Accounting I

Not applicable

Theoretical-practical classes: theoretical exposition of the syllabus with slides to be made available on the Inforestudante platform; accompanied by the resolution of practical cases particularly suitable to complement the issues developed in the theoretical exposition.

The Accounting I curricular unit aims to introduce the basic concepts of financial accounting that will be complemented in the Accounting II curricular unit. It is intended to provide students with the main theoretical foundations and practical procedures that allow them to prepare and interpret the main financial statements and recognize the importance of accounting as an information system.

At the end of the course, students should acquire the following skills:

1. Understand the purpose and importance of financial accounting within the information and management systems of economic units;

2. Understand the accounting model, the structure and content of the balance sheet and income statement and the procedures underlying its preparation;

3. Understand the fundamental concepts inherent to accounting standards and know how to consult and understand some of the Financial Reporting Accounting Standards.

1. Introduction to accounting

1.1. Accounting Objectives

1.2. Fundamental accounting concepts

1.3. Portuguese accounting standardization

1.4. The Conceptual Framework

2. Net Financial Resources

2.1. General notions

2.2. Cash flow

2.3. Bank deposits

3. Purchases and sales

3.1. General notions

3.2. Sales and other customer operations

3.3. Purchasing and other operations with suppliers

3.4. Value Added Tax in accounting for operations

4. Inventories

4.1. General notions

4.2. Valuation criteria

4.3. Inventory Systems

NAO

1. 1. Costa, C.B, & Alves, G.C. (2021). Contabilidade Financeira (10ª Ed.). Rei dos Livros

   2. Borges, A., Rodrigues, R., Rodrigues, A., & Rodrigues, J.A. (2021). Elementos de Contabilidade Geral (27ª Ed.) Áreas Editora.

   3. Rodrigues, J. (2021). SNC – Sistema de Normalização Contabilística Explicado (8ª Ed.). Porto Editora

   4. Nabais, C., & Nabais, F. (2021). Prática Contabilística (7ª Ed.). Lidel.

   5. Notes made available by the teachers.