634-2008/01 – Financial Accounting I (FU I)
| Gurantor department | Department of Economics and Management in Industry | Credits | 6 |
| Subject guarantor | prof. Ing. Jana Buchtová, CSc. | Subject version guarantor | prof. Ing. Jana Buchtová, CSc. |
| Study level | undergraduate or graduate | Requirement | Compulsory |
| Year | 3 | Semester | winter |
| | Study language | Czech |
| Year of introduction | 2014/2015 | Year of cancellation | |
| Intended for the faculties | FMT | Intended for study types | Bachelor |
Subject aims expressed by acquired skills and competences
The student will know the basics of double-entry accounting system for enterpise. He can read the financial statements - balance sheet and profit and loss statement.
Teaching methods
Lectures
Tutorials
Summary
The Financial Accounting I. is teaching the students the basics of double-entry bookkeeping, i.e. to understand the balancing principle, the structure of balance-sheet and profit and loss account, the basic entries accounting and generally accepted accounting principles.
Compulsory literature:
[1] BAKER, R.E., LEMBKE, V.C., KING, T.S., JEFFREY, C.: Advanced Financial Accounting, McGraw-Hill/Irwin, 2007.
Recommended literature:
[1] LARSON, K.D., MILLER, P.B.W.: Financial Accounting, Irwin 1995.
[2] ROBERTS, C., WEETMAN, P., GORDON, P.: International Financial Accounting: A Comparative Approach, Pearson Education, 2002.
[3] International Financial Reporting Standards (IAS/IFRS).
Way of continuous check of knowledge in the course of semester
E-learning
Integrovaný systém modulární počítačové podpory výuky ekonomicko-technického zaměření (http://lms.vsb.cz):
- Vzdělávací modul 6 – Finančně-ekonomická analýza a rozhodování: submodul Využití Money S3 ve finančním účetnictví.
- SIKOROVÁ, A. Informační podpora finančního účetnictví. Studijní opory. Ostrava: VŠB-TU Ostrava, 2015.
Other requirements
Control tests, programs - making assigned exercieses from particulare thematic themes.
Prerequisities
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1/ Basics of double-entry bookkeeping, function a metodics, the balancing principle.
2/ Generally accepted accounting principles.
3/ Structure of balance-sheet, the system of balance-sheet accounts.
4/ Structure of profit and loss statement, accounting of expenses and sales.
5/ Basic of bilance information system.
6/ Information systems.
7/ Valuation in accounting.
8/ Accounting of tangible and intangible fixed assets.
9/ Accounting of inventories (raw materials and goods for sale).
10/ Accounting of little assets.
11/ Accounting of receivables and liabilities, cash and bank accounts.
12/ Expenses and sales.
13/ Profit and loss account.
14/ Opening and closing of accounting books.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction