Public Accounting
Cod: 61052
Department: DCSG
Scientific area: Management
Total working hours: 156
Total contact time: 15

This course addresses the key issues associated with the normalization of public accounting, integrating this issue with the budget administration and the management accounting.

Financial Accounting
Budget administration

•    To Interpret and evaluate the accounting records and ledgers;
•    To supervise the accounting department of an entity included in the Public Administration sector.

The public accounting standards in Portugal (SNC-AP)
A - Structural concepts
B – Accrual basis accounting
.    The structure of the financial statements
.    Accounting policies, changes in accounting estimates and errors
.    Intangible assets
.    Tangible fixed assets
.    Impairment of assets
.    Inventories
.    Construction contracts
.    Revenue from exchange transactions
.    Revenue from non-exchange transactions
.    Provisions, contingent liabilities and contingent assets
C - Budget accounting
.    The budget cycle: revenues
.    The budget cycle: expenses
D – Management accounting
.    Cost classification and determination of the production cost
.    Costing systems (full, rational and direct)
.    Direct versus indirect costs
.    The homogeneous section method
.    Activity based costing
E - Final statements of accountability
.    Budget statements
.    Financial statements
.    Notes to budget and financial statements


. Decree-law nº 192/2015 dated from 11th de September (Diário da República, 1st series, nº 178).
. Franco, Victor Seabra et alii, Temas de Contabilidade de Gestão - os custos, os resultados e a informação para a gestão, Lisboa, Livros Horizonte.
. “Considerações sobre a Contabilidade de Gestão no SNC-AP”, Contabilista (review published by  Ordem dos Contabilistas Certificados), nº 192, março 2016, pp. 53-55.

  • Nunes, A., Rodrigues, L. & Viana, L., O Sistema de Normalização Contabilística: Administrações Públicas – Teoria e Prática, Coimbra, Almedina.
  • Carvalho, J. et alii, Contabilidade orçamental pública de acordo com o SNC-AP, Lisboa, Áreas Editora.
  •  “O reconhecimento das despesas com investigação e desenvolvimento no SNC-AP e no SEC 2010”, Contabilista (review published by Ordem dos Contabilistas Certificados), nº 235, October 2019, pp. 40-44.


Continuous assessment is privileged: 2 digital written documents (e-folios) during the semester (40%) and a final digital test, Global e-folio (e-folio G) at the end of the semester (60%). In due time, students can alternatively choose to perform one final exam (100%).

Good knowledge of Financial Accounting and of Management Accounting is a prerequisite for the adequate comprehension of this course unit.