117-0310/05 – Accounting of Business Companies (ÚOS)

Gurantor departmentDepartment of Accounting and TaxesCredits5
Subject guarantordoc. Ing. Dagmar Bařinová, Ph.D.Subject version guarantordoc. Ing. Dagmar Bařinová, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Year2Semesterwinter
Study languageCzech
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
BAR36 doc. Ing. Dagmar Bařinová, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 2+2

Subject aims expressed by acquired skills and competences

1. To emphasize the connection of accounting, business and tax legislation in establishing the business company and at capital operations. 2. To clarify the substance of equity accounting operations in business entities. 3. To explain the importance and accounting of securities and shares in business entities. 5. To emphasize the differences of determination the financial result and its distribution according to individual forms of business entities.

Teaching methods

Lectures

Summary

The aim of the course is to provide comprehensive accounting solutions for cases involving significant ownership operations with the business as a whole, focusing on acquisitions and mergers. The emphasis is placed on the clarification of basic terminology, the projection of fundamental business-legal conditions and principles of valuation of assets and liabilities into the accounting of the involved persons including tax effects arising from ownership operations.

Compulsory literature:

ACCOUNTING LEGISLATION IN 2011(2012). Accounting Act, Decree on Double-Entry Accounting, Czech Accounting Standards, Act on Auditors. Prague: Trade Links, 2011. 446 p. International Financial Reporting Standards 2010. International Accounting Standards Board. London, 2009. PUTTICK, George and Sandy van ESCH. The Principles and Practice of Auditing. Juta and Company Ltd, 2008. 528 p. ISBN 978-0-7021-7268-7. WEYGANDT, Jerry, KIMMEL, Paul and Donald KIESO. Financial Accounting: IFRS Edition. John Wiley&Sons. 2010. 848 p. ISBN 13978-0470-55200-1.

Recommended literature:

ACCOUNTING LEGISLATION IN 2011(2012). Accounting Act, Decree on Double-Entry Accounting, Czech Accounting Standards, Act on Auditors. Prague: Trade Links, 2011. 446 p.

Way of continuous check of knowledge in the course of semester

E-learning

Other requirements

Other specific requirements are not.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. The nature and characteristics of ownership operations. 2. Valuation in transaction with business. 3. Accounting principles, financial statements, opening balance sheets and audits in transactions with business. 4. Acquisition (contribution, purchase of a business) - legal, accounting and tax aspects. 5. Mergers of business companies, eventually other forms of business companies’ transformation (transfer of assets to the partner, splitting). Common legal, accounting and tax base and differences of particular forms of transformations. 6. Change of legal form as a necessary operation for mergers of capital and private companies. 7. Case studies, practical applications of operations with business.

Conditions for subject completion

Full-time form (validity from: 2019/2020 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 40  21
        Examination Examination 60  30
Mandatory attendence parzicipation: Attendance at seminars is set at a minimum of 75%.

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2020/2021 (N0488A050004) Finance and Accounting (S02) Accounting and Taxes FUA P Czech Ostrava 2 Compulsory study plan
2019/2020 (N0488A050004) Finance and Accounting (S02) Accounting and Taxes FUA P Czech Ostrava 2 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner