654-0944/01 – Financial Accounting of Industrial Enterprise (FÚPP)
| Gurantor department | Department of Industrial Systems Management | Credits | 10 |
| Subject guarantor | prof. Ing. Kamila Janovská, Ph.D. | Subject version guarantor | prof. Ing. Kamila Janovská, Ph.D. |
| Study level | postgraduate | Requirement | Choice-compulsory type B |
| Year | | Semester | winter + summer |
| | Study language | Czech |
| Year of introduction | 2022/2023 | Year of cancellation | |
| Intended for the faculties | FMT | Intended for study types | Doctoral |
Subject aims expressed by acquired skills and competences
The student will know and use in practise the double-entry accounting system for
industrial enterprise. He can used it in economic decision making in his practise in Czech standards and IAS/IFRS.
Teaching methods
Individual consultations
Project work
Summary
The Financial Accounting of Industrial Enterprise 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.The students will be able to use the information of financial accountin for industrial enterprise in his management practise.
Compulsory literature:
Recommended literature:
International Financial Reporting Standards (IAS/IFRS).
HARRISON W. T., HORNGREN C. Financial Accounting: International Financial Reporting Standards. Pearson, 2013.
Way of continuous check of knowledge in the course of semester
E-learning
Other requirements
Elaboration of seminar work on a given topic.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
Problematic of financial accounting of industrial enterprise:
1. Accounting of tangible and intangible fixed assets, special operations.
2. Accounting of long-term financial assets and short-term financial assets.
3. Accounting of inventories, work-in-progress and semi-finished products, finished products, valuation.
4. Accounting of debtors and creditors, special operations and provisions.
5. accounting of operation with capital stock, long-term investments.
6. accounting of expenses, revenues and income, accruals and deferrals; tax analysis.
7. Balance sheet and profit and loss account of industrial enteprise.
8. Cash flow.
9. Problematic of income tax payable and deferred.
10. Specifics of accounting of industrial enterprise.
11. Financial analysis of accounting statement of industrial enterprise.
12. Consolidated balance sheet and income statement of big industrial enterprises.
13. Transformations of trade companies.
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
Předmět neobsahuje žádné hodnocení.