Sectorial Accounting and Accounts Consolidation

Accouting knowledge acquired in previous training

Exhibition; Interrogative; Statement and Active

The CU has two main objectives:
1. Knowing the specific accounting in some industries arising from national and international standards.
2. Understand concepts, methods and procedures in accounting of different investments and key aspects of
the consolidation of accounts in accordance with IASB standards adopted by the EU.
Students should acquire the following skills:
• Understand the accounting specificities derived from national standards applying to the public sector and
other national industry standards.
• Understand the rules set by the IASB standards for some industries.
• Identify the types of dependence between companies, which method of accounting is applied in each case
and companies that should consolidate.
• Understand the methodology to prepare consolidated financial statements (CFS), the effects of transactions
between companies and adjustments to determine the financial position and net income of the group.
• Develop and understand the CFS.

Part I. Sector-wide national accounting standards.
Chapter I.1 – Introductory aspects.
Chapter I.2 – The accounting standards of some public industries.
Chapter I.3 – Other industries accounting standards.
Part II. Sector-wide international accounting standards.
Chapter II.1 – Accounting and disclosures related to agricultural activity.
Chapter II.2 – Accounting and disclosures relating to the exploration and evaluation of mineral resources.
Part III. Accounting methods to financial investments, business combinations and consolidation of financial
statements according to IAS/IFRS.
Chapter III.1 – Introductory aspects.
Chapter III.2 – Business combinations.
Chapter III.3 – Consolidation of financial statements.
Chapter III.4 – Investments in associated companies.
Chapter III.5 – Investments in joint ventures.

Assessment focuses on all the components defined for the course: knowledge, skills and behaviour

1 - continuous assessment

The continuous assessment process is the result of the evaluations obtained in the following components:

A) Quality of presentations and discussions (knowledge and skills components).

B) Performance in the exam (knowledge components)

C) Attendance and active and relevant participation (behavioural component),

The conditions for approval by continuous assessment are:

- Completion of all assessment components;

- Obtaining a final mark ≥ 9.5

Calculation of the final mark = 0.7xA + 0.2xB+ 0.1xC.

2 - final exam (appeal period)

This type of assessment will consist of a written exam (PE) of 2 hours duration, covering all the material taught.

This system does not require minimum attendance.

Students who obtain a final mark of 9.5 or more (CF = PE) will pass.

Access:

- Choice.

- For not meeting the requirements for approval in continuous assessment.

NAO