Course detail

Managerial Accounting

FAST-NVA038Acad. year: 2025/2026

Internal accounting.
Budgets and budgeting.
Methods of making and control budgets.
Calculation and calculation system.
Reporting as a source of information for decision making.
Responsibility accounting.
Performance-oriented accounting.

Language of instruction

Czech

Number of ECTS credits

Mode of study

Not applicable.

Guarantor

doc. Ing. Eva Vítková, Ph.D.

Department

Institute of Structural Economics and Management (EKR)

Entry knowledge

Financial accounting, pricing, finances in the construction company.

Rules for evaluation and completion of the course

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

Aims

Understanding the difference between financial, managerial and internal accounting.
Knowledge in the field of control of budget execution, creation of reports, understand the possibilities and the importance of standard cost method from point of view of the manager.

Study aids

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Král, B. a kol.; Manažerské účetnictví, Management Press, 2019, ISBN 978-80-7261-568-1 (CS)
Vítková, E.; Chovancová, J.; Účetnictví, studijní opory, 2018, VUT FAST. (CS)
Zákon č. 563/1991 Sb., o účetnictví (CS)

Recommended reading

Fibírová, J.; Šoljaková, L.; Wagner, J.; Petera, P.; Manažerské účetnictví - Nástroje a metody, Wolters Kluwer, 2020, ISBN 978-80-7598-885-0 (CS)
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 (EN)

Classification of course in study plans

  • Programme NPC-SIE Master's 1 year of study, winter semester, compulsory

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

doc. Ing. Eva Vítková, Ph.D.

Syllabus

  • 1. Characteristics of managerial accounting, link between individual business areas.
  • 2. Basic concepts and criteria of management accounting, cost classification.
  • 3. Defining of differences between internal and financial accounting.
  • 4. Recording of Revenues and Costs in Accounting - single cirle accounting system.
  • 5. Recording of revenues and costs in accounting - double circle accounting system.
  • 6. - 7. Relation of the calculation system to the managerial accounting.
  • 8. - 9. Relation the budget system to managerial accounting.
  • 10. Relation financial analysis to managerial accounting.
  • 11. - 12. Standard Cost and Revenue Method.
  • 13. Use of information from management accounting for pricing and strategic management.

Exercise

26 hod., compulsory

Teacher / Lecturer

doc. Ing. Eva Vítková, Ph.D.

Syllabus

  • 1. - 2. Orientation in the financial statements, classification of costs and revenues.
  • 3. - 4. Accounting cases in financial accounting.
  • 5. Recording of accounting cases in internal accounting - single circle accounting system.
  • 6. - 7. Recording of accounting cases in internal accounting - double circle accounting system.
  • 8. - 9. Accounting cases in internal accounting in relation to Standard costs and revenues.
  • 10. - 11. Determination of deviations.
  • 12. Use of value criteria in the management of accountable centers.
  • 13. Credit test.