| Code: | PGGE4 | Acronym: | CA |
| Teaching Area: | Accounting |
| Acronym | Study plan | Curriculum Years | ECTS | Contact hours | Total Hours |
|---|---|---|---|---|---|
| PGGEP | Plano de Estudos 2020 | 1º | 6 | 45 | 160 |
| Theoretical-Practical: | 34,50 |
| Orientação Tutorial: | 0,00 |
Teaching - Hours
|
Microsoft Office PowerPoint
SIPTA
Portuguese
Descriptive Summary of the curricular unit
The Accounting and Auditing curricular unit aims to provide students with relevant knowledge of Accounting and Auditing, particularly with the objective of understanding the data from the Financial Statements and, simultaneously, learning the procedures and working methods of an audit of the Financial Statements.
Objectives and learning outcomes
This curricular unit, through the exhibition of theoretical concepts, combined with examples and practical exercises, aims to achieve the following objectives:1 - To know the relevance and importance of the information provided by the accounting system established in companies for the decision-making of managers and other stakeholders;
2 - Know the normative planning of Accounting and Auditing in Portugal;
3 - Understand the Internal Control System and its importance for the organization and the auditor;
4 - Plan the work of a risk-based audit of the various classes of accounts.
5 - Understand the accountability process and audit reports.
Skills to develop
The student at the end must be able to: 1 - Understand Accounting as an information system and its usefulness for the economic decision of both managers and other stakeholders; 2- Analyze the Financial Statements ofacompany, including its auditreports; 3 - Understand the importance of the Internal Control System within an organisation and its impact on the planning of an audit; 4 - Planning a risk-based audit; 5 - Analyse and understand the financial statements of companies and the various types of audit reports.
1. Accounting and business
2. Portuguese Accounting Standards and System and International Audit Standards
3. The Internal Control System
4. Risk-based Audit
5. Accountability
6. Audit Reports
The 1st objective "To know the relevance and importance of the information provided by the accounting system established in companies for the decision-making of managers and other stakeholders" is addressed throughout chapters "1. Accounting and enterprise ","2. Accounting Standardization System and International Audit Standards " and"5. Accountability."
The 2nd objective "To know the normative ordering of Accounting and Auditing in Portugal" is mainly addressed in chapter 2. Accounting Standardization System and International Auditing Standards, in which the accounting and audit ing regulations and how audit work relates to accounting is exposed.
The 3rd objective "3 - Understanding the Internal Control System and its importance for the organization and the auditor" is addressed in more detail in chapter "3. The Internal Control System". It is intended that, through the analysis of the Internal Control System, risks to the entity and the auditor will be identified. In addition, the ways to mitigate these same identified risks will be analyzed.
Objective 4 "4 - Planning the work of a risk-based audit ofthe various classes of accounts " will be analyzedinchapter" 4 - Risk-based auditing", where one intends to give practical and joint expression of the knowledge acquired in isolation in the previous chapters.
Finally, objective 5 "5 - Understanding the accountability processand audit reports " will be analyzed jointly in the 5th and 6th of the program "5. Accountability" and"6. The Audit Reports" with the objective of, through practical cases, consolidating the knowledge acquired in chapters 1 to 4 of the program.
| International Federation of Accountants/Ordem dos Revisores Oficiais de Contas;Guia de aplicação das ISA - Conceitos fundamentais e orientação prática; trad. Ordem dos Revisores Oficiais de Contas, IFAC, 2018. ISBN: 978-989-20-8990-4 |
| Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan;Auditing and Assurance Services: An Integrated Approach, Pearson education Limited, 2016. ISBN: 1292147873 |
| Rodrigues, João;Sistema de Normalização Contabilística Explicado , Porto editora, 2016. ISBN: 978-972-0-00032-3 |
| António Borges, Rogério Rodrigues e José Azevedo Rodrigues;Elementos de Contabilidade Geral , Áreas Editora, 2014. ISBN: 9789898058874 |
| Baptista da Costa, Carlos;Auditoria Financeira: Teoria e Prática, Rei dos Livros, 2019. ISBN: 9789898823823 |
| SNC - Sistema de Normalização Contabilística, Porto Editora, 2017. ISBN: 978-972-0-01983-7 |
- Study of fundamental theoretical concepts needed to understand the lectured topics followed by practical exercises which aim at obtaining, simultaneously, two objectives: application of the theoretical concepts and the understanding of their practical usage in accounting and auditing;
- Case studies discussion, taking into account the underlying theoretical topics;
- Exercise follow-ups, all suggested exercises individual or group will be discussed.
Avaliação distribuída com exame final
| Description | Type | Time (hours) | Conclusion Date |
|---|---|---|---|
| Attendance (estimated) | Lessons | 45 | |
| Participação Presencial | 9 | ||
| Teste/Exame | 3 | ||
| Study | 103 | ||
| Total: | 160 |
Components:
- performance of 2 individual tests: weighting 75%, 37.5% each test.
- performance of work in software of the Computer System of Audit Work Papers (SIPTA) 25%
According to the general regulation:
a) The effective presence of students in classes will be subject to registration and, if the number of absences per student exceeds 30% of the total number of contact sessions foreseen for each course unit, it will be automatically transferred to the final assessment of the normal season;
b) In the written tests and in the defined evaluation elements, it is necessary to obtain a minimum score of 7.5 values;
c) If the student misses or obtains a classification lower than 7.5 values ¿¿in the tests or in the evaluation elements referred to in the previous number, he will be automatically transferred to the final evaluation of the normal season;
d) If the student misses or obtains a score lower than 7.5 in the second written test (carried out on the same date as the final written exam in the normal season), he / she may require registration for evaluation in the appeal period;
e) All written academic work provided for in the assessment (reports, case studies, etc.) must be submitted in the Turnitin database, available on ISAG's E-Learning platform, with a similarity rate of up to 30% being acceptable.
Individual written test, weighting 100%.
In order to achieve the objectives described above, the classes include the presentation of theoretical contents where the Microsoft PowerPoint program is used. In the application of the contents taught, students are offered practical cases and exercises and in "PDF" format.