117-0434/01 – Accounting and Tax (ÚD)

Gurantor departmentDepartment of Accounting and TaxesCredits5
Subject guarantorIng. Jana Hakalová, Ph.D.Subject version guarantorIng. Jana Hakalová, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Year1Semesterwinter
Study languageCzech
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
KRA601 doc. Ing. Michal Krajňák, Ph.D.,MBA,LL.M.
KRY50 Ing. Šárka Kryšková, Ph.D.
PS150 Ing. Yvetta Pšenková, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Part-time Credit and Examination 6+6

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 aim of the course is an explanation of importance of accounting as a tool for presentation and understanding of the crucial property and capital operations and financial situation of the business entities. The course introduces students the issue of accounting in the all accounting classes with focus on explanation and understanding of specific areas of accounting and taxes of business entities.

Compulsory literature:

ELLIOTT, Barry and Jamie ELLIOTT. Financial Accounting and Reporting. 16th ed. Harlow: Pearson, 2013. 877 p. ISBN 978-0-273-77817-2. MACKENZIE, Bruce. Interpretation and Application of International Financial Reporting Standards. Hoboken: John Wiley & Sons, 2014. 1055 p. ISBN 978-1-118-73409-4.

Recommended literature:

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

Credit and exam

E-learning

Other requirements

Other specific requirements are not.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

Framework syllabus of the course: 1. Introduction to accounting (importance, function, legal framework, accounting policies and principles, methodical and control elements of accounting, accounting books, method of bookkeeping, and chart of accounts, and others). 2. Long-term intangible and tangible assets (characteristics, valuation, depreciation, the methods of bookkeeping including tax perspective, and others). 3. Long-term financial assets (characteristics, valuation, the methods of bookkeeping, and others). 4. Inventory (characteristics, valuation, the methods of bookkeeping, and others). 5. Short-term financial assets and cash (characteristics, valuation, the methods of bookkeeping, and others). 6. Accounting relations (characteristics and methods of accounting for specifics cases including accounting of taxes and others). 7. Capital accounts and long term payables (characteristics, the methods of accounting of special cases, and others). 8. Expenses and revenues including tax point of view, finding of profit before and after taxation, determination of tax base, its adjustment according to the Income tax law and accounting of income tax due. 9. Closing and off-balance sheet accounts and the procedure of the closure of the accounts in the end of the accounting period. 10. Financial statements and annual report. 11. Verification of financial statements and annual report by the auditor including publication.

Conditions for subject completion

Part-time form (validity from: 2019/2020 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 40 (40) 21
                písemný zápočet Other task type 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.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2021/2022 (B0312A050001) Public Economics and Administration K Czech Valašské Meziříčí 1 Compulsory study plan
2021/2022 (B0312A050001) Public Economics and Administration K Czech Ostrava 1 Compulsory study plan
2021/2022 (B0312A050001) Public Economics and Administration K Czech Šumperk 1 Compulsory study plan
2021/2022 (B0413A050012) Economics and Management (S02) Business Administration K Czech Ostrava 2 Compulsory study plan
2021/2022 (B0413A050012) Economics and Management (S03) Management K Czech Ostrava 2 Compulsory study plan
2020/2021 (B0312A050001) Public Economics and Administration K Czech Ostrava 1 Compulsory study plan
2020/2021 (B0312A050001) Public Economics and Administration K Czech Šumperk 1 Compulsory study plan
2020/2021 (B0312A050001) Public Economics and Administration K Czech Valašské Meziříčí 1 Compulsory study plan
2020/2021 (B0413A050012) Economics and Management (S02) Business Administration K Czech Ostrava 2 Compulsory study plan
2020/2021 (B0413A050012) Economics and Management (S03) Management K Czech Ostrava 2 Compulsory study plan
2019/2020 (B0413A050012) Economics and Management (S03) Management K Czech Ostrava 2 Compulsory study plan
2019/2020 (B0413A050012) Economics and Management (S02) Business Administration K Czech Ostrava 2 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner