Corporate Finance

Financial Accounting

The teaching of the curricular unit is based on recent research materials and on experience gained through practice. The pedagogy of the course is strongly interactive. It seeks substantial student participation and know-how-based learning. Teaching methods include group discussion of real cases and individual elaboration of pedagogical exercises. Emphasis is placed on helping students relate concepts, ideas and theories to actual practice.

The objective of this curricular unit is to enable the student to grasp the fundamental concepts and principles of financial analysis and management of companies, providing the basis for the rationalization of companies’ financial problems.
The skills to acquire:
At the end of the curricular semester, students should be able to:
– Understand and interpret the main accounting financial statements of a company;
– Use the necessary technical and instrumental skills in the economic and financial analysis of companies;
– Use the technical skills capable of proposing investment financing solutions

INTRODUCTION
1.1 The finance function in the company

1.2 Objectives of business finance

2 BALANCE AND PROFITABILITY

2.1 The equity approach to financial balance: fundamental concepts

2.2 From the accounting balance to the balance sheet for financial analysis

2.3 Main indicators of financial balance

2.4 Limitations of the equity approach

2.5 The Functional approach

2.6 Concept and types of profitability

2.7 Fundamental Equations of Profitability

2.8 Risk in organizations: measures and treatment

3- THE FINANCING OF COMPANIES

3.1 Factors to consider when choosing a funding source

3.2 Characterization of the main sources of short-term financing

3.3 Characterization of the main sources of medium and long-term financing

4. THE INVESTMENT DECISION

4.1 General principles of economic evaluation of the investment decision from a private perspective

4.2 Criteria for the economic evaluation of the investment decision

4.3 Sensitivity Analysis to Critical Success Factors

NAO

a)     Principal

 – Bastos, C. (2018). Finanças Empresariais-Teoria e Prática, Edições Sílabo.

– Fernandes, C., Peguinho, C., Vieira, E., Neiva, J. (2019). Análise Financeira-teoria e Prática. 5ª edição, Edições Sílabo.

– Ferreira, M., Mota, A., Nunes, J. P., Clementina, B., Inácio, P., & Oliveira, L. (2020), Finanças da Empresa – Teoria e Prática, 6ª edição, Edições Silabo.

-Neves, J.C. (2012). Análise e relato Financeiro, Texto Editores.

Robinson, T. (2020). International Financial Statement Analysis, John Wiley & Sons INC International Concepts.

 b)    Other References

 Barros, C. (2007). Avaliação Financeira de Projetos de Investimento, Escolar editora.

Bodie Z., Kane, A. and Marcus A. (2012). Essentials of Investments, McGraw Hill, 9th Edition

Hawawini, G. and Viallet, C., 2011, Finance for Executives – Managing for Value Creation, South‑Western Cengage Learning

Brealey, R. A.; Myers, S. C. and Alen, F. (2013). Principles of corporate Finance, McGraw Hill, 11ª edition.

Neves, J. C. (2011). Avaliação e Gestão da Performance Estratégica da Empresa, 2ª Edição, Texto Editores.

Esperança, J.P. e F. Matias, (2009) Finanças Empresariais, Editora Dom Quixote.

Glaucos A. B., & José H. P.J. (2015). Elaboração e Análise das Demonstrações Financeiras, Atlas.

 Lawrence Revsine; Daniel Collins; Bruce Johnson; Fred Mittelstaedt and Leonard Soffer (2018), Financial Reporting and Analysis 7^th Edition, McGraw-Hill.

Martin S. F & Fernando A. (2011). Financial Statment Analysis: A Pratitioner´s Guide, 4th edition, Wiley Finance.

Vieira, E. R. Valente e M. Madaleno (2012). Risco Financeiro, Ed Sílabo

 Watson, D., & Head, A. (2019). Corporate Finance-Principles and Practice, eighth edition, Pearson.

Silva, V., J., e P. Ferreira (2014). Princípios de Gestão Financeira, Rei dos Livros.

Robert, H. (2018). Analysis for Financial Management. 12^th Edition, Macgraw-Hill.

Robinson, T. R., Henry, E., Pirie, W. L. and Broihahn, M. A. (2012), International Financial Statement Analysis, John Wiley & Sons, Inc.

Ross, S.; Westerfield R. and Jaffe, J. (2010). Essentials of Corporate Finance Corporate Finance, McGraw-Hill Education, 7ª edition.

Schoenmaker, D. & Schramade, W. (2019). Principles of Sustainable Finance, Oxford, United Kingdom.