Financial accounting

Ideally, knowledge related to accounting information (acquired in a technical-professional context, secondary education or professional experience).

The following teaching methodologies are used:

1) verbal methodologies (say), using the pedagogical resources: exposure, explanation and dialogue;

2) intuitive methodologies (show), using the pedagogical resources: demonstration and audiovisual;

3) active methodologies (do), using the pedagogical resources: resolution, individual or group, of practical cases.

At the end of this curricular unit, the student is expected to be able to:

a) Recognize the role of financial accounting as an information system for a wide range of internal and external users;

b) Identify the branches, objectives and usefulness of accounting;

c) Identify the accounting framework applicable to each entity;

d) Recognize and record relevant documentation in accounting terms;

e) Prepare and interpret accounting information.

1. Introduction

1.1. Financial accounting evolution. Current normalization levels

1.2. Accounting branches. Financial accounting objectives and its users

1.3. Fundamental concepts

1.3.1. Patrimony: notion and constituent elements

1.3.2. The fundamental accounting equation

1.3.3. Exchangeable and modifying patrimony facts

1.3.4. Cost, expense and payment. Income, revenue and receipt

1.3.5. Balance sheet: different aggregations of patrimonial masses

1.3.6. The account: notion, constituent parts and graphical representation

1.3.7. Account movement rules. The double entry method

1.3.8. Conceptual framework

2. Accounting movements, supporting documentation and measurement criteria

2.1. Class 1 – Liquid financial means

2.2. Class 2 – Receivable and payable accounts

2.3. Class 3 – Inventories and biological assets

2.4. Class 4 – Investments

2.5. Class 5 – Capital, reserves and retained earnings

2.6. Class 6 – Costs

2.7. Class 7 – Incomes

2.8. Class 8 – Results

3. Year-end operations and financial statements

1. The approval in the curricular unit can be obtained by two processes:

a) Periodic evaluation, consisting of three tests:

(1) The first will have a weighting of 30% in the final grade;

(2) The second will have a weighting of 35% in the final grade;

(3) The third will be carried out on the date set for that purpose by the competent body, and will have a weighting of 35% in the final grade.

(4) The first and the second test focus on the contents taught until the week preceding its realization;

(5) For approval, the weighting of the three tests must result in a minimum score of 9,5 values and no minimum score is required in any test.

b) Evaluation by exam, which consists of an exam on the entire program of the curricular unit, to be carried out in periods: (1) normal, (2) appeal, (3) special or (4) extraordinary, which may to be defined by legally and statutory competent bodies, with a minimum classification of 9,5 values for approval.

2. All referred classifications are reported on a scale from zero (0) to twenty (20) values.

3. In accordance with article 23 of the IPC CTeSP Academic Regulation, as a rule, assessment and approval under a periodic assessment regime will depend on attendance at least 75% of the class hours elapsed since the date of enrollment and registration. For assessment and approval by exam, that percentage is 50%.

4. Omissions and doubts regarding interpretation will be resolved in accordance with the Academic Regulation of CTeSP of Escola Superior de Tecnologia e Gestão de Oliveira do Hospital and / or in accordance with the Academic Regulation of CTeSP of Instituto Politécnico de Coimbra

NAO