Publication in the Diário da República: Despacho n.º 9750/2021 - 06/10/2021
5 ECTS; 1º Ano, 2º Semestre, 42,0 TP + 14,0 OT , Cód. 602916.
Lecturer
- Bruno Manuel de Almeida Santos (1)(2)
(1) Docente Responsável
(2) Docente que lecciona
Prerequisites
Not applicable.
Objectives
The aim is to introduce various techniques for analyzing accounting information, supported by maps, graphs, and economic-financial indicators that allow for the diagnosis of the company's main strengths and weaknesses. In this way, it is expected to contribute to the development of skills that enable students to identify and enhance the structural balance of companies in both the short and medium term, follow current management policies, increase profitability by acting on critical areas, reduce risk in its various aspects, and decide on business growth and financing policies.
Program
1. Accounting as an information system useful for management and financial decision-making.
2. Economic and financial analysis and financial management
2.1. Financial management
2.1.1. Role of the financial manager
2.1.2. Objectives to be achieved in management
2.1.2. Economic and financial vision
2.1.3. Value creation
2.1.4. Opportunity cost in resource allocation
2.1.5. Optimal capital structure
3. Risk, profitability and value
3.1.1. Cash flow vs. profit
3.1.2. Value creation
3.1.3. Agency problems
3.1.4. Financing strategies
4. Working capital management
4.1. Structure of applications and sources of funds
4.2. Working capital
4.3. Liquidity
4.4. Treasury balance
4.5. Types of financial structures
5. Investment and financing policies
5.1. Investment Financing
5.2. Financing Strategies
5. Return and Risk of Invested Capital
5.1. Cost Structure
5.2. Economic Return
5.3. Financial Return
5.4. Overall Risk
6. Investment Concepts
7. Dividend Policy
Evaluation Methodology
Two written exams, each weighted at 50% (minimum grade of 7).
If students
receive a grade lower than 7 on the first written exam, they are automatically admitted to the exam. If
they receive a grade lower than 7 on the second written exam, they are automatically admitted to the exam, with
the final grade equal to the grade of the second exam. Students with a grade lower than 10
on the continuous assessment are admitted to the exam.
Written exam during exam periods.
Bibliography
- Brealey, R. e Myers, S. (2011). Principles of Corporate Finance. (Vol. ). : McGraw-Hill
- Ferreira, P. e Da Silva, J. (2014). Principios de Gestao Financeira. Venda do Pinheiro: Rei dos Livris
- Neves, J. (2012). Análise Financeira: uma visão integrada. Lisboa: texto editora
- Silva, E. (2018). Relatório económico-financeiro - Análise de casos. Porto: Vida Económica
Teaching Method
Theoretical and practical classes: a) Expository method, using audiovisual aids; b) Participatory method, using case study discussions.
Software used in class
Not applicable.
