| Course title | State Final Exam Accounting |
|---|---|
| Course code | KUF/BZUCM |
| Organizational form of instruction | no contact |
| Level of course | Bachelor |
| Year of study | not specified |
| Semester | Winter and summer |
| Number of ECTS credits | 0 |
| Language of instruction | Czech |
| Status of course | Compulsory |
| Form of instruction | Face-to-face |
| Work placements | This is not an internship |
| Recommended optional programme components | None |
| Lecturer(s) |
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| Course content |
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1. INTRODUCTION TO ACCOUNTING AS INFORMATION SYSTEM OF ENTERPRISE. 2. FIXED ASSETS (tangible, intangible). 3. FINANCIAL ASSET. 4. ACCOUNT RELATIONS - RECEIVABLES AND LIABILITIES. 5. INVENTORY. 6. EQUITY AND LIABILITIES CAPITAL. 7. COSTS AND INCOME, PROFIT/LOSS. 8. SPECIFIC OPERATION WITH COMPANY. LEASING. 9. FINANCIAL STATEMENTS - main principles, type of statements. 10. CONSOLIDATION OF FINANCIAL STATEMENTS - basic concepts and definition of the consolidated group. Methods of consolidation. 11. AUDIT OF FINANCIAL STATEMENTS - basic concepts and audit procedures. 12. REGULATION AND HARMONIZATION REPORTING - approaches to accounting (EU, IFRS / IAS, U.S. GAPP). Financial reporting under IFRS / IAS - conceptual framework, balance sheet, statement of comprehensive income, a commentary on the financial statements, cash flow statement, statement of changes in equity. 13. INTRODUCTION TO MANAGERIAL ACCOUNTING. 14. CONCEPTS AND CLASSIFICATION OF COSTS IN MANAGERIAL ACCOUNTING. 15. COSTING, COSTING SYSTEM. 16. BUDGETING, SYSTEM OF PLANS AND BUDGETS. 17. VARIANCE ANALYSIS.
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| Learning activities and teaching methods |
| unspecified |
| Learning outcomes |
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The content of this course is the final state examination in financial accounting. Students are required to prove their mastery of knowledge of basic concepts, principles and accounting operations, financial accounting and their application in specific tasks. Thematic content covers the prerequisite courses. Emphasis is placed on the correct definition of assets and liabilities, profit and loss, understanding the principle of duality and correlation, post the financial ability to handle cases. Another focus is the analysis of financial reporting - financial statements - in terms of both the Czech legislation, as well as the context of globalization (particularly IFRS / IAS). Related units are also devoted to basic concepts in auditing financial statements and consolidated financial statements.
The student knows the basic concepts, theoretical principles and methods used in the field in the area of financial accounting and reporting - and it is in terms of Czech accounting regulations, as well as the area of financial statements according to IFRS / IAS. Furthermore, students understand principals of management accounting, they are able to use calculation systems and prepare budgets.Students are able to apply the acquired knowledge in practice. |
| Prerequisites |
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Základy účetnictví, Finanční účetnictví, Účetní závěrka, Managerial Accounting)
KUF/CZU ----- or ----- KUF/OZUC ----- or ----- KUF/QZUC ----- or ----- KUF/ZU ----- or ----- KUF/ZUC and KUF/CFUC ----- or ----- KUF/FUC ----- or ----- KUF/FUCN ----- or ----- KUF/KFUCN ----- or ----- KUF/OFUCN and KUF/CUZA ----- or ----- KUF/KUZA ----- or ----- KUF/UZA and KUF/CMAU ----- or ----- KUF/KMAU ----- or ----- KUF/MAU ----- or ----- KUF/OMAU ----- or ----- KUF/YMAU |
| Assessment methods and criteria |
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Oral examination
The student have to prove their complex understanding knowledge of a comprehensive overview of financial accounting and financial statement, to respond to specific questions and basic theoretical knowledge applied to examples. Student should know the methods and tools of managerial accounting for performance management and responsibility management at different levels of business. |
| Recommended literature |
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| Study plans that include the course |
| Faculty | Study plan (Version) | Category of Branch/Specialization | Recommended semester | |
|---|---|---|---|---|
| Faculty: Faculty of Economics | Study plan (Version): Accounting and Financial Management (4) | Category: Economy | 3 | Recommended year of study:3, Recommended semester: Summer |
| Faculty: Faculty of Economics | Study plan (Version): Accounting and Financial Management (4) | Category: Economy | 3 | Recommended year of study:3, Recommended semester: Summer |