Knowledge: The student describes and explains the mission and importance of non-profit organizations in the national economy. Describes and analyzes various sources of funding for non-profit organizations (NPO). The student will perform basic accounting operations related to assets, financing, costs and revenues of NPO.
Skills: The student is able to search, sort and correctly interpret socio-economic data related to the non-profit sector. Can name differences in accounting operations in NPO.
General competences: The student recognizes the ethical dimension of NPO in the national economy and their role in civil society. The student is able to work in a team, present their opinions and argue. Can design solutions for specific accounting operations for NPO.

Public finance (basic course), accounting.

Lectures consist of an explanation of basic principles, methodology of the discipline, problems and their solutions. Seminars are focussed on the practical mastery of the essentials, extending knowledge, support teamwork among students and their ability to discuss and present.

Requirement for gaining the credit:
a) Work in small teams (5-6 students), presentation of 4 tasks. Max. possible number of points is 10, 5 poins are needed for the credit (i.e. 50 %).
b) Credit test (accounting): max. possible number of points is 20, min. number of points needed for the credit is 10 (i.e. 50%). One resit is possible.
Examination:
Written only. The exam is a test (accounting) + open questions. Time for elaboration: 40 minutes. Max. possible points of exam - 70, to pass the examination it is necessary to get at least 35 points (50 %).
The resulting mark for the course is the sum of the points from seminars and the examination. Grading rules – see the BUT Rules for Studies and Examinations.

1. Approaches to definition of the non-profit sector. Mission and significance of NPO in the national economy, their function.

2.Typology of non-profit organization. Non-profic public organizations.

3. Non-profit private organizations.

4. Funding of NPO. Public and private funding resources.  Significance and self-funding methods. Fundraising.

5. Personnel management in non-profit organizations. Volunteership.

6. Basic accounting operations, comparison with accounting in profit organizations.

7. Assets and stocks accounts.

8. Specifics of financial accounts, clearing relations.

9. Revenues accounts + tranfers.

10. Costs accounts. Balance off.

11. - 12. Overall summary.

The objective of the course is to provide students with theoretical and applied knowledge and understanding of the specifics of economics and accounting operations of non-profit organizations. These entities have their place, mission, goal, function and importance in the economy, so it is necessary to acquaint students with them and describe the differences compared to entities in the profitable sector.

Attendance at lectures is recommended. The way of substituting of missed lectures and seminars is fully in the teachers’ competence.

• Programme BAK-UAD Bachelor's 2 year of study, summer semester, compulsory