Course detail
Accounting
FSI-H2UAcad. year: 2012/2013
The course provides basic knowledge of and skills in double entry bookkeeping of business units. In the first part, the course deals with legal framework and basic terms, also discussed are the questions related to evaluation and fundamentals of financial management of assets and liabilities. The second part of the course gives an explanation for the most important issues such as long term assets, inventory, financial assets, shareholder’s capital, reserves, accounts payable, accounts receivable, costs and revenues and the influence of changes on the economic result. The third part the course deals with accounting statements, their forms, the way of their preparation, as well as their use for financial analysis.
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Learning outcomes of the course unit
Prerequisites
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
Passing final exam 50 points
Total maximum 100 points
Grading
Grade Number of points
A 100 – 90
B 89 - 80
C 79 – 70
D 69 – 60
E 59 – 50
F 49 - 0
Course curriculum
Work placements
Aims
Specification of controlled education, way of implementation and compensation for absences
Continuous preparation for seminars (individual study of literature)
Preparation for final exam
Final exam
Recommended optional programme components
Prerequisites and corequisites
Basic literature
Recommended reading
Classification of course in study plans
- Programme N2301-2 Master's
branch M-SLE , 1 year of study, winter semester, elective (voluntary)
branch M-STM , 1 year of study, winter semester, compulsory
branch M-SLE , 1 year of study, winter semester, elective (voluntary)
branch M-STG , 1 year of study, winter semester, elective (voluntary)
branch M-STM , 1 year of study, winter semester, compulsory
branch M-STG , 1 year of study, winter semester, elective (voluntary)
Type of course unit
Lecture
Teacher / Lecturer
Syllabus
- Legal regulation of accounting, the significance and meaning of accounting
- Fundamentals of double entry bookkeeping – accounting system, account and its requisites, inventory
- Balance sheet – structure, four fundamental changes of balance sheet
- Class 0 – characteristics, long term assets evaluation, ways of long term assets acquirement, accounting methods
- Long term assets depreciations, ways of discarding LTA, LTA inventory
- Class 1 – characteristics, inventory evaluation, methods of inventory accounts, and output inventory
- Class 2 – characteristics, accounting methods in groups No. 21, 22, 26 and 23
- Class 3 – characteristics, accounting methods in groups No. 31,32 and 33
- Class 3 – accounting methods in groups No. 34,35, 36 and 37
- Class 3 – accrual and deferral accounting methods
- Class 4 – characteristics, capital stock and capital funds accounting methods as well as accounting methods related to the reserve funds and retained earnings
- Class 5 and 6 – accounting methods
- Financial statement and final accounts, economic result and accounting methods, account sheets (balance sheet and profit and loss account).
The seminars will be focused on practising the lectured topics.
Exercise
Teacher / Lecturer
Syllabus
The seminars will be focused on practising the lectured topics.