The course seeks to embrace and characterize the financial sector (banking and insurance) and non-financial (companies) in terms of accounting and regulatory norms. Additionally, we address the main aspects related to the structure and content of financial statements, as well as the recognition and measurement of assets, liabilities and equity instruments of both financial and non-financial entities.
Fábio Henrique Ferreira de Albuquerque
Weekly - Available soon
Total - Available soon
Portuguese. If there are Erasmus students, classes will be taught in English
Bessis, J. (2010). Risk Management in Banking., 3rd Edition, John Wiley & Sons.; Cuthbertson, K. e Nitzsche, D. (2001), Investments, Spot and Derivative Markets, John Wiley & Sons.; ALMEIDA, Rui M.P., ALMEIDA, Maria do Céu, DIAS, Ana Isabel, ALBUQUERQUE, Fábio, CARVALHO, Fernando, PINHEIRO, Pedro, (2010) ¿SNC Casos Práticos e Exercícios Resolvidos¿, (Volumes I e II), ATF ¿ Edições Técnicas, Lisboa.; ALMEIDA, Rui M.P., DIAS, Ana Isabel, ALBUQUERQUE, Fábio, CARVALHO, Fernando, PINHEIRO, Pedro, (2010), ¿SNC Explicado¿, (2ª Edição), ATF ¿ Edições Técnicas, Lisboa.; EPSTEIN, Barry J. & JERMAKOWICZ, Eva K. (2010), ¿IFRS ¿ Interpretation and Application of International Financial Reporting Standards¿, Wiley.
-Expositional and Questioning Method Active Methods and Case Studies
-Investigation projects and practical applications.
-Knowledge development and learning capability.
- Group Work Assignments (50% of final grade)
- Individual final written exam (50% of final grade, with a minimum grade of 8/20)
- Group Work Assignments (35% of final grade)
- Individual final written exam (65% of final grade, with a minimum grade of 8/20)
The learning units are proposed as follows:
LU1.The accounting standards : International accounting harmonization , the national accounting standard
LU2.The reporting of non-financial corporations: The structure and content of financial statements; Complete set of financial statements, Presentation of individual financial statements; disclosures; Events after the balance sheet date; Changes in accounting policies, changes in estimates and errors
LU3.Recognition and measurement of assets, liabilities and equity: Nonfinancial assets; Investments; Provisions in nonfinancial sector; Liabilities for post-employment benefits and Other related standards: Brief notions.
LU4.Off balance sheet items: Contingent assets and liabilities of non- financial corporations
LU5.The reporting of financial corporations: The structure and content of financial statements; Disclosures; mandatory disclosure requirements, the reporting of risk: Identification and quantification.
LU6.Standards and regulatory requirements and oversight mechanisms : European architecture of financial supervision, Solvency II, Basel III.
LU7.Analysis, valuation and Risk Management of Financial Instruments: Classification of financial assets and liabilities, complex financial products, banking and insurance products, methods of fair value computation; Derivative financial instruments: characterization, pricing models (forward contracts / futures, FRAs, options Plain vanilla / exotic options, swaps); Pricing fixed / floating rate instruments; Analysis of profitability and risk; contingent assets and liabilities of financial corporations.
Programs where the course is taught: