Accounting I

Objectives

The attendance of Accounting I course will allow students to gain insight about the company, what happens in day to day life in terms of accounting documents, in order to differentiate the various branches of accounting and its purpose, calculate the book value of the company and have the registration of accounting documents produced and received by the company.

At the end of this course, students should obtain the following qualifications:

1. Knowing the process of harmonization / national and international accounting standards;

2. Knowing the conceptual framework of financial reporting;

3. Recognize, measure, present and disclose balances, transactions and events relating to major assets, liabilities, expenses and income;

4. Know and apply fundamental accounting principles and concepts;

5. Understand the importance of accounting as a tool for monitoring the company's performance by internal and external users.

Program

Fundamental principles and concepts; Convergence accounting; Approval of the CNS; Conceptual Framework, Code of Accounts, net financial means, inventories and suppliers; operations with other expenses and income; Revenues and customers; tangible fixed assets, intangible assets, investment properties; obtained financing.

Teaching Methodologies

Classes are expository appealing to the use of slides.
The course contents are discussed exposing the legislation inherent in each. Then exercises are resolved to apply the concepts and rules highlighted in standardization.
To consolidate knowledge students will develop a term paper along with a written test used to evaluate students.

Bibliography

Sistema de Normalização Contabilística

Decreto-lei nº 158/2009 de 13 de Julho (aprovação SNC)

Declaração de Rectificação n.º 67-B/2009, de 11 de Setembro (alteração ao Decreto-Lei n.º 158/2009)

Portaria 1011/2009 de 9 de Setembro (código de contas)

Aviso 15652/2009 de 7 de Setembro (estrutura conceptual)

Portaria 986/2009 de 7 de Setembro (modelos de demonstrações financeiras)

Aviso 15655/2009 de 7 de Setembro (NCRF)

Aviso 15653/2009 de 7 de Setembro (NI)

Aviso 15654/2009 de 7 de Setembro (NCRF PE)

Decreto Regulamentar 25/2009 de 14 de Setembro (Regime de amortizações e depreciações)