Overall objectives:

1 - To prepare students to, on the one hand, become familiar with accounting concepts, principles and standards and, at the same time, understand the importance of accounting for organizations and their stakeholders.
2 - Hold the knowledge of carrying out accounting records, preparing financial statements consistent with the conceptual structure and accounting standardization system in force.
3 - Address the issue of practicing the profession of Certified Accountant and respective Professional Deontology.

Syllabus:

1 - Introductory Accounting Concepts: main definitions and concepts. Objectives of Accounting and the relationship with business activity.
2 - Introduction to the Preparation and Presentation of Financial Statements Calculation and Income Statement. Ending balance. Brief illustration of the remaining maps of the Financial Statements. Notes on IRC registration.
3 - Accounting Method and Accounting Information Processing System Assets, Inventory and Balance Sheet. Property facts and the fundamental accounting equation. The account and the accounting entry: the digraphic method. The accounting process: Diary and Ledger. Trial Balance and Preliminary Balance Sheet.
4 - Accounting and Financial Reporting Standards - Reference Harmonization needs and national regulations (SNC). Account code. Characteristics, elements and maps of the Financial Statements. Supporting documents and accounting information.
5 - Accounting of Business Operations on the SNC Base 6. Statute and Professional Ethics of Certified Accountants (CC).

Literature/Sources:

Borges, B et al. , 2021 , Elementos de contabilidade geral, 27.ª ed. , Lisboa: Áreas
Rodrigues, J. , 2019 , Sistema de Normalização Contabilística : SNC explicado, 7.ª ed. , Porto: Porto Editora

Assesssment methods and criteria:

Classification Type: Quantitativa (0-20)

Evaluation Methodology:
Classification Type: Quantitative (0-20) The aim is to acquire and apply the knowledge foreseen in the objectives and syllabus contents. Periodic evaluation system, which implies carrying out two tests, with a weight of 50% in the calculation of the final grade for the regular season. Any of the frequencies may be recovered in a resource season, although a maximum of one.