154-0580/01 – Financial reporting (FR)
| Gurantor department | Department of Finance | Credits | 6 |
| Subject guarantor | doc. Ing. Miroslav Čulík, Ph.D. | Subject version guarantor | doc. Ing. Miroslav Čulík, Ph.D. |
| Study level | undergraduate or graduate | Requirement | Compulsory |
| Year | 1 | Semester | winter |
| | Study language | English |
| Year of introduction | 2024/2025 | Year of cancellation | |
| Intended for the faculties | EKF | Intended for study types | Bachelor |
Subject aims expressed by acquired skills and competences
The objective of the course is to provide the fundamental knowledge of the financial reporting of a company throughout the financial statements including their relationships.
The students will be able to
- describe and understand the balance principle, structure and classification of company´s assets and structure of sources for their financing,
- prepare the Income statement of a company over a certain period in required structure,
- prepare the Cash flow statement of a company over a certain period in required structure and by applying selected methods,
- understand the relationship between particular financial statements.
Teaching methods
Lectures
Tutorials
Teaching by an expert (lecture or tutorial)
Summary
The course is focused on the fundamental principles and posibilities of the company financial reporting throughout the fundamental financial statements.
Compulsory literature:
Recommended literature:
Way of continuous check of knowledge in the course of semester
credit test case study), writen examination,
E-learning
Other requirements
There are no other requirements on the student.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1. Financial reporting - introduction, role of financial reporting, reporting standards
2. Balance sheet - objective, structure, historical vs. fair prices
3. Long-term assets - objective, classification, depreciation policy, relationship to liquidity
4. Current assets - objective, classification, relationship to liquidity
5. Equity and liabilities (debt) - classification, basic structure of the equity and liabilities
6. Equity components - description of equity components, possibility of equity funds rising
7. Short- and long-term liabilities(debts) - description, advantage and disadvantage of particular sources
8. Income statement - objective, revenues vs. costs and expenses, structure of company´s revenues and costs and expenses
9. Income statement - income taxation, earnings distribution/loss coverage
10. Cash flow statement - objective, relationship revenues(sales)/inflows, costs and expenses/outlows, basic structure
11. Cash flow statement - format of cash flow reporting (direct/indirect)
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction
Předmět neobsahuje žádné hodnocení.