117-0044/01 – Accounting of Banks and Insurance Companies (UBP)

Gurantor departmentDepartment of Accounting and TaxesCredits4
Subject guarantorIng. Šárka Kryšková, Ph.D.Subject version guarantorIng. Šárka Kryšková, Ph.D.
Study levelundergraduate or graduateRequirementChoice-compulsory
Year1Semestersummer
Study languageCzech
Year of introduction2013/2014Year of cancellation
Intended for the facultiesEKFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
KRY50 Ing. Šárka Kryšková, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit 2+1

Subject aims expressed by acquired skills and competences

1. To characterize the accounting entity, governed by notice no. 501/2002 Sb. 2. To characterize the accounting entity, governed by notice no. 502/2002 Sb. 3. To orientate in banks and insurance companies legislation. 4. To understand the diversity in accounting of banks and insurance companies.

Teaching methods

Lectures
Tutorials

Summary

The aim of the course is to familiarise students with the legislation and accounting procedures in case of accounting entities that are banks and insurance companies. Focus on the specifics of accounting in case of these entities and understand the differences from business entities accounting.

Compulsory literature:

CECCHETTI, Stephen G. and Kermit L. SCHOENHOLTZ. Money, Banking, and Financial Markets. 3rd ed. New York: MacGraw-Hill, 2011. p. 673. ISBN 978-0-07-122068-2. MISHKIN, Frederic S. The economics of money, banking, and financial markets. 11th ed. Boston: Pearson, 2016. ISBN 978-1-292-09418-2.

Recommended literature:

HULL, John. Risk management and financial institutions. 4th ed. Hoboken: Wiley, 2015. ISBN 978-1-118-95594-9. ROSE, Peter S. a Sylvia Conway HUDGINS. Bank management & financial services. 9th ed., McGraw-Hill international ed. New York: McGraw-Hill, 2013. ISBN 978-0-07-132642-1.

Way of continuous check of knowledge in the course of semester

E-learning

Další požadavky na studenta

Other conditions are not determined.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

Framework syllabus of lectures: 1. Characteristics of the banking system in the Czech Republic. 2. Czech National Bank - central bank and authority of financial supervision. 3. Chart of accounts and Czech Accounting Standards for banks - differences between the accounting procedures of banks and business entities. 4. Accounting procedures according to the individual accounting classes - accounting of cash operations and accounting with CNB, interbank payments and clients deposits, accounting of loans and adjustments to receivables, accounting of securities, settlement relations, accounting of fixed assets and inventories, accounting of provisions, expenses and income. 5. Annual accounts and financial statements and audit of financial statements. 6. Legislation rules of insurance companies and characteristics of insurance market entities. 7. Chart of accounts and Czech Accounting Standards for insurance companies - differences between the accounting procedures of insurance companies and business entities. 8. Accounting procedures according to the individual accounting classes - accounting of investments, i.e. financial investments, fixed assets and inventories, receivables and payables from insurance, other clearing relationships, equity, provisions, expenses and income. 9. Annual accounts and financial statements and audit of financial statements.

Conditions for subject completion

Full-time form (validity from: 2013/2014 Summer semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Exercises evaluation Credit 85 (85) 85
        Písemka Written test 85  85
Mandatory attendence parzicipation: Attendance at seminars is set at a minimum of 75%.

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.FormStudy language Tut. centreYearWSType of duty
2019/2020 (N0488A050004) Finance and Accounting (S02) Accounting and Taxes P Czech Ostrava 1 Compulsory study plan
2018/2019 (N6208) Economics and Management (6202T049) Accounting and Taxes P Czech Ostrava 1 Choice-compulsory study plan
2018/2019 (N6202) Economic Policy and Administration (6202T010) Finance P Czech Ostrava 1 Choice-compulsory study plan
2017/2018 (N6208) Economics and Management (6202T049) Accounting and Taxes P Czech Ostrava 1 Choice-compulsory study plan
2017/2018 (N6202) Economic Policy and Administration (6202T010) Finance P Czech Ostrava 1 Choice-compulsory study plan
2016/2017 (N6202) Economic Policy and Administration (6202T010) Finance P Czech Ostrava 1 Choice-compulsory study plan
2016/2017 (N6208) Economics and Management (6202T049) Accounting and Taxes P Czech Ostrava 1 Choice-compulsory study plan
2015/2016 (N6208) Economics and Management (6202T049) Accounting and Taxes P Czech Ostrava 1 Choice-compulsory study plan
2015/2016 (N6202) Economic Policy and Administration (6202T010) Finance P Czech Ostrava 1 Choice-compulsory study plan
2014/2015 (N6208) Economics and Management (6202T049) Accounting and Taxes P Czech Ostrava 1 Choice-compulsory study plan
2014/2015 (N6202) Economic Policy and Administration (6202T010) Finance P Czech Ostrava 1 Choice-compulsory study plan
2013/2014 (N6208) Economics and Management (6202T049) Accounting and Taxes P Czech Ostrava 1 Choice-compulsory study plan
2013/2014 (N6208) Economics and Management (6202T049) Accounting and Taxes (00) Účetnictví a daně P Czech Ostrava 1 Choice-compulsory study plan
2013/2014 (N6202) Economic Policy and Administration (6202T010) Finance P Czech Ostrava 1 Choice-compulsory study plan
2013/2014 (N6202) Economic Policy and Administration (6202T010) Finance (00) Finance P Czech Ostrava 1 Choice-compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner
Subject block without study plan - EKF - P - cs 2019/2020 Full-time Czech Optional EKF - Faculty of Economics stu. block