117-0364/04 – Liquidation and insolvency proceedings (LIŘ)
| Gurantor department | Department of Accounting and Taxes | Credits | 5 |
| Subject guarantor | doc. Ing. Dagmar Bařinová, Ph.D. | Subject version guarantor | doc. Ing. Dagmar Bařinová, Ph.D. |
| Study level | undergraduate or graduate | Requirement | Compulsory |
| Year | 2 | Semester | winter |
| | Study language | Czech |
| Year of introduction | 2019/2020 | Year of cancellation | |
| Intended for the faculties | EKF | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
1st Evaluate the company in bankruptcy and proposed termination of its activities.
2nd Overview of current legislation.
3rd Develop an application for insolvency proceedings, including attachments.
4th Specify and evaluate flaws including the determination of their causes, which led the crisis of the company
Teaching methods
Lectures
Tutorials
Project work
Teaching by an expert (lecture or tutorial)
Summary
The aim of the course is to familiarise students with various forms of business activities termination with a focus on liquidation and bankruptcy proceedings including the definition of different specifications for the termination of business activities of business companies and self-employed persons in connection with commercial law and the Accounting Act with a focus on bankrupt and subsequently on insolvency proceedings. Specifics of debt relief as a personal bankruptcy. Comparison of personal bankruptcies in other countries of the world.
Compulsory literature:
Recommended literature:
Additional study materials
Way of continuous check of knowledge in the course of semester
zápočtový test včetně otevřených otázek
E-learning
opora MOODLE - přednášky, odkazy na webové stránky, podklady pro zpracování projektu
Other requirements
Other conditions are not determined.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
Framework syllabus of lectures:
1. Introductory lecture. Familiarisation with literature, aim and content of the course.
2. Receivables in the frame of liquidation and bankruptcy proceedings – legal, accounting and tax perspective.
3. Securitization of bad debts (credit, assignment, bills of exchange, arbitration, court proceedings, notarial deed).
4. Acknowledgement of the debt and its essentials, enforceable and unenforceable debt)
5. Receivables within liquidation and insolvency proceedings – legal, accounting and tax aspects.
6. Accounting and tax aspects of receivables in the process of liquidation and insolvency proceedings.
7. Selected questions of accounting and taxation at the dissolution of the company in liquidation.
8. Legal context in the insolvency proceedings.
9. Debt relief - proposal and its essentials, definition of conditions, forms of debt relief, permission and approval of debt relief, deadlines, course, application of creditors, practical example.
10. Reorganization - definition of basic terminology and definition of conditions for application in practice.
11. Monetization of assets in insolvency proceedings.
12. Accounting and tax context of insolvency proceedings.
13. Proportional distribution of assets from insolvency assets, a practical example of monetization of assets in bankruptcy.
14. Insolvency proceedings with a European international element. Application of Council regulation No 1346/2000/ EC on insolvency proceedings.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction