634-2008 – Financial Accounting I (FU I)

Gurantor department	Department of Economics and Management in Industry
Subject guarantor	prof. Ing. Jana Buchtová, CSc.
Study level	undergraduate or graduate

Subject version
Version code	Year of introduction	Year of cancellation	Credits
634-2008/01	2014/2015	2021/2022	6
634-2008/02	2014/2015	2020/2021	6

Subject aims expressed by acquired skills and competences

The student will know the basics of double-entry accounting system for enterpise. He can read the financial statements - balance sheet and profit and loss statement.

Teaching methods

Lectures
Tutorials

Summary

The Financial Accounting I. is teaching the students the basics of double-entry bookkeeping, i.e. to understand the balancing principle, the structure of balance-sheet and profit and loss account, the basic entries accounting and generally accepted accounting principles.

Compulsory literature:

[1] BAKER, R.E., LEMBKE, V.C., KING, T.S., JEFFREY, C.: Advanced Financial Accounting, McGraw-Hill/Irwin, 2007.

Recommended literature:

[1] LARSON, K.D., MILLER, P.B.W.: Financial Accounting, Irwin 1995. [2] ROBERTS, C., WEETMAN, P., GORDON, P.: International Financial Accounting: A Comparative Approach, Pearson Education, 2002. [3] International Financial Reporting Standards (IAS/IFRS).

Additional study materials

Study supports in the EduDocs system

Prerequisities

Subject code	Abbreviation	Title	Requirement
634-2004	EP	Economics of an Enterprise	Compulsory

Co-requisities

Subject has no co-requisities.