Course detail

Accounting

FP-ucePAcad. year: 2019/2020

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.

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.

Recommended optional programme components

Not applicable.

Recommended or required reading

BŘEZINOVÁ, H. Rozumíme účetní závěrce podnikatelů. 2. vyd. Praha: Wolters Kluwer, 2017. ISBN 978-80-7552-603-8. (CS)
RYNEŠ, P. Podvojné účetnictví a účetní závěrka. Průvodce podvojným účetnictvím k 1. 1. 2019. 19. akt. vyd. Olomouc: ANAG, spol. s r.o., 2019. ISBN 978-80-7554-192-5. (CS)
Zákon č. 563/1191 Sb., o účetnictví, v platném znění. (CS)
Vyhláška č.500/2002 Sb., kterou se provádějí některá ustanovení zákona o účetnictví, v platném znění. (CS)
České účetní standardy pro účetní jednotky č. 001 až 024, které účtují podle vyhlášky č. 500/2002 Sb., ve znění pozdějších předpisů. (CS)

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:
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 %.

Language of instruction

Czech

Work placements

Not applicable.

Course curriculum

UPRAVIT PODLE AKTUALIZOVANÉ CZ VERZE
The course is focused on the fundamentals and basic principles of accountancy in the sense of putting together a balance sheet, changes in the balance sheet, the creation of costs and revenues and producing the profit and loss account.
Content of the course
1. Characteristics of double entry bookkeeping, 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, short-term loans and short-term securities)
6. Current assets – inventory (characteristics, valuation, accounting).
7. Clearing relations - receivables (especially trade receivables)
8. Clearing relations - payables (especially trade payables and for employees and shareholders)
9. Fixed assets (acquisition, depreciation, elimination)
10. Equity, long-term outside sources (accounting for profit and long-term loans).
11. Costs and revenues (operational and financial).
12. Closing of accounts.
13. Accountancy audit statements, duty of accounting

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

Student´s participation on seminar is monitored.

Classification of course in study plans

  • Programme BAK-UAD Bachelor's, 1. year of study, summer semester, 6 credits, compulsory
  • Programme BAK-EP Bachelor's, 1. year of study, summer semester, 6 credits, compulsory

  • Programme BAK Bachelor's

    branch BAK-UAD-D , 1. year of study, summer semester, 6 credits, compulsory
    branch BAK-EP , 1. year of study, summer semester, 6 credits, compulsory
    branch BAK-EPM , 1. year of study, summer semester, 6 credits, compulsory

  • Programme BAK-MIn Bachelor's

    branch BAK-MIn , 1. year of study, summer semester, 6 credits, compulsory

  • Programme IT-BC-3 Bachelor's

    branch BIT , 2. year of study, summer semester, 4 credits, optional

  • Programme BIT Bachelor's, 2. year of study, summer semester, 4 credits, optional

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

seminars

26 hours, compulsory

Teacher / Lecturer