117-0357/01 – Accounting (Ú)
| Gurantor department | Department of Accounting and Taxes | Credits | 5 |
| Subject guarantor | prof. Ing. Viola Šebestíková, CSc. | Subject version guarantor | prof. Ing. Viola Šebestíková, CSc. |
| Study level | undergraduate or graduate | Requirement | Compulsory |
| Year | 3 | Semester | winter |
| | Study language | Czech |
| Year of introduction | 2015/2016 | Year of cancellation | 2020/2021 |
| Intended for the faculties | EKF | Intended for study types | Bachelor |
Subject aims expressed by acquired skills and competences
1. To emphasize the importance of accounting as the enterprise financial
management tool.
2. To feature the importance of accounting operation in individual areas of
accounting.
3. To explain the differences of accounting and tax conception of costs and
revenues.
4. To clarify the connection and the impact of accounting operation to disclosed
financial statements.
Teaching methods
Lectures
Tutorials
Summary
The subject is aimed at getting students acquainted with the fundamentals of financial accounting and the importance of harmonization of accounting with the perspectives of its further development. An emphasis is laid on the linkage between keeping the accounting and accounting publishing through the statements of account.
Compulsory literature:
ACCOUNTING LEGISLATION IN 2011(2012). Accounting Act, Decree on Double-Entry Accounting, Czech Accounting Standards, Act on Auditors. Praha: Trade Links, 2011. 446 s.
CZECH TAXATION IN 2011 (2012). Volume I. Income Taxes, Reserves, Valuation, Investment Incentives. Praha: Trade Links, 2011. 399 s.
CZECH TAXATION IN 2011 (2012). Volume II. Value Added Tax, Excise Duties, Energy Taxes, Road Tax, Inheritance, Gift And Real Estate Transfer Taxes, Real Estate Tax, Tax Code. Praha: Trade Links, 2011. 526 s.
Recommended literature:
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.
Way of continuous check of knowledge in the course of semester
E-learning
Other requirements
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Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
Introduction to accounting.
Classification of assets, liabilities and equity, valuation, balance.
The importance of costs and benefits and their relation to balance sheet accounts.
Methodical and controls accounts. Account books.
Short-term investments.
Inventory.
Fixed assets.
Debtors and creditors.
Private and foreign capital.
Court costs and income characteristics.
Temporary accounts.
Reserves. Adjustments.
Annual Financial Statements.
Harmonisation of accounting.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction