Accounting for Financial Institutions
Code
2178
Academic unit
null
Department
null
Credits
null
Teacher in charge
Paulo Fernandes e Sandra Paramés
Teaching language
Objectives
This course is dedicate to provide and understanding of the specifics of accounting and reporting for financial institutions. Particular emphasis is made on financial reporting standards relating to financial instruments, namely on: IAS 32, IAS 39 and IFRS 7.
Prerequisites
Subject matter
1. Financial Instruments
1.1. Financial assets
1.2. Financial liabilities and equity
1.3. Derivatives (including embedded derivatives)
1.4. Recognition and measurement
1.5. Impairment
1.6. Hedge accounting
1.7. Derecognition
1.8. Disclosures
Bibliography
Teaching method
Students are expected and required to active participate, both in class and in its preparation. Thought a teaching approach that mixes lecture presentations, case studies and class discussions, students will be challenged to develop its critical mindset and build up on the knowledge acquired in the understanding of financial reporting allowing students to interpret companies financial statements.
Evaluation method
-Final written exam: 60%, minimum mark 10/20.
-Class participation: 40%, for group work and their class presentation/discussion.