Course detail

Accounting

FP-ucePAcad. year: 2022/2023

The subject is focused on the bases and basic principles of accounting, i.e. stress is placed on construction of the balance sheet, on changes in the balance sheet, on recognition of costs and revenues, on creation of profit/loss accounts and on cash-flow in an enterprise.

Language of instruction

Czech

Number of ECTS credits

6

Mode of study

Not applicable.

Guarantor

Ing. Zuzana Křížová, Ph.D.

Department

Institute of Finances (ÚF)

Learning outcomes of the course unit

Students will understand the basic principles of accounting and interconnection in accounting operations and in financial statements. Students will gain the skills of identification of accounting operations and their influence on the items of financial statements, and skills of preparation of financial statements.

Prerequisites

Basic general knowledge of business economics.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

The course contain one two-hour lecture per week that explains the basic principles, problems and methodology of the discipline. A two-hour seminar per week promoting practical applications of the material presented in the lectures.

Assesment methods and criteria linked to learning outcomes

Credit: In order to receive credit, it is necessary to fulfill the required participation in the exercises (a maximum of 3 absences are excused). Credit written test at the end of the semester, usually inthe 12 or 13 week. Pass mark 50 % of the point evaluation.

Examination: Written test with closed questions. Pass mark 50 %.
The credit will have a 40 % weighting in the overall course mark while the examination will account for 60 %.

The same conditions apply to the individual study plan, with the exception of the minimum required participation in seminars.

Course curriculum

In the course, students become familiar with the general characteristics of accounting, its methodological tools and legal regulation. The main attention is given the content of financial statements, links between individual statements and the use of published accounting information in the financial management of the company.

A. The essence and importance of accounting and reporting, basic principles and methodological tools. Balance sheet and profit and loss statement.

B. Basic accounting of current assets, accounting relationships, accounting of fixed assets, equity and long-term liabilities resources.

C. Closing works and preparation of financial statements, their publication and audit.

D. History of accounting, information technology in accounting. Regulation and harmonization of accounting systems.

Work placements

Not applicable.

Aims

The objective of the subject is to explain to students in the basic principles of accounting and in the primary interconnections in financial statements that are the key to an understanding of any accounting system.

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

Students' participation in exercises is recorded, a maximum of 3 absences are possible during the semester.

 

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

ÚZ č. 1568 Účetnictví podnikatelů, Audit, 2024.Vyd. Sagit, 2024. ISBN: 978-80-7488-448-1 (CS)

Recommended reading

BŘEZINOVÁ, H. Rozumíme účetní závěrce podnikatelů. 4. vyd. Praha: Wolters Kluwer, 2020. ISBN 978-80-7598-913-0
Kolektiv autorů: meritum Účetnictví podnikatelů 2023. Praha: Wolters Kluwer, 540 s.  ISBN 978-80-7676-641-9   (CS)

Elearning

eLearning: currently opened course

Classification of course in study plans

  • Programme BAK Bachelor's

    branch BAK-UAD-D , 1 year of study, summer semester, compulsory
    branch BAK-EP , 1 year of study, summer semester, compulsory

  • Programme BAK-EP Bachelor's 1 year of study, summer semester, compulsory

  • Programme BAK-MIn-D Bachelor's

    branch BAK-MIn , 1 year of study, summer semester, compulsory

  • Programme BAK-UAD Bachelor's 1 year of study, summer semester, compulsory
  • Programme BIT Bachelor's 2 year of study, summer semester, elective
  • Programme BIT Bachelor's 2 year of study, summer semester, elective

  • Programme IT-BC-3 Bachelor's

    branch BIT , 2 year of study, summer semester, elective

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

Ing. Zuzana Křížová, Ph.D.

Syllabus

Content of lectures

1. The essence and meaning of accounting, basic principles and methodological tools

2. Balance sheet - balance sheet principle, 4 basic balance sheet changes

3. Costs and revenues, economic results, profit and loss statement

4. Principles of accounting, account, accounting books and other methodological tools

5. Basic accounting procedures for current assets (financial accounts and inventories)

6. Basic accounting procedures in the area of ​​settlement relationships

7. Basic accounting procedures for fixed assets

8. Basic accounting procedures for equity and long-term external resources

9. Overview of costs and revenues, closing work

10. Structure of the financial statement, its publication and audit

11. History of accounting, information technology in accounting

12. Accounting regulation, national and international accounting systems

13. Harmonization of accounting, application of IFRS

Exercise

26 hod., compulsory

Teacher / Lecturer

Ing. Monika Šebestová, Ph.D.
Ing. Pavol Zahoran
Ing. Jana Gláserová, Dr.

Syllabus

Content of seminar exercises:

1. Organizational issues, basic principles and methodological tools of accounting

2. Balance sheet - balance sheet principle, 4 basic balance sheet changes

3. Costs and revenues, economic results, profit and loss statement 4. Principles of accounting, account, chart of accounts and other methodical tools

5. Accounting rules on active, passive and income accounts

6. Basic accounting procedures on financial accounts

7. Basic accounting procedures in the area of ​​settlement relationships

8. Inventory accounting methods

9.  Basic accounting procedures for fixed assets

10. Basic accounting procedures for equity and long-term external resources

11. Closing papers, structure of financial statements

12. Final control test

13. Discussion of test results, consultation of problem areas

 

Elearning

eLearning: currently opened course