Course detail

Accounting

FP-BucePAcad. year: 2025/2026

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)

Entry knowledge

Basic general knowledge of business economics.

Rules for evaluation and completion of the course

Credit:
Credit written test (at the end of the semester). Pass mark 50 %.
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, only it is possible to agree on different test dates and exams.

 

Student´s activ participation on seminar is monitored, max. 3 absences are allowed.

Aims

The objective of the subject is to educate 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.
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.

Study aids

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

BŘEZINOVÁ, H. Rozumíme účetní závěrce podnikatelů. 2. vyd. Praha: Wolters Kluwer, 2017. ISBN 978-80-7552-603-8.
České účetní standardy pro účetní jednotky č. 001 až 024, které účtují podle vyhlášky č. 500/2002 Sb., ve znění pozdějších předpisů.
Vyhláška č. 500/2002 Sb., kterou se provádějí některá ustanovení zákona č. 563/1991 Sb., o účetnictví, ve znění pozdějších předpisů, pro účetní jednotky, které jsou podnikateli účtujícími v soustavě podvojného účetnictví.
Zákon č. 563/1991 Sb., o účetnictví, ve znění pozdějších předpisů.

Recommended reading

BŘEZINOVÁ, H. Rozumíme účetní závěrce podnikatelů. 4. vyd. Praha: Wolters Kluwer, 2020. ISBN 978-80-7598-913-0
MALBURG, C. R. Accounting for the New Business. Adams Media Corporation Avon, Massachutsetts. ISBN 1-55850-759-0.
ÚZ č. 1412 Účetnictví podnikatelů, Audit, 2021.Vyd. Sagit, 2021. ISBN: 978-80-7488-448-1
STROUHAL, J. a kol. Meritum - Účetnictví podnikatelů. Praha: Wolter Kluwer, 2017. ISBN 978-80-7552-518-5.

Classification of course in study plans

  • Programme BAK-MIn Bachelor's 2 year of study, winter semester, elective
  • Programme BAK-PM Bachelor's 2 year of study, winter semester, compulsory-optional

Type of course unit

 

Lecture

26 hod., compulsory

Teacher / Lecturer

Ing. Zuzana Křížová, Ph.D.

Syllabus

Contents of the lectures
1. Basic terms and concepts of accounting, legislation and annual financial statements in the Czech Republic
2. Balance sheet, for main balance sheet changes.
3. Cost and revenues, profit and loss, statement
4. Fundamental rules of bookkeeping, methodological instruments.
5. Basic double-entry procedures of current assets (financial accounts and inventory)
6. Basic double-entry procedures of accounts receivables and payables
7. Basic double-entry procedures of fixed assets
8. Basic double-entry procedures of equity and long-term liabilities
9. Overview of costs and revenues, closing procedures of accounts
10. Annual financial statements, their making public and audit
11. History of accounting, information technology in bookkeeping
12. Regulation of accounting, national and international reporting systems
13. Harmonization of accounting across the world

Exercise

26 hod., compulsory

Teacher / Lecturer

Ing. Zuzana Křížová, Ph.D.

Syllabus

Content of the seminars
1. Characteristics of double entry accounting, legal treatment of
bookkeeping in the Czech Republic, bookkeeping outputs
2. Balance sheet, balance sheet changes
3. Profit and loss account, creation of profit
4. Fundamentals of bookkeeping, methodological instruments
5. Financial accounts (characteristics, evaluation and accounting for money and inventory)
6. Clearing relations - payables and receivables (especially trade receivables)
7.  Fixed assets (acquisition, depreciation, elimination)
8. Equity, long-term outside sources (accounting for profit and long-term loans)

9. Costs and revenues (operational and financial)

10. + 11. Structure of the financial statements, their disclosure and audit

12. Written test
13. Discussion about test results