Course detail
Economics and Accounting of Non-Profit Organisations
FP-UfudPAcad. year: 2024/2025
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
Number of ECTS credits
Mode of study
Guarantor
Department
Entry knowledge
Public finance (basic course), accounting.
Rules for evaluation and completion of the course
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.
Attendance at lectures is recommended. The way of substituting of missed lectures and seminars is fully in the teachers’ competence.
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.
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.
Study aids
Presentations and other study materials in E-learning, basic and recommended reading.
Prerequisites and corequisites
Basic literature
DOBROZEMSKÝ, V. a J. STEJSKAL. Nevýdělečné organizace v praxi. 2. vyd. Praha: Wolters Kluwer, 2017.
KRYŠKOVÁ, Š. Nestátní neziskové organizace - právní úprava, účetnictví, audit, daně. 2. vyd. Praha: Leges, 2022.
PELIKÁNOVÁ, Anna, 2024. Účetnictví, daně a financování pro nestátní neziskovky. 4., aktualizované vydání. Účetnictví a daně. Praha: Grada Publishing. ISBN 978-80-271-5249-0. (CS)
Vyhláška č. 504/2002 Sb. a Vyhláška č. 325/2015 Sb.
Zákon č. 563/1991 Sb., o účetnictví ze dne 12. prosince 1991 (v platném znění).
Recommended reading
Elearning
Classification of course in study plans
- Programme BAK-UAD Bachelor's 2 year of study, summer semester, compulsory
Type of course unit
Lecture
Teacher / Lecturer
Syllabus
1. Introduction, organization of teaching, conditions for completing the course, basic concepts
2. Classification of non-profit organizations, non-profit public organizations
3. Non-profit private organizations (public benefit, mutual benefit)
4. Specifications of financing of non-profit organizations. Public and private sources, multi-source financing, self-financing, fundraising
5. PR and marketing of non-profit organizations, personnel management and volunteering
6. Legal regulation of accounting of non-profit organizations, comparison with accounting of business entities
7. Specifications of accounting for assets and inventories
8. Specifics of accounting on financial accounts, accounting relationships
9. Specifics of accounting for revenues and transfers
10. Specifics of accounting for costs, off-balance sheet
11. Financial statements
12. Complex example
Exercise
Teacher / Lecturer
Syllabus
1. Introduction, organization of teaching, division into working groups, assignment of tasks and project
2. Introduction to non-profit organizations, presentation of the task, evaluation, discussion – project
3. Classification of non-profit organizations, presentation of the task, evaluation, discussion – project
4. Financing of non-profit organizations, presentation of the task, evaluation, discussion – project
5. Final presentation of the working group projects – project
6. Basic accounting operations, comparison with accounting of business entities – examples
7. Accounting for assets and inventories – examples
8. Accounting on financial accounts, accounting relationships – examples
9. Accounting for transfers and revenues – examples
10. Accounting for costs, off-balance sheet – examples
11. Complex example
12. Credit test
Elearning