The course is focused mainly on:
- Explaining the significance and function of accounting in general; types of accounting, the characteristics of in-house, financial and managerial accounting and their development trends in current economic context; basic differences (e.g. valuation, the users etc.) between in-house, financial and managerial accounting
- Basic company account sheets , their explicitness and analysis
- The costs and their classification
- Line management – cost accounting (terms, the subject of cost accounting, apportionment of costs to the subject of cost accounting, the cost accounting of full and variable costs, the structure of costs in the cost accounting, the cost accounting system
- Budgets and budgeting (basic terms, long term budgets, short term budgets, overhead costs budgets), methods of budget creating and controlling, behavioural aspects of budget work
- Standard Costs Method as a tool for cost management and control (basic terms, SCM in serial, job-work, homogenous, heterogeneous and associated production, the usage of SCM at overhead costs
- Reporting as a source of information for decision making (basic terms, characteristics, types, requirements), creating a report
- Responsibility accounting
The issue will be focused on risk engineering. Students will be able to indentify risks in complex and analyse them critically, to implement and assess measures taken in firms and institutions from the accounting point of view.