Course detail
Acounting Principles
FP-PU_1Acad. year: 2012/2013
The course deals with the following topics: characteristics of double-entry bookkeeping, content and formal structure of accounting documents, accounting terminology of financial statements: fixed assets, current assets, liquid assets, accounts receivable, equity, and liabilities. Financial statements and issuing accounting information.
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Department
Learning outcomes of the course unit
Prerequisites
Ability to find necessary information on the INTERNET.
Competence in EXCEL operations.
Knowledge of database systems.
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
The exam is written. The final exam grade for this course is made up of 50% for the work in the course of the semester and 50% for the final exam.
Course curriculum
- Explaining of the significance and role of accounting, the development of accounting (regulations, harmonization, conceptual framework, the system of accounting), development trends in accounting and their characteristic features, accounting methods and principles.
- Basic instruments of accounting.
- Assets and liabilities accounts, accounting transaction, accounting operation, accounting entry,
- Balance sheet (as an accounting statement, its structure, its information capability, opening and closing of accounts),
- 4 basic variations of balance sheet accounts and examples of bookkeeping on assets and liabilities accounts, origin of costs and incomes and their impact on the balance sheet,
- Profit and loss statement, its structure and information capability,
- Evaluation and its problems,
- Assets, characteristic features and posting (long-term assets, short-term assets – stock, money, receivables),
- Equity
- Liabilities
- Temporary accounts of assets and liabilities / accruals and deferrals
- Closing of books and financial statements
Work placements
Aims
be familiar with accounting statements.
become acquainted with information obligations of a company.
gain skills of computer-aided processing of time series of selected accounting characteristics.
Specification of controlled education, way of implementation and compensation for absences
Recommended optional programme components
Prerequisites and corequisites
Basic literature
Kovanicová,D.: Jak porozumět světovým, evropským, českým účetním výkazům. Praha, BOVA POLYGON 2006. ISBN 80-7273-095-9. (CS)
Vyhláška č.500/2002 Sb., kterou se provádějí některá ustanovení zákona o účetnictví (CS)
Zákon č. 563/1991 Sb., o účetnictví (CS)
Recommended reading
Classification of course in study plans
Type of course unit
Lecture
Teacher / Lecturer
Syllabus
1) Characteristics of double-entry bookkeeping
2) Methodical instruments of double-entry bookkeeping
3) Accounting principles
4) Legal regulations governing accounting
5) Profit and loss statement
6) Balance sheet
7) Characteristics of assets: fixed assets, current assets, liquid assets, accounts receivable.
8) Characteristics of liabilities: equity and liabilities.
9) Attachment to financial statement.
10) Issuing of accounting information.
Exercise
Teacher / Lecturer
Syllabus
1) Characteristics of double-entry bookkeeping
2) Methodical instruments of double-entry bookkeeping
3) Accounting principles
4) Legal regulations governing accounting
5) Profit and loss statement
6) Balance sheet
7) Characteristics of assets: fixed assets, current assets, liquid assets, accounts receivable.
8) Characteristics of liabilities: equity and liabilities.
9) Attachment to financial statement.
10) Issuing of accounting information.