117-0346/03 – Accounting of Capital Companies (ÚKS)

Gurantor departmentDepartment of Accounting and TaxesCredits5
Subject guarantorprof. Ing. Viola Šebestíková, CSc.Subject version guarantordoc. Ing. Dagmar Bařinová, Ph.D.
Study levelundergraduate or graduate
Study languageCzech
Year of introduction2012/2013Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
BAR36 doc. Ing. Dagmar Bařinová, Ph.D.
KRA601 Ing. Michal Krajňák, Ph.D., MBA
S1E20 prof. Ing. Viola Šebestíková, CSc.
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 define the accounting connection of establishing and changes in equity. 3. To explain the importance and impact of operations with securities and shares in business entities. 4. To emphasize the importance of determination and consideration of financial result from entity and associate position.

Teaching methods

Lectures
Tutorials

Summary

The aim of the course is to explain the interconnection between accounting focused on joint stock companies and limited liability companies with commercial law and the application of tax law. The related accounting transactions are mainly focused on the creation and changes of equity, operations with securities, interests and on determination and distribution of the profit or loss. Accounting operations and tax impacts are dealt with both from the perspective of a business corporation (with possible confrontation with partnership), as well as from the perspective of shareholders, resp. business corporation owners.

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 Accounting Standards 2003. International Accounting Standards Board. London, 2002. International Financial Reporting Standards 2010. International Accounting Standards Board. London, 2009. WEYGANDT, Jerry, KIMMEL, Paul and Donald KIESO. Financial Accounting: IFRS Edition. John Wiley&Sons. 2010. 848 p. ISBN 13978-0470-55200-1.

Recommended literature:

GRAY, Iain and Stuart MANSON. The Audit Process: principles, practice and cases. London: Van Nostrand Rheinhold,1989. 547 p. ISBN 0-278-00044-4. 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.

Way of continuous check of knowledge in the course of semester

E-learning

Další požadavky na studenta

Other specific requirements are not.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

Framework syllabus of lectures: 1. Characteristics of capital companies, their forms, mutual differences and specifics in comparison with partnership. 2. Establishment of capital companies by monetary and non-monetary contributions (movable, immovable property, receivables). 3. Possibilities of register capital increasing of capital companies (new subscription, from own sources, conditional increase). 4. Possibilities of registered capital reducing of capital companies (settlement of own shares, transfer to funds, to cover losses, with payment to shareholders). 5. Securities transactions held by a capital company (types, categorization, acquisition methods, valuation at acquisition and at the balance sheet date, sales, specifics of accounting and taxation). 6. Determining, taxing, reporting and distributing profit or loss in capital companies (including deferred tax, advance payments on profit shares). 7. Specific accounting operations of Ltd. (settlement share x release share, extra opt out of registered capital). 8. Financial statements and annual report, related parties report, audit of financial statements, disclosure 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 and Examination Credit and Examination 100 (100) 51
        Exercises evaluation Credit 40 (40) 21
                xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Written test 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.FormStudy language Tut. centreYearWSType of duty
2019/2020 (B6208) Economics and Management (6202R049) Accounting and Taxes P Czech Ostrava 3 Compulsory study plan
2018/2019 (B6208) Economics and Management (6202R049) Accounting and Taxes P Czech Ostrava 3 Compulsory study plan
2017/2018 (B6208) Economics and Management (6202R049) Accounting and Taxes P Czech Ostrava 3 Compulsory study plan
2016/2017 (B6208) Economics and Management (6202R049) Accounting and Taxes P Czech Ostrava 3 Compulsory study plan
2015/2016 (B6208) Economics and Management (6202R049) Accounting and Taxes P Czech Ostrava 3 Compulsory study plan
2014/2015 (B6208) Economics and Management (6202R049) Accounting and Taxes P Czech Ostrava 3 Compulsory study plan
2014/2015 (B6208) Economics and Management (6202R049) Accounting and Taxes (00) Accounting and Taxes P Czech Ostrava 3 Compulsory study plan
2013/2014 (B6208) Economics and Management (6202R049) Accounting and Taxes P Czech Ostrava 3 Compulsory study plan
2013/2014 (B6208) Economics and Management (6202R049) Accounting and Taxes (00) Accounting and Taxes P Czech Ostrava 3 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner