117-0331/07 – International Financial Reporting Standards (MUS)
| Gurantor department | Department of Accounting and Taxes | Credits | 4 |
| Subject guarantor | Ing. Jana Hakalová, Ph.D. | Subject version guarantor | Ing. Jana Hakalová, Ph.D. |
| Study level | undergraduate or graduate | Requirement | Compulsory |
| Year | 1 | Semester | summer |
| | Study language | Czech |
| Year of introduction | 2011/2012 | Year of cancellation | 2012/2013 |
| Intended for the faculties | EKF | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
Objectives:
Knowledge:
- to characterize the differences between Czech accounting and IAS/IFRS.
- to solve the accounting case studies according to IAS/IFRS.
- knowledge of selected english IAS/IFRS terminology.
Students will be able to:
- to define the individual conceptions used by IAS/IFRS Framework.
- to inegrate therir knowledge of Czech accounting and IAS/IFRS in case
studies.
- to consolidate thein knowledge of IAS/IFRS with practical turnover of particular
parts of statement of balances according to Czech accounting legislation to
IAS/IFRS statement of balances.
Teaching methods
Lectures
Summary
The object will familiarize the students with principle of reporting according to International accounting standards in comparison with Czech legislation. Students will develop the most selected International accounting standards IAS/IFRS, including their practical application on examples. The part of the lessons will be also the comparion of individual standard with valid Czech legislation and difference presentation in relation to IAS/IFRS.
Compulsory literature:
Recommended literature:
Additional study materials
Way of continuous check of knowledge in the course of semester
Tests and case studies
E-learning
Other requirements
Other conditions are not determined.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
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.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction