117-0308/01 – Accounting of the Insurance Companies (UP)
| Gurantor department | Department of Accounting and Taxes | Credits | 4 |
| Subject guarantor | Ing. Marie Lichnovská, Ph.D. | Subject version guarantor | Ing. Marie Lichnovská, Ph.D. |
| Study level | undergraduate or graduate | Requirement | Choice-compulsory |
| Year | 5 | Semester | winter |
| | Study language | Czech |
| Year of introduction | 2004/2005 | Year of cancellation | 2012/2013 |
| Intended for the faculties | EKF | Intended for study types | Follow-up Master, Master |
Subject aims expressed by acquired skills and competences
Student will be able to
1. characterize the legislation of insurance companies
2. debate about the theoretical solutions of accounting in insurance companies
3. identify the specifics of insurance companies accounting
4. analyze the practical processes of insurance companies accounting
Teaching methods
Lectures
Tutorials
Summary
The subject is focused on specificities of life and general insurance accounting, on generation and exhaustion of reserves, property bookkeeping, costs, incomes and economical result.
Compulsory literature:
Recommended literature:
Additional study materials
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:
Legal substance and signification of life and nonlife insurance companies.
Account classification of insurance companies, specificities of accounting.
Specificities of financial placement and his accounting.
Intangible and tangible property and ways of its accounting.
Cash values, inventory and their accounting.
Outstanding and liabilities from direct insurance and their security, other outstanding and liabilities.
Capital accounts and long-term liabilities.
Insurance company reserves, accounting of their creation and their usage of share reinsurer including.
Costs and revenues of insurance company; temporal adjustment of costs and revenues.
Creation and usage economic results, financial statements.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction