Course detail

Selected Economic Operations from the Perspective of Finance and Accounting

FP-UvhoPAcad. year: 2024/2025

The aim of the course is to provide students with a more comprehensive view of selected economic operations and to highlight the links between civil and corporate law, finance, accounting and taxation. It will also provide students with some methodological guidance on how to proceed with economic evaluation and resolution of more complex economic transactions. The course will focus mainly on the following topics: lending, transactions in securities, and business holdings, adjustments to profit and loss and its distribution, cryptocurrencies. 

Language of instruction

Czech

Number of ECTS credits

3

Mode of study

Not applicable.

Guarantor

prof. Ing. Mária Režňáková, CSc.

Department

Institute of Finances (ÚF)

Entry knowledge

Not applicable.

Rules for evaluation and completion of the course

Conditions for granting classified credit:

1. participation in the exercises (participation is compulsory).

2. successful completion of a control test, which consists of two parts:

(a) open questions: 10 questions with 3 points each.

b) Test questions: 10 questions (correct answer 1 point; no answer 0 points; wrong answer -1 point).


For each part, the student must obtain at least 50 % of the points.


The final classification is based on the ECTS.

 

Graduation of students with granted individual study plan (ISP)

For students with a granted individual study plan, the same conditions apply (with the exception of compulsory attendance at seminars according to the conditions given by the particular ISP).

Aims

In this course, students will learn a comprehensive approach to dealing with accounting and tax issues related to financial transactions, such as borrowing, securities transactions, share transactions, correcting significant errors in accounting for expenses and income affecting profit or loss and its distribution, and cryptocurrencies. 

Study aids

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

České účetní standardy pro účetní jednotky č. 001 až 024, které účtují podle vyhlášky č. 500/2002 Sb., ve znění pozdějších předpisů.
DVOŘÁKOVÁ, l. Nejčastější chyby a omyly účetních. 1. vyd. Praha: Wolters Kluwer. 212 s. ISBN 978-80-7552-691-5.
KOUT, Petr a Tomáš LÍBAL. Komplikované účetní případy a jejich daňové dopady. 3. aktualizované a doplněné vydání. Praha: VOX, 2017. Účetnictví a daně. ISBN 978-80-87480-55-7.
SKÁLOVÁ, Jana. Daně v účetnictví. Praha: Wolters Kluwer, 2017. Účetnictví. ISBN 978-80-7552-832-2.
Vyhláška č.500/2002 Sb., kterou se provádějí některá ustanovení zákona o účetnictví, ve znění pozdějších předpisů.
Zákon č. 563/1991 Sb., o účetnictví, ve znění pozdějších předpisů.

Recommended reading

BROOKS, Leonard J. a Paul DUNN. Business and professional ethics for directors, executives & accountants. Boston, MA: Cengage Learning, 2018. ISBN 978-1-305-97145-5.
BRYCHTA, I. a J. Vychopeň. Daň z příjmů 2017. 13. vyd. Praha: Wolters Kluwer. 552 s. ISBN 978-80-7552-750-9.
BRYCHTA, I. a kol. Účetnictví podnikatelů 2018. 18. vyd. Praha: Wolters Kluwer. ISBN 978-80-7552-989-3.
POKORNÁ, Pěva. Průvodce českými účetními standardy v návaznosti na daně a zákon o obchodních korporacích: vyřešené příklady 2016 : účetnictví - daně - právo. 2. vydání. V Bohuňovicích: Oswald, 2016. ISBN 978-80-88128-08-3.
POKORNÁ, Pěva. Účetní a daňové transakce v návaznosti na zákon o korporacích. Bohuňovice: Oswald, 2015. ISBN 978-80-905690-8-9.

Elearning

eLearning: currently opened course

Classification of course in study plans

  • Programme BAK-UAD Bachelor's 3 year of study, winter semester, compulsory

Type of course unit

 

Lecture

13 hod., optionally

Teacher / Lecturer

Ing. Kristýna Bělušová

Syllabus

1. Introduction to the subject (methodology of dealing with non-standard economic transactions - interconnection of corporate law, finance, accounting and tax; work with selected legal information systems - demonstration; work with case law; use of conclusions from the minutes of the Coordination Committee; interpretation of the National Accounting Council).

2. Borrowings/loans (definition; differences from other institutions; use in financing (advantages and disadvantages); borrowings/loans and its tax implications in the case of capital-related entities (including the thin capitalisation test)). Financial lease (accounting and tax implications).

3. Securities transactions (classification of securities for accounting purposes; employee shares; valuation of securities; taxes on securities transactions).

4. Shareholding transactions (possible shareholding transactions; accounting and taxation of selected shareholding transactions).

5. Equity transactions (other comprehensive income of previous years; corrections of material errors in expenses and income of previous accounting periods; distribution of profits and other equity to shareholders, including the conditions for their payment; advances on profit sharing).

6. Cryptocurrencies (substance, accounting, taxation).


The course will introduce students to the theoretical and methodological background.

Exercise

13 hod., compulsory

Teacher / Lecturer

Ing. Kristýna Bělušová

Syllabus

Practice of lectured topics.

1. Methodology of dealing with non-standard economic operations - interconnection of corporate law, finance, accounting and taxation.

2. Borrowings/loans; financial leasing.

3. Securities transactions.

4. Transactions in business shares.

5. Transactions in equity.

6. Cryptocurrencies.

Elearning

eLearning: currently opened course