Course detail

Economics and Accounting of Non-Profit Organisations

FP-UfudPAcad. year: 2022/2023

The course focuses on the approaches to defining the non-profit sector and the justification of NPO in the national economy, the mission and importance of NPO. Special attention is paid to the financing of NPO and the specifics of accounting operations in NPO.

Language of instruction

Czech

Number of ECTS credits

6

Mode of study

Not applicable.

Learning outcomes of the course unit

Knowledge: The student describes and explains the mission and importance of non-profit organizations in the national economy. Describes and analyzes various sources of funding for non-profit organizations (NPO). The student will perform basic accounting operations related to assets, financing, costs and revenues of NPO.
Skills: The student is able to search, sort and correctly interpret socio-economic data related to the non-profit sector. Can name differences in accounting operations in NPO.
General competences: The student recognizes the ethical dimension of NPO in the national economy and their role in civil society. The student is able to work in a team, present their opinions and argue. Can design solutions for specific accounting operations for NPO.

Prerequisites

Public finance (basic course), accounting.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Lectures consist of an explanation of basic principles, methodology of the discipline, problems and their solutions. Seminars are focussed on the practical mastery of the essentials, extending knowledge, support teamwork among students and their ability to discuss and present.

Assesment methods and criteria linked to learning outcomes

Requirement for gaining the credit:
a) Work in small teams (5-6 students), presentation of 4 tasks. Max. possible number of points is 10, 5 poins are needed for the credit (i.e. 50 %).
b) Credit test (accounting): max. possible number of points is 20, min. number of points needed for the credit is 10 (i.e. 50%). One resit is possible.
Examination:
Written only. The exam is a test (accounting) + open questions. Time for elaboration: 40 minutes. Max. possible points of exam - 70, to pass the examination it is necessary to get at least 35 points (50 %).
The resulting mark for the course is the sum of the points from seminars and the examination. Grading rules – see the BUT Rules for Studies and Examinations.

Course curriculum

1. Approaches to definition of the non-profit sector. Mission and significance of NPO in the national economy, their function.

2.Typology of non-profit organization. Non-profic public organizations.

3. Non-profit private organizations.

4. Funding of NPO. Public and private funding resources.  Significance and self-funding methods. Fundraising.

5. Personnel management in non-profit organizations. Volunteership.

6. Basic accounting operations, comparison with accounting in profit organizations.

7. Assets and stocks accounts.

8. Specifics of financial accounts, clearing relations.

9. Revenues accounts + tranfers.

10. Costs accounts. Balance off.

11. - 12. Overall summary.

Work placements

Not applicable.

Aims

The objective of the course is to provide students with theoretical and applied knowledge and understanding of the specifics of economics and accounting operations of non-profit organizations. These entities have their place, mission, goal, function and importance in the economy, so it is necessary to acquaint students with them and describe the differences compared to entities in the profitable sector.

Specification of controlled education, way of implementation and compensation for absences

Attendance at lectures is recommended. The way of substituting of missed lectures and seminars is fully in the teachers’ competence.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

DOBROZEMSKÝ, V. a J. STEJSKAL. Nevýdělečné organizace v praxi. 2. vyd. Praha: Wolters Kluwer, 2017.
PELIKÁNOVÁ, A. Účetnictví, daně a financování pro nestátní neziskovky. 3. vyd. Praha: Grada, 2018.
KRYŠKOVÁ, Š. Nestátní neziskové organizace - právní úprava, účetnictví, audit, daně. 2. vyd. Praha: Leges, 2022.
BOUKAL, P. a kol. Fundraising pro neziskové organizace. 1. vyd. Praha: Grada, 2013. (CS)
Zákon č. 563/1991 Sb., o účetnictví ze dne 12. prosince 1991 (v platném znění).
Vyhláška č. 504/2002 Sb. a Vyhláška č. 325/2015 Sb.

Recommended reading

STEJSKAL, J., KUVÍKOVÁ, H. a K. MAŤÁTKOVÁ. Neziskové organizace. Vybrané problémy ekonomiky se zaměřením na nestátní neziskové organizace. 1. vyd. Praha: Wolters Kluwer, 2012.

Classification of course in study plans

  • Programme BAK-UAD Bachelor's, 2. year of study, summer semester, compulsory

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

Syllabus

1. Approaches to definition of the non-profit sector. Mission and significance of NPO in the national economy, their function.

2.Typology of non-profit organization. Non-profic public organizations.

3. Non-profit private organizations.

4. Funding of NPO. Public and private funding resources. Significance and self-funding methods. Fundraising.

5. Personnel management in non-profit organizations. Volunteership.

6. Basic accounting operations, comparison with accounting in profit organizations.

7. Assets and stocks accounts.

8. Specifics of financial accounts, clearing relations.

9. Revenues accounts + tranfers.

10. Costs accounts. Balance off.

11. - 12. Overall summary.

Exercise

26 hours, compulsory

Teacher / Lecturer

Syllabus

1.- 5. Work in teams (5-6 students), 4 tasks, presentation, discussion.

6. Basic accounting operations, comparison with accounting in
profit organizations - examples.

7. Assets and stocks accounts - examples.

8. Specifics of financial accounts, clearing relations.

9. Revenues accounts + tranfers.

10. Costs accounts. Balance off.

11. Summary of basic accounting operations.

12. Credit test.

13. Overall summary.