Course detail
Accounting
FP-RuceKAcad. year: 2011/2012
The course is focused on the following topics:
- explaining of the significance and role of accounting, development of accounting (regulations, harmonization, conceptual framework, accounting system), the development trends in accounting and their characteristic features, accounting methods and principles,
- basic instruments of accounting,
- assets and liabilities accounts, accounting transaction, accounting operation, accounting entry,
- balance sheet (as an accounting statement, its structure, its information capability, opening and closing of balance sheet accounts), 4 basic variations of balance sheet accounts and examples of bookkeeping on assets and liabilities accounts, origin of costs and incomes and their impact on the balance sheet,
- profit and loss statement, its structure and information capability,
- evaluation and its problems,
- assets, characteristic features and posting (long-term assets, short-term assets - stock, money, receivables),
- equity
- liabilities
- temporary accounts of assets and liabilities / accruals and deferrals
- closing of books and financial statements.
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Department
Learning outcomes of the course unit
Prerequisites
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
Non obligatory part - (distribution one piece of guestionary, fill it up by firm, and after ratifying by the firm its returning)
Conditions for passing an exam: Students have to demonstrate their knowledge acquired in the course and be able to apply it in practice.
Form of examination: Combined
- written accounting example (maximum 50 %),
- oral part testing students' knowledge acquired in the course (maximum 50 %).
Course curriculum
- Explaining of the significance and role of accounting, the development of accounting (regulations, harmonization, conceptual framework, the system of accounting), development trends in accounting and their characteristic features, accounting methods and principles.
- Basic instruments of accounting.
- Assets and liabilities accounts, accounting transaction, accounting operation, accounting entry,
- Balance sheet (as an accounting statement, its structure, its information capability, opening and closing of accounts),
- 4 basic variations of balance sheet accounts and examples of bookkeeping on assets and liabilities accounts, origin of costs and incomes and their impact on the balance sheet,
- Profit and loss statement, its structure and information capability,
- Evaluation and its problems,
- Assets, characteristic features and posting (long-term assets, short-term assets - stock, money, receivables),
- Equity
- Liabilities
- Temporary accounts of assets and liabilities / accruals and deferrals
- Closing of books and financial statements
The seminars will be focused on practising the lectured topics and elaboration of case studies (both individually and in teams).
Work placements
Aims
acquire general theoretic knowledge of accounting.
gain basic practical accounting skills (basic accounting operations, preparing obligatory and voluntary accounting statements, interpretation of obtained information).
Specification of controlled education, way of implementation and compensation for absences
Recommended optional programme components
Prerequisites and corequisites
Basic literature
Recommended reading
Classification of course in study plans
- Programme MGR-KS Master's
branch MGR-ŘEP-KS , 2 year of study, winter semester, compulsory
Type of course unit
Lecture
Teacher / Lecturer
Syllabus
1.Explaining of the significance and role of accounting, the development of accounting
(regulations, harmonization, conceptual framework, the system of accounting), development
trends in accounting and their characteristic features, accounting methods and principles.
2.Basic instruments of accounting.
3.Assets and liabilities accounts, accounting transaction, accounting operation, accounting entry,
4.Balance sheet (as an accounting statement, its structure, its information capability, opening and closing of accounts),
5.Four basic variations of balance sheet accounts and examples of bookkeeping on assets and liabilities accounts, origin of costs and incomes and their impact on the balance sheet,
6.Profit and loss statement, its structure and information capability,- Evaluation and its problems,
7. Long-term assets, characteristic features and posting ,accounting transaction
8. Short-term assets - (stock)and their accounting transaction
9. Money, receivables and their accounting transaction
10.Equity and their accounting transaction
11.Liabilities and their accounting transaction
12.Temporary accounts of assets and liabilities / accruals and deferrals and their accounting transaction
13.Closing of books and financial statements