117-0525/02 – Accounting B (AB)

Gurantor department	Department of Accounting and Taxes	Credits	5
Subject guarantor	Ing. Kateřina Krzikallová, Ph.D.	Subject version guarantor	Ing. Kateřina Krzikallová, Ph.D.
Study level	undergraduate or graduate	Requirement	Compulsory
Year	2	Semester	summer
		Study language	English
Year of introduction	2016/2017	Year of cancellation
Intended for the faculties	EKF	Intended for study types	Bachelor

Instruction secured by
Login	Name	Tuitor	Teacher giving lectures
RAN03	Ing. Kateřina Krzikallová, Ph.D.

Extent of instruction for forms of study
Form of study	Way of compl.	Extent
Full-time	Credit and Examination	2+2

Subject aims expressed by acquired skills and competences

1. To emphasize the importance of equity and liabilities as an significant source of a business. 2. To clarify the mening of costs and revenues in relation to profit or loss. 3. To explain the differences of accounting and tax conception of costs and revenues. 4. To analyse the accounting operations related to annual statement of balances and financial statement. 5. To emphasize the importance and usage of financial statement of a company.

Teaching methods

Lectures
Tutorials

Summary

The aim of the comprehensive two-semester course is to emphasize the importance of accounting as a crucial instrument for displaying and understanding of property and capital operations reflecting the financial situation of the company. The course follows the course Accounting A, connects in the field of relations with financial institutions, equity and liabilities, deals with importance of annual accounts and its presentation through financial statements.

Compulsory literature:

AGIANNI, Vasiliki et al. European Tax Handbook 2023. 34th ed. Amsterdam: IBFD, 2023. 1436 p. ISBN 978-90-8722-821-7. HASHIMZADE, Nigar and Yuliya EPIFANTSEVA, ed. The Routledge Companion to Tax Avoidance Research. London: Routledge, Taylor & Francis Group, 2018. 476 p. ISBN 978-1-138-94134-2. RICH, Jay, JONES, Jefferson and Linda MYERS. 5th ed. Boston: Cengage Learning, 2021. 848 p. ISBN 978-0-357-13269-2.

Recommended literature:

JAMES, Simon R. and Christopher NOBES. The economics of taxation: principles, policy and practice. 18th ed. Birmingham: Fiscal Publications, 2018. 326 p. ISBN 978-1-906201-42-5. PAPIS-ALMANSA, Marta ed. EU Value Added Tax and Beyond - Essays in Honour of Ben Terra. Amsterdam: IBFD, 2023. 360 p. ISBN 978-9087228-18-7. SPIES, Karoline. Permanent Establishments in Value Added Tax. Amsterdam: IBFD, 2020. 564 p. ISBN 978-90-8722-572-8. 978-90-411-3523-0.

Way of continuous check of knowledge in the course of semester

credit - processing of a case study, credit test exam - oral exam

E-learning

credit - processing of a case study, credit test in LMS Moodle exam - oral exam via MS Teams

Other requirements

Other specific requirements are not.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

Framework syllabus of lectures: 1. Clearing relations (clearing of taxes and subsidies). 2. Equity (importance, categorisation, ownership relations, changes in capital funds and funds from the profit, use). 3. Provisions (importance, categorization, influence on the profit or loss). 4. Long term liabilities (companies in group, loans, corporate lease obligations, deferred tax liability). 5. Expenses, revenues (operating, financial – importance, characteristics, accruals, tax aspects). 6. Annual financial statements (closure operations, profit and loss account, tax base, income tax due, deferred tax, closing of accounting books, financial statements, notes, verification, disclosure, importance of cash flow) 7. Accounting harmonization (EU directives, international accounting standards, US accounting standards, focus on confrontation in the concept of financial statements according to the Czech and international standards).

Conditions for subject completion

Full-time form (validity from: 2016/2017 Summer semester)

Task name	Type of task	Max. number of points (act. for subtasks)	Min. number of points	Max. počet pokusů
Credit and Examination	Credit and Examination	100 (100)	51
Credit	Credit	40 (40)	21
Písemka	Written test	40	21	3
Examination	Examination	60	30	3

Mandatory attendence participation: 75% attendance at seminars

Show history

Conditions for subject completion and attendance at the exercises within ISP: 60% attendance at seminars or seminar thesis

Show history

Occurrence in study plans

Academic year	Programme	Branch/spec.	Form	Study language	Tut. centre	Year	Type of duty
2024/2025	(B0412EKF015) Financial and Accounting Advisory		P	English	Ostrava	2	Compulsory	study plan
2024/2025	(B0412A050006) Finance		P	English	Ostrava	2	Compulsory	study plan
2023/2024	(B0412A050006) Finance		P	English	Ostrava	2	Compulsory	study plan
2022/2023	(B0412A050006) Finance		P	English	Ostrava	2	Compulsory	study plan
2021/2022	(B0412A050006) Finance		P	English	Ostrava	2	Compulsory	study plan
2020/2021	(B0412A050006) Finance		P	English	Ostrava	2	Compulsory	study plan
2019/2020	(B6202) Economic Policy and Administration	(6202R010) Finance	P	English	Ostrava	2	Compulsory	study plan
2019/2020	(B0412A050006) Finance		P	English	Ostrava	2	Compulsory	study plan
2018/2019	(B6202) Economic Policy and Administration	(6202R010) Finance	P	English	Ostrava	2	Compulsory	study plan
2017/2018	(B6202) Economic Policy and Administration	(6202R010) Finance	P	English	Ostrava	2	Compulsory	study plan
2016/2017	(B6202) Economic Policy and Administration	(6202R010) Finance	P	English	Ostrava	2	Compulsory	study plan

Occurrence in special blocks

Block name	Academic year	Form of study	Study language	Year	W	S	Type of block	Block owner

Assessment of instruction

Předmět neobsahuje žádné hodnocení.