Teaching GuideTerm Faculty of Economics and Business |
Grao en Administración e Dirección de Empresas |
Subjects |
Financial Accounting II |
Contents |
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Identifying Data | 2024/25 | |||||||||||||
Subject | Financial Accounting II | Code | 611G02018 | |||||||||||
Study programme |
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Descriptors | Cycle | Period | Year | Type | Credits | |||||||||
Graduate | 2nd four-month period |
Second | Obligatory | 6 | ||||||||||
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Topic | Sub-topic |
PART I: FINANCIAL ACCOUNTING AS A PART OF A COMPANY'S INFORMATION SYSTEM | PART I |
Financial accounting as an information system for external users: Accounting standards |
Concept and importance. Spanish and international accounting standards The Spanish General Accounting Plan (PGC) |
Financial Accounting: An information system for business management |
The account as the base element of the internal information system Customised chart of accounts Best practices |
PART II. FINANCIAL ACCOUNTING ISSUES FOR ELEMENTS OF THE FINANCIAL STATEMENTS | PART II |
Inventories | Concept, classification and accounting methods. Recognition of purchases and problems with their measurement. Recognition of revenue from sales and provision of services and its measurement: .- identification of the obligations to be fulfilled derived from the sales contract. .- distribution of the transaction price. .- fulfillment of the obligation at a moment in time/over time. |
Trade payables and trade receivables |
Concept and classification Recognition and measurement. Management and trade of collection rights Factoring operations. Trade operations in foreign currency |
Non current assets | Tangible and intangible assets: concept and classification. Recognition. Measurement: acquisition cost and production cost Amortisation of fixed assets. Disposal of fixed assets. |
Assets value adjustments: impairment |
Recognition and measurement: the prudence principle. Impairment of current assets. Impairment of non current assets. |
Financial instruments | Concept and classification Recognition and measurement Assets and liabilities at amortised cost. Leases accounting. |
Provisions | Concept Recognition and measurement Long term and short term provisions |
Income tax | General considerations. Income tax expense recognition The balance sheet liability method. |
Equity and other non-refundable financing | Shareholders contributions. Reserves Grants |
Contas anuais | As contas anuais Balance Conta de Perdas e ganancias Memoria |
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