Course detail

Accounting

FAST-GV53Acad. year: 2023/2024

Legal frameworks for the accounting system, Act No 563/91 Coll. Processes of accounting. Accounting systems, single-entry system and double entry system. Financial accounting. Basic accounting in the area of property and sources. Evidence of costs and returns. Financial statement. Working with accounting statements. Importance of the accounting in the financial management of the firm.

Language of instruction

Czech

Number of ECTS credits

2

Mode of study

Not applicable.

Guarantor

Ing. Eva Vítková, Ph.D.

Department

Institute of Structural Economics and Management (EKR)

Entry knowledge

Knowledge of financing and construction firm economy.

Rules for evaluation and completion of the course

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Aims

To get fundamental skills and knowledge about financial accounting. Ability to account typical accounting transactions from the area of property and financial sources, further then in the costs and returns evidence. Ability to put together prescribed account reports and to work with them for financial management needs.
Knowledge about financial accounting. Ability to account typical accounting transactions from the area of property and financial sources, further then in the costs and returns evidence.

Study aids

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

KOVANICOVÁ, Dana: Finanční účetnictví v kontextu současného vývoje. Praha: Polygon, 1997. ISBN 80-85967-51-0. (CS)
Opatření MF č.j.281/89 759/2001, kterým se stanoví účtová osnova a postupy účtování pro podnikatele. 2001. (CS)
Sutton, Tim: Corporate Financial Accounting and Reporting. Prentice Hall, 2004. ISBN 978-0-273-67620-1. (EN)
Vyhláška č.500/2002 Sb.. 2002. (CS)
Zákon č. 563/91 Sb., o účetnictví. 0. (CS)

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme B-P-C-GK Bachelor's

    branch GI , 3 year of study, summer semester, compulsory-optional

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

Ing. Eva Vítková, Ph.D.

Syllabus

1.–2. Act. No 563/91 Coll. about accounting.

3. Assets and liabilities. Balance sheet, types of balance sheets. Balance sheet day. Costs and revenues of accounting unit.

4. Account. Types of accounts. Basic accounting operation in the area of assets, accounting of costs and revenues.

5. Chart of acounts and accounting procedures for entrepreneurs. Accounting of long tangible and intangible assets.

6. Stock accounting.

7. Accounting for financial accounts. Accounting of receivables and liabilities.

8. Evidence of wages. Accounting in relation to state budget (taxes and grants).

9. Accounting of costs and revenues.

10. Accrued expenses and revenues. Estimated items.

11. Creation and use of reserves. Link to income tax.

12. Capital accounts and long-term liabilities.

13. Closing of accounts. Accounting procedures at the end of accounting period. Closing and opening of accounting books. Using of profit or loss.