PUBLIC SECTOR ACCOUNTING

International Teaching PUBLIC SECTOR ACCOUNTING

0212700166
DEPARTMENT OF MANAGEMENT & INNOVATION SYSTEMS
EQF6
BUSINESS MANAGEMENT
2021/2022



YEAR OF DIDACTIC SYSTEM 2014
PRIMO SEMESTRE
CFUHOURSACTIVITY
1030LESSONS
Objectives
THIS COURSE AIMS TO PROVIDE A DEEP UNDERSTANDING OF PUBLIC-SECTOR ACCOUNTING TOOLS AND REGULATION. TO THIS END KNOWLEDGE OF THE DIFFERENT ACCOUNTING SYSTEMS AND THEORETICAL FRAMEWORKS WILL BE DISCUSSED.
STUDENTS WILL HAVE THE ABILITY TO DISCUSS PUBLIC-SECTOR ACCOUNTING TOOLS ABOUT THEIR CHARACTERISTICS AND INFORMATION THEY PROVIDE, AS WELL AS THE ABILITY TO ASSESS THEIR CONTRIBUTION TOWARDS INTERNATIONAL HARMONISATION.
Prerequisites
BASIC KNOWLEDGE OF ACCOUNTING
Contents
PART I (15 H.): APPROACHES TO PUBLIC SECTOR ACCOUNTING AND REPORTING IN EUROPE. HISTORY OF PUBLIC SECTOR ACCOUNTING & ALTERNATIVES. DIFFERENCES BETWEEN PRIVATE AND PUBLIC SECTOR ACCOUNTING. BUDGETS AND BUDGETARY ACCOUNTING. THEORETICAL APPROACHES TO FINANCIAL ACCOUNTING PURPOSES AND PRINCIPLES.
PART II (15 H.): DIFFERENT PERSPECTIVES IN PUBLIC SECTOR ACCOUNTING HARMONISATION: IFRS, GFS AND IPSAS. IPSAS: HISTORY – SPREAD – USE. IPSAS CONCEPTUAL FRAMEWORK AND VIEWS ON SELECTED NATIONAL FRAMEWORKS. REPORTING COMPONENTS AND RELIABILITY ISSUES. OVERVIEW OF IPSAS ON PUBLIC SECTOR SPECIFIC TOPICS. IPSAS: CASE STUDY. CONSOLIDATED FINANCIAL STATEMENTS. CONSOLIDATION METHODS. PUBLIC SECTOR ACCOUNTING FUTURE CHALLENGES: EPSAS OUTLOOK.
Teaching Methods
THE COURSE LASTS 30 HOURS (10 ECTS) AND IS ESSENTIALLY BASED ON LECTURES AND DISCUSSION OF CASE STUDIES. THE MAIN TOPICS ARE AS FOLLOWS:

-PUBLIC-SECTOR ACCOUNTING SYSTEMS. PRIVATE VS PRUBLIC SECTOR ACCOUNTING (6 HOURS)
-BUDGETS AND BUDGETARY ACCOUNTING (4 HOURS)
-THEORETICAL FRAMEWORKS AND ACCOUNTING STANDARDS (6 HOURS)
-OVERVIEW ON PUBLIC SECTOR SPECIFIC TOPICS (6 HOURS)
-CONSOLIDATED FINANCIAL STATEMENTS (6 HOURS)
-EUROPEAN PUBLIC SECTOR ACCOUNTING STANDARDS (2 HOURS).

ATTENDING THE COURSE IS MANDATORY.
Verification of learning
THE ACHIEVEMENT OF THE COURSE’S OBJECTIVE IS CERTIFIED THROUGH AN ORAL TEST. FINAL GRADE IS EXPRESSED IN 30/30. THE EXAMS WILL TAKE PLACE FOLLOWING THE CALENDAR DEFINED AT THE BEGINNING OF THE ACADEMIC YEAR. THE MINIMUM GRADE IS 18/30. THE EXAM CONSISTS OF A DISCUSSION OF BOTH THEORETICAL CONCEPTS AND CASE STUDIES, TO ASCERTAIN THE KNOWLEDGE AND UNDERSTANDING ABILITIES ACQUIRED, AS WELL AS THE USE OF TECHNICAL LANGUAGE AND THE ABILITY TO ORGANIZE CONCEPTS.
Texts
LORSON, P.C., JORGE, S., HAUSTEIN, E. (2019), EUROPEAN PUBLIC SECTOR ACCOUNTING, COIMBRA UNIVERSITY PRESS
More Information
SLIDES, ARTICLES AND CASE STUDIES MADE AVAILABLE ON THE WEB SITE.
  BETA VERSION Data source ESSE3