Accounting Theory II

Code:

LGE210

Acronym:

TC II

Keywords
Classification	Keyword
OFICIAL	Business Sciences

Instance: 2005/2006 - 2S

Active?	Yes
Web Page:	http://www.fep.up.pt/disciplinas/lge210/
Responsible unit:	Department of Management
Course/CS Responsible:	Business Administration

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
GES	213	Official Curricular Structure since 2004	2	3		-

Objectives

This subject is aimed at students already possessing good knowledge of the various financial statements and their preparation, and also of the recognition and valuation of assets, liabilities, equity, revenues and expenses. Its key objectives are:
i) The analysis of equity and its normative surrounding.
ii) The study of advanced topics on financial accounting.
iii) The preparation of students to the economic and financial analysis of organisations based on accounting information, including the interpretation of information from 'real life' financial statements.

Program

I) DEVELOPING THE STUDY OF EQUITY
a. Accounting Theory and Equity
b. Normative framework.
II) CONSOLIDATED FINANCIAL STATEMENTS
a. Reasons for, and objectives, of the consolidation of accounts
b. Definition of the consolidation perimeter
c. Methods of consolidation
d. Some typical operations in the consolidation process
III) NOTES TO THE FINANCIAL STATEMENTS
a. The importance of the notes
b. The normative framework.
IV) ECONOMIC AND FINANCIAL ANALYSIS OF ORGANISATIONS BASED ON ACCOUNTING INFORMATION
a. The analysis of sources and uses of cash-flows
b. Discussion and analysis of some financial indicators.

Main Bibliography

IASB - Conceptual Structure to the preparation and presentation of financial statements

Portuguese Official Plan of Accounting

'Breves Notas sobre Consolidação de Contas'
Barreiros, Joaquim

'Análise de rácios financeiros'
Farinha, Jorge

'Análise do cash-flow de empresas - empresas não financeiras'
Farinha, Jorge

Financial Accounting: a new perspective
Solomon, P.
Edit: McGraw Hill, Irwin

Complementary Bibliography

'Consolidação de Contas'
Silva, Amílcar Teixeira
Editora: Areal Editores, Lisboa

'Contabilidade Financeira'
Costa, C. B. e Alves, G. C.
Editora: Rei dos Livros

'Elementos de Contabilidade Geral'
Borges, A., Rodrigues, A. E Rodrigues, R.
Editora: Áreas Editora

International Accounting Standards (IAS)

Interpretations of SIC ('Standing Interpretations Commitee')

Portuguese commercial law and other legal documents (to specify during classes)

Portuguese 'Directrizes Contabilísticas'

Teaching methods and learning activities

Theoretical and practical classes

Evaluation Type

Evaluation with final exam