Course detail

Accounting

FP-RucePAcad. year: 2014/2015

The course is focused on the following topics:
- explaining of the significance and role of accounting, development of accounting (regulations, harmonization, conceptual framework, accounting system), the development trends in accounting and their characteristic features, accounting methods and principles,
- basic instruments of accounting,
- assets and liabilities accounts, accounting transaction, accounting operation, accounting entry,
- balance sheet (as an accounting statement, its structure, its information capability, opening and closing of balance sheet accounts), 4 basic variations of balance sheet accounts and examples of bookkeeping on assets and liabilities accounts, origin of costs and incomes and their impact on the balance sheet,
- profit and loss statement, its structure and information capability,
- evaluation and its problems,
- assets, characteristic features and posting (long-term assets, short-term assets - stock, money, receivables),
- equity
- liabilities
- temporary accounts of assets and liabilities / accruals and deferrals
- closing of books and financial statements.

Language of instruction

Czech

Number of ECTS credits

4

Mode of study

Not applicable.

Guarantor

Ing. Helena Hanušová, CSc.

Department

Institute of Finances (ÚF)

Learning outcomes of the course unit

Students will understand the information capability of accounting and will be made familiar with accounting. They will be able to prepare basic accounting transactions manually. Students will be cognisant of the information capability of individual accounting statements and their interrelations, and will be able to set the statements.

Prerequisites

Basic knowledge of business economics.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

The course contains lectures that explain basic principles, problems and methodology of the discipline, and exercises that promote the practical knowledge of the subject presented in the lectures.

Assesment methods and criteria linked to learning outcomes

The course-unit credit is conditional on the following
1. preparation of a balance sheet
2. solving of a written example
Both works are evaluated (standard method), the sum score consists of the scores, which is the part of the final evaluation.
In case of an excused absence from seminars, tutors may set additional conditions or coursework if appropriate.
3. oral - theoretical knowledges
Non obligatory part - questionary (distribution one piece of guestionary, fill it up by company, and returning back)

Course curriculum

Topics of lectures include:
- Explaining of the significance and role of accounting, the development of accounting (regulations, harmonization, conceptual framework, the system of accounting), development trends in accounting and their characteristic features, accounting methods and principles.
- Basic instruments of accounting.
- Assets and liabilities accounts, accounting transaction, accounting operation, accounting entry,
- Balance sheet (as an accounting statement, its structure, its information capability, opening and closing of accounts),
- 4 basic variations of balance sheet accounts and examples of bookkeeping on assets and liabilities accounts, origin of costs and incomes and their impact on the balance sheet,
- Profit and loss statement, its structure and information capability,
- Evaluation and its problems,
- Assets, characteristic features and posting (long-term assets, short-term assets - stock, money, receivables),
- Equity
- Liabilities
- Temporary accounts of assets and liabilities / accruals and deferrals
- Closing of books and financial statements

The seminars will be focused on practising the lectured topics and elaboration of case studies (both individually and in teams).

Work placements

Not applicable.

Aims

The aim is for students to
acquire general theoretic knowledge of accounting.
gain basic practical accounting skills (basic accounting operations, preparing obligatory and voluntary accounting statements, interpretation of obtained information).

Specification of controlled education, way of implementation and compensation for absences

Monitoring of students' individual work on the assigned tasks.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

RYNEŠ, P. : Podvojné účetnictví a účetní závěrka.14 vyd. Praha: Anag, 2014. ISBN: 978-80-7263-853-6

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme MGR Master's

    branch MGR-ŘEP , 1 year of study, winter semester, compulsory-optional

Type of course unit

 

Lecture

13 hod., optionally

Teacher / Lecturer

Ing. Helena Hanušová, CSc.

Syllabus

Topics of lectures include:
1.Explaining of the significance and role of accounting, the development of accounting
(regulations, harmonization, conceptual framework, the system of accounting), development
trends in accounting and their characteristic features, accounting methods and principles.
2.Basic instruments of accounting.
3.Assets and liabilities accounts, accounting transaction, accounting operation, accounting entry,
4.Balance sheet (as an accounting statement, its structure, its information capability, opening and closing of accounts),
5.Four basic variations of balance sheet accounts and examples of bookkeeping on assets and liabilities accounts, origin of costs and incomes and their impact on the balance sheet,
6.Profit and loss statement, its structure and information capability,- Evaluation and its problems,
7. Long-term assets, characteristic features and posting ,accounting transaction
8. Short-term assets - (stock)and their accounting transaction
9. Money, receivables and their accounting transaction
10.Equity and their accounting transaction
11.Liabilities and their accounting transaction
12.Temporary accounts of assets and liabilities / accruals and deferrals and their accounting transaction
13.Closing of books and financial statements

The seminars will be focused on practising the lectured topics and elaboration of case studies (both individually and in teams).

Exercise

26 hod., compulsory

Teacher / Lecturer

Ing. Helena Hanušová, CSc.

Syllabus

1.Basic instruments of accounting and their using.
2.Law of accounting - reading
3.Examples and training assets and liabilities accounts, accounting transaction, accounting operation, accounting entry,
4.Training preparation of Balance sheet
5.Preparation of Balance Sheet - indiviuald work/test
5.Examples of bookkeeping on assets and liabilities accounts, origin of costs and incomes and their impact on the balance sheet,
6.Profit and loss statement, its structure and information capability,-
7. Training bookkeeping of accounting transaction of long-term assets,
8. Training bookkeeping of accounting transaction of stocks
9. Training bookkeeping of accounting transaction of money and receivables
10.Training bookkeeping of accounting transaction of equity
11.Training bookkeeping of accounting transaction of liabilities
12.Training bookkeeping of accounting transaction of temporary accounts of assets and liabilities / accruals and deferrals
13.Training bookkeeping of accounting transaction closing of books and financial statements