117-0364/04 – Liquidation and insolvency proceedings (LIŘ)

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.
RAN03 Ing. Kateřina Krzikallová, Ph.D.
ULM0022 Ing. David Ulmann
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit 2+2

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

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:

ROSE, Paul. Money and Capital Markets. 11th ed. Boston: McGraw-Hill Education,2021. 736 p. ISBN 978-126-4120-62-8. STIGLITZ, Joseph E. and Jay K. ROSENGARD. Economics of the Public Sector. 4th ed. New York: W. W. Norton & Company, 2015. 923 p. ISBN 978-0-393-93709-1.

Recommended literature:

BĚLOHLÁVEK, Alexander J. EU and international insolvency proceedings:Regulation (EU) 2015/848 on insolvency proceedings. Commentary. Vol. I., II. 1 st edition. The Hague: Lex Lata, 2020. ccllxxi + 1887 p. ISBN 978-90-829824-3-5. MARTOCCHIO, Joseph J. Employee Benefits: a Primer for Human Resource Professionals. 5th ed. New York, NY: McGraw-Hill/Irwin, 2014. 381 p. ISBN 978-0-07-802948-6.

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

Full-time form (validity from: 2019/2020 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of pointsMax. počet pokusů
Credit Credit 85 (85) 85 3
        projekt Project 85  85 2
Mandatory attendence participation: Attendance at seminars is set at a minimum of 75%.

Show history

Conditions for subject completion and attendance at the exercises within ISP: Elaborated seminar paper, credit paper and exam. Participation in exercises is optional.

Show history

Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2024/2025 (N0488A050004) Finance and Accounting (S01) Finance P Czech Ostrava 2 Choice-compulsory type B study plan
2024/2025 (N0488A050004) Finance and Accounting (S02) Accounting and Taxes P Czech Ostrava 2 Compulsory study plan
2024/2025 (N0413A050014) Economics and Management (S03) Economics and Law in Business P Czech Ostrava 2 Compulsory study plan
2023/2024 (N0488A050004) Finance and Accounting (S01) Finance P Czech Ostrava 2 Choice-compulsory type B study plan
2023/2024 (N0488A050004) Finance and Accounting (S02) Accounting and Taxes P Czech Ostrava 2 Compulsory study plan
2023/2024 (N0413A050014) Economics and Management (S03) Economics and Law in Business P Czech Ostrava 2 Compulsory study plan
2022/2023 (N0413A050014) Economics and Management (S03) Economics and Law in Business P Czech Ostrava 2 Compulsory study plan
2022/2023 (N0488A050004) Finance and Accounting (S01) Finance P Czech Ostrava 2 Choice-compulsory type B study plan
2022/2023 (N0488A050004) Finance and Accounting (S02) Accounting and Taxes P Czech Ostrava 2 Compulsory study plan
2021/2022 (N0488A050004) Finance and Accounting (S01) Finance P Czech Ostrava 2 Choice-compulsory type B study plan
2021/2022 (N0488A050004) Finance and Accounting (S02) Accounting and Taxes P Czech Ostrava 2 Compulsory study plan
2021/2022 (N0413A050014) Economics and Management (S03) Economics and Law in Business P Czech Ostrava 2 Compulsory study plan
2020/2021 (N6208) Economics and Management (6202T049) Accounting and Taxes P Czech Ostrava 2 Compulsory study plan
2020/2021 (N0488A050004) Finance and Accounting (S01) Finance P Czech Ostrava 2 Choice-compulsory type B study plan
2020/2021 (N0488A050004) Finance and Accounting (S02) Accounting and Taxes P Czech Ostrava 2 Compulsory study plan
2020/2021 (N0413A050014) Economics and Management (S03) Economics and Law in Business P Czech Ostrava 2 Compulsory study plan
2019/2020 (N6208) Economics and Management (6202T049) Accounting and Taxes P Czech Ostrava 2 Compulsory study plan
2019/2020 (N0413A050014) Economics and Management (S03) Economics and Law in Business P Czech Ostrava 2 Compulsory study plan
2019/2020 (N0488A050004) Finance and Accounting (S02) Accounting and Taxes P Czech Ostrava 2 Compulsory study plan
2019/2020 (N0488A050004) Finance and Accounting (S01) Finance P Czech Ostrava 2 Choice-compulsory type B study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner

Assessment of instruction



2023/2024 Winter
2022/2023 Winter
2021/2022 Winter
2020/2021 Winter
2019/2020 Winter