Course detail
Bookkeeping for Managers
ÚSI-2FCMUAcad. year: 2018/2019
The course is focused mainly on:
- Explaining the significance and function of accounting in general; types of accounting, the characteristics of in-house, financial and managerial accounting and their development trends in current economic context; basic differences (e.g. valuation, the users etc.) between in-house, financial and managerial accounting
- Basic company account sheets , their explicitness and analysis
- The costs and their classification
- Line management – cost accounting (terms, the subject of cost accounting, apportionment of costs to the subject of cost accounting, the cost accounting of full and variable costs, the structure of costs in the cost accounting, the cost accounting system
- Budgets and budgeting (basic terms, long term budgets, short term budgets, overhead costs budgets), methods of budget creating and controlling, behavioural aspects of budget work
- Standard Costs Method as a tool for cost management and control (basic terms, SCM in serial, job-work, homogenous, heterogeneous and associated production, the usage of SCM at overhead costs
- Reporting as a source of information for decision making (basic terms, characteristics, types, requirements), creating a report
- Responsibility accounting
The issue will be focused on risk engineering. Students will be able to indentify risks in complex and analyse them critically, to implement and assess measures taken in firms and institutions from the accounting point of view.
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Department
Learning outcomes of the course unit
- Learn how to analyze financial statements of the company
- Understand the possibilities and limitations of various methods of classification of costs in terms of their explanatory power from the manager
- The theoretical and practical levels will acquire the knowledge necessary to determine the structure of costs in the calculation, choice of costing techniques and choice of costing system as a source of information for decision
- Learn how to build a simplified short-term budgets overheads
- Acquire control principles of budget execution, compiling reports
- Understand the possibilities and the importance of standard cost method from the manager
Prerequisites
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
POINTS
1.elaboration of coursesemester-work 45
2.oral examination 55
TOTAL POINTS 100
A 100 - 91
B 90 - 81
C 80 - 71
D 70 - 61
E 60 - 50
F 49 a méně
Course curriculum
Characteristics of in-house, financial and managerial accounting and their development trends in current economic context, basic differences (e.g. assessing, the users etc.) between the in-house, financial and managerial accounting.
Basic company account sheets , their explicitness and analysis.
The costs and their classification.
One and two circuit organization of in-house accounting
Standard Cost Method as a tool for cost management and control (basic terms, SCM in serial, job-work, homogenous, heterogeneous and associated production, the usage of SCM at overhead costs.
SCM as a source of informattion for indentifying and analyzing the risks.
Reporting as a source of information for decision making (basic terms, characteristics, types, requirements), creating a report.
Reporting as a tool of identifying and analyzing the risks and a tool for evaluating the measures taken.
Introduction into the responsibility accounting as a tool for identifying and analyzing the risks.
Work placements
Aims
- Learn how to perform an analysis of the basic financial statements with concrete examples (the processing of case studies)
- The acquisition of basic theoretical knowledge in calculations, budgeting, and reporting methods SN
- The acquisition of practical skills at the assembly level basic design and creation of short-term budget report
Specification of controlled education, way of implementation and compensation for absences
2. Processing of an example of the use of relevant, irrelevant and opportunity costs (individually processed at seminars), evaluation is part of the final assessment a weighting of 10%
Recommended optional programme components
Prerequisites and corequisites
Basic literature
KRÁL,B. a kol.: Manažerské účetnictví. 2.rozšířené vyd. Praha: Management Press, 2008. 622 s. ISBN978-80-7261-141-6
Recommended reading
FIBÍROVÁ,J. Nákladové účetnictví (Manažerské účetnictví).2.vyd.Praha, VŠE Praha, 2001, 347s. ISBN 80-245-0212-7
GARRISON,R.H. Managerial Accounting. NewYork, McGraw-Hill/Irwin.2003.ISBN 0-07-242338-2
KOVANICOVÁ, D. Poklady skryté v účetnictví. 5.aktualizované vydání, Praha:Polygon, 1998, ISBN 80-85967-73-1
KRÁL, B. a kol. Manažerské účetnictví. 2.vyd. Prospektrum, s.r.o. Praha.2005. ISBN 80-7261-131-3
ŠOLJAKOVÁ, L. Cvičné příklady - Manažerské účetnictví. 2.vyd.Praha:ISÚ, 2005
Classification of course in study plans