Micro-credential in Introduction to Accounting with IRC

At the end of the training, the trainees should be able to:
• Identify the fundamental accounting concepts (assets, liabilities, equity, expenses, income, and results).
• Understand the logic of double-entry bookkeeping and make basic entries based on documents.
• Organize and classify accounting documents and recognize minimum support requirements.
• Record current operations (purchases, sales, receipts, payments, cash/bank, VAT in general terms, simple accruals and deferrals).
• Read trial balances and interpret basic financial statements (Balance Sheet and Income Statement).
• Explain the relationship between accounting and taxation in the calculation of Corporate Income Tax (accounting result vs. taxable profit).
• Introduce the main tax adjustments and reporting obligations related to Corporate Income Tax.
• Complete a mini practical case of the accounting cycle and a simplified Corporate Income Tax calculation.

Students or workers who are interested and wish to develop their knowledge and skills in this training area.

Not applicable

Portuguese Language

At the end of the training, the trainees should be able to: • Identify the fundamental accounting concepts (assets, liabilities, equity, expenses, income, and results). • Understand the logic of double-entry bookkeeping and make basic entries based on documents. • Organize and classify accounting documents and recognize minimum support requirements. • Record current operations (purchases, sales, receipts, payments, cash/bank, VAT in general terms, simple accruals and deferrals). • Read trial balances and interpret basic financial statements (Balance Sheet and Income Statement). • Explain the relationship between accounting and taxation in the calculation of Corporate Income Tax (accounting result vs. taxable profit). • Introduce the main tax adjustments and reporting obligations related to Corporate Income Tax. • Complete a mini practical case of the accounting cycle and a simplified Corporate Income Tax calculation.

Not applicable