117-0043/03 – International Financial Reporting Standards (IFRS)

Gurantor department	Department of Accounting and Taxes	Credits	5
Subject guarantor	Ing. Jana Hakalová, Ph.D.	Subject version guarantor	Ing. Jana Hakalová, Ph.D.
Study level	undergraduate or graduate
		Study language	Czech
Year of introduction	2016/2017	Year of cancellation	2020/2021
Intended for the faculties	EKF	Intended for study types	Follow-up Master

Instruction secured by
Login	Name	Tuitor	Teacher giving lectures
BAR36	doc. Ing. Dagmar Bařinová, Ph.D.
BAR55	Ing. Hana Bartková, Ph.D.
HAK30	Ing. Jana Hakalová, Ph.D.
KRA601	doc. Ing. Michal Krajňák, Ph.D.,MBA,LL.M.
PAL36	Ing. Marcela Palochová, Ph.D.
PS150	Ing. Yvetta Pšenková, Ph.D.
S1E20	prof. Ing. Viola Šebestíková, CSc.

Extent of instruction for forms of study
Form of study	Way of compl.	Extent
Full-time	Credit and Examination	2+2

Subject aims expressed by acquired skills and competences

The course will introduce students to the principles of accounting and reporting under international financial reporting standards in comparison with the Czech accounting practices. The course includes the most important currently in force updated the IAS / IFRS, including examples of practical applications. The interpretation will be compared with any standard applicable accounting regulations in the Czech Republic and the differences with the introduction of IAS/ IFRS.

Teaching methods

Lectures
Tutorials

Summary

The aim of the course is to familiarise students with the principles of reporting according to the International Financial Reporting Standards in comparison with Czech accounting practice. The students will learn the issue of selected international standards (IAS/IFRS) including their practical application on examples. Part of the lectures and seminars will be a comparison of each standard with the current accounting legislation in the Czech Republic and the introduction of differences in relation to IAS/IFRS.

Compulsory literature:

MACKENZIE, Bruce. Interpretation and Application of International Financial Reporting Standards. Hoboken: John Wiley & Sons, 2014. 1055 p. ISBN 978-1-118-73409-4. HAKALOVÁ, Jana, KRAJŇÁK, Michal, KRYŠKOVÁ, Šárka, LOSOVÁ, Miroslava, PALOCHOVÁ, Marcela a Yvetta PŠENKOVÁ. Účetnictví, audit, daně a pojistné v České republice v pojmech: česko-anglicky. Brno: Tribun EU, s.r.o., 2021. 100 s. ISBN 978-80-263-1627-5.

Recommended literature:

ALFREDSON, K. Applying international financial reporting standards. Milton: John Wiley & Sons, 2009. ISBN 978-0-470-81967-8.

Additional study materials

Study supports in the EduDocs system

Way of continuous check of knowledge in the course of semester

E-learning

Other requirements

Other conditions are not determined.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

Conditions for subject completion

Conditions for completion are defined only for particular subject version and form of study

Occurrence in study plans

Academic year	Programme	Branch/spec.	Form	Study language	Tut. centre	Year	Type of duty
2018/2019	(N6208) Economics and Management	(6202T049) Accounting and Taxes	P	Czech	Ostrava	1	Compulsory	study plan
2017/2018	(N6208) Economics and Management	(6202T049) Accounting and Taxes	P	Czech	Ostrava	1	Compulsory	study plan
2016/2017	(N6208) Economics and Management	(6202T049) Accounting and Taxes	P	Czech	Ostrava	1	Compulsory	study plan
2016/2017	(N6208) Economics and Management	(6208T037) Management	P	Czech	Ostrava	1	Choice-compulsory	study plan

Occurrence in special blocks

Block name	Academic year	Form of study	Study language	Year	W	S	Type of block	Block owner
Subject block without study plan - EKF - P - cs	2019/2020	Full-time	Czech				Optional	EKF - Faculty of Economics	stu. block

Assessment of instruction

2018/2019 Summer

2017/2018 Summer

2016/2017 Summer