Financial Reporting and Sustainibility

The programme will be developed using active methods, involving student participation and fostering a theoretical and practical perspective
on the accounting subjects covered and financial and non-financial reporting. Examples, practical cases and case studies will be used, with
a constant call for feedback from master’s students and debate, in order to encourage reasoning and critical thinking. A speaker is invited to
one of the classes to showcase research on a topic in the programme. Group work contributes to a greater link between theory and practice
and stimulates research.
The following teaching-learning methodologies (TM) will be used:
TM1 – Expository: theoretical exposition combined with the presentation of practical examples and/or the analysis of simulated or real
cases.
TM2 – Case Studies: this method provides a practical approach, encouraging reflection and the application of theoretical concepts through
the analysis and discussion of real cases based on the literature on the subject under analysis.
TM3 – Problem-Based Learning: for some subjects, financial information from companies proposed by the lecturer will be alysed in class
and interpreted in the context of the topics under study.
TM4 – Group Work: the preparation of group work aims to develop collaborative work skills, stimulate research by searching for and reading
articles to review the supporting literature and analysing business reports for the practical/applied part of the work.
TM5 – Autonomous Work: students’ autonomous work will be encouraged (for consolidation and deepening), preparation and/or
continuation of the work of the classroom sessions and tutorial accompaniment (to support learning).

Learning objectives (LO):
LO1. Contextualise the accounting requirements resulting from globalisation.
LO2. Analyse and discuss the new challenges in the preparation of business reports in the light of the European strategy.
LO3. Study some of the accounting standards to expand on the knowledge acquired in the degree, with an emphasis on the alternatives
and valuation rules allowed by the standards and their impact on the financial statements.
LO4. To study current trends in corporate reporting, regarding sustainability, corporate governance and integrated reporting.
LO5. Identify enforcement mechanisms in Portugal.
Competences to be developed (C):
C1. Understand the requirements of financial reporting, according to accounting standards.
C2. Understand the impact of the NCRF and IFRS on the P2 financial statements.
C3. Understand the new challenges and trends in non-financial reporting.
C4. Understand the Portuguese enforcement system.

P1 – Introductory aspects
1.1 International, European and national strategy on accounting standardisation.
1.2 The role of financial information in decision-making.
P2 – Financial reporting: study of some special topics
2.1 Intangible assets.
2.2 Revaluation model, fair value and impairment of assets.
2.3 Provisions, contingent assets and contingent liabilities.
2.4 Environmental matters.
2.5 Leases.
2.6 Financial investments: individual vs consolidated financial statements.
P3 – Trends in corporate reporting and sustainability
3.1 Sustainability reporting .
3.2 Corporate governance reporting.
3.3 Integrated reporting – the future?
P4 – Enforcement in corporate reporting
4.1 Enforcement system in Portugal .
4.2 Auditing, CMVM control and whistleblowing

NAO