634-3019/01 – Financial Accounting of Industrial Enterprise II (FUPP II)
| 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 | 1 | Semester | summer |
| | Study language | Czech |
| Year of introduction | 2019/2020 | Year of cancellation | |
| Intended for the faculties | FMT | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
The student will know the double-entry accounting system for industrial enterprise, he will know the basic principles about IAS/IFRS and US GAAP.
He will know accounting system about tangible and intangible fixed assets, financial assets, inventories, debtors and creditors, capital stock, expenses, revenues and income.
He can used it in economic decision making in his practice in industrial enteprises.
Teaching methods
Lectures
Tutorials
Project work
Summary
The Financial Accounting of Industrial Enterprise II is teaching the students the system of double-entry bookkeeping in industrial enterpise, i.e. to charge about tangible and intangible fixed assets, inventories, debtors and creditors, capital stock, expenses, revenues and income. There are explaind the specific of given problematic, i.e. how to acces to appreciate of assets and liabilities, adjustment of values of assets, deferred tax not only of position of financial accounting, but also of position of taxation law. There are also explained the principles of consolidate balance sheet and income statement. The students will used basic informations about IAS/IFRS and US GAAP.
Compulsory literature:
Recommended literature:
ROBERTS, C., WEETMANN, P., GORDON, P. International Financial Accounting: A Comparative Approach. Pearson Education, 2002.
International Financial Reporting Standards (IAS/IFRS.
Way of continuous check of knowledge in the course of semester
Písemná a ústní zkouška. Kontrolní testy, zpracování programů - vypracování zadaných příkladů z jednotlivých tematických bloků.
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.
BUCHTOVÁ, J. Finanční účetnictví aktualizace, studijní opora. Ostrava: VŠB - Technická univerzita Ostrava, 2015.
BUCHTOVÁ, J. Příklady z finančního účetnictví průmyslového podniku, studijní opora. Ostrava: VŠB – Technická univerzita Ostrava, 2018.
Other requirements
Control tests, programs - making assigned exercieses from particulare thematic themes.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
Problematic of financial accounting of industrial enterprise:
1. Tangible and intangible fixed assets, special operations.
2. Inventories, work-in-progress and semi-finished products, finished products, valuation.
3. Long-term financial assets.
4. Short-term financial assets.
5. Debtors and creditors, special operations.
6. Principle of prudence.
7. Accruals and deferrals.
8. Operatins in foreign currency.
9. Operation with capital stock, long-term investments.
10. Provisions.
11. Expenses, revenues and income, accruals and deferrals.
12. Income tax payable and deferred.
13. Consolidated balance sheet and income statement.
14. The basic informations of IAS/IFRS and US GAAP.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction