations with equity, in accordance with the Accounting Standardization System.

LO5 – Execute the procedures for closing the accounting period and prepare the main financial statements of an entity.

LO6 – Relate accounting standards to real-world situations, developing a critical understanding of the financial information produced by organizations.

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

C1 – Interpret and apply the Accounting Standardization System and its fundamental principles for financial reporting.

C2 – Recognize and measure the main accounting operations in accordance with current regulations.

C3 – Perform account closing procedures and prepare the financial statements of an entity.

C4 – Analyze and interpret accounting and financial information to support decision-making and understand the economic and financial reality of organizations.

C5 – Relate accounting benchmarks to practical problems and situations, justifying the options adopted based on applicable standards.

C6 – Develop autonomy in research, selection and use of accounting and financial information, as well as the ability to critically analyze and solve problems.

P1 – Introduction, basic concepts and accounting method.

P2 – Accounting standardization.

P3 – Conceptual framework for the preparation and presentation of financial statements.

P4 – Recognition and measurement of current operations.

P5 – Recognition and measurement of investments.

P6 – Financing operations.

P7 – Equity.

P8 – Closing operations.

P9 – Financial Statements.

NAO