Course detail


FAST-BVA007Acad. year: 2023/2024

The course is focused on the basic rules of keeping evidence of company’s economic, its meaning and relevance to the needs of building economists.
Legal limits are explained to students, ie accounting legislation, Act No. 563/91 Coll and applicable accounting procedures.
The course is interested in Accounting system, tax accounting and double-entry accounting.
Financial accounting.
Basic accounting of assets and resources.
Evidence of costs and revenues.
Closing and financial statements.
Work with the financial statements.
The importance of accounting in corporate financial management.

Language of instruction


Number of ECTS credits


Mode of study

Not applicable.


Institute of Structural Economics and Management (EKR)

Entry knowledge

Knowledge of financing and construction firm economy.

Rules for evaluation and completion of the course

Extent and forms are specified by guarantor’s regulation updated for every academic year.


To get fundamental skills and knowledge about financial accounting. Ability to account typi-cal accounting transactions from the area of property and financial sources, further then in the costs and returns evidence. Ability to put together prescribed account reports and to work with them for financial management needs.
Knowledge fundamental skills and knowledge about financial accounting.

Study aids

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Vítková, E.; Chovancová, J.; Účetnictví a daňová evidence, studijní opory, 2018, VUT FAST


Skálová, J.; Suková, A.; Podvojné účetnictví, 2022, ISBN 978-80-271-3595-0


Zákon č. 563/1991 Sb., o účetnictví


Recommended reading

Novotný, P.; Účetnictví pro úplné začátečníky, Grada, 2022, ISBN 978-80-271-3597-4


Josh Bauerle; Accounting QuickStart Guide - The Simplified Beginner's Guide to Financial & Managerial Accounting For Students, Business Owners a Finance Professionals, Clydebank Media LLC, 2018, ISBN 9781945051791


Classification of course in study plans

  • Programme BPC-SI Bachelor's

    specialization E , 3. year of study, summer semester, compulsory

Type of course unit



26 hours, optionally

Teacher / Lecturer


1.–2. Legislation act 563/91 coll. accounting, meaning and significance. History of accounting. Basic principles of accounting. Metodological tools of accounting.

3. Balance sheet and changes in balance sheet. Chart of accounts and sample chart of accounts.

4.–5. Characterization and valuation of fixed assets. Accounting operations with fixed assets.

6.–7. Characterization and valuation of inventory.Accounting operations with inventory.

8. Accounting relationships.

9. Capital accounts and long term liabilities.

10.–11. Costs and revenues.

12.–13. Annual closing. Financial statements and cash flow.


26 hours, compulsory

Teacher / Lecturer


1.–2. Accounting documents. Introduction to the tax evidence. Keeping cash book and books of ancillary evidence.

3. Economic processes in the system of accounts.

4.–5. Long-term assets. Acquisition. Depreciation. Disposals.

6.–7. Inventory. A and B stock records. Inventory valuation. Inventory stock.

8. Financial accounts. Evidence of valuables, cash and non-cash transactions. Evidence of wages.

9. Accounting relations. Receivables and trade payables. Taxes and subsidies.

10.–11. Evidence of costs and revenues. Costs and revenues from operating, financial and extraordinary activities. Accrued expenses and revenues. Exchange rate differences.

12. Capital accounts and long-term liabilities. Equity. Provisions. Distribution of profit.

13. Annual financial statements and closing. Determining income tax of artificial persons. Principle continuity. Credit test.