Course: Financial Accounting

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Course title Financial Accounting
Course code KUF/FUCN
Organizational form of instruction Lecture + Lesson
Level of course Bachelor
Year of study not specified
Semester Winter
Number of ECTS credits 6
Language of instruction Czech
Status of course Compulsory, Compulsory-optional
Form of instruction unspecified
Work placements unspecified
Recommended optional programme components None
  • Hlaváčková Hana, Ing.
  • Svoboda Jaroslav, Ing. Ph.D.
  • Nývltová Kristýna, Ing. Ph.D.
Course content
Lectures and seminars (weekly): 1. Introduction to course, methodology notes. Intangible and tangible fixed assets. 2. Intangible and tangible fixed assets. 3. Inventory. 4. Financial assets - short and long term. 5. Financial assets - short and long term. Rate of exchange losses and profits. 6. Debtors and creditors - receivables, liabilities 7. Debtors and creditors - settlement with employees and members of an association for dependent activities in the pay module, tax, grants. 8. Equity - basic capital, funds. 9. Other sources, reserves, payables and bank loans. 10. Expenses and revenues. Accrual basis. Leasing. Rent of company. 11. Income from operations; transformation of income of operation to tax basis. 12. Allocation of income of operation at particular forms of companies. 13. Methodology and characteristics of financial statements. 14. Financial statements - balance sheet; income statement; supplement to statements; statement of cash flow; statement of change in shareholders' capital.

Learning activities and teaching methods
Monologic (reading, lecture, briefing)
  • Preparation for classes - 28 hours per semester
  • Preparation for credit - 14 hours per semester
  • Class attendance - 56 hours per semester
  • Semestral paper - 28 hours per semester
  • Preparation for exam - 42 hours per semester
Learning outcomes
The aim of the subject is the encompassment of general framework of accounts and the determination of demands to accounting statements from the point of user's goals. Accounting brings a complex view to an activity of an enterprise - it records expenses, revenues, the profit/loss and its diversification, assets and their sources. It also represents the relation of an enterprise and its surroundings, especially the state budget, consumers, suppliers and banking institutions.
Students understand the principles of financial accounting and financial statements of an enterprise within the Czech legislation.
Základy účetnictví (ZUC)
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Assessment methods and criteria
Oral examination, Written examination

Credit Requirements: - active participation in seminars (min. 80% turnout) - elaboration of running knowledge tests - the successful completion of 3 semester test (min. 60% success rate, the possibility of a correction test) Students are required to enroll in a course in e-learning MOODLE. Examination Requirements: - demonstration theoretical and practical knowledge: - passing a written test; 60% at least - passing an oral exam
Recommended literature
  • České účetní standardy.
  • Líbal, T. (2018). Cvičné příklady pro studium předmětu Účetnictví - principy a techniky. 17.vyd. Praha: ICU..
  • Líbal, T. (2018). Účetnictví - principy a techniky. 5.vyd. Praha: ICU..
  • Ryneš, P. (2019). Podvojné účetnictví a účetní závěrka: průvodce podvojným účetnictvím k 1.1.2019. 19. aktualiz. vyd. Olomouc: ANAG.
  • Sbírka souvztažností.
  • Svoboda, J. (2018). Finanční účetnictví - cvičení. České Budějovice: EF, JU ČB.
  • Štohl, P. (2017) :Učebnice účetnictví 2017 - 2. díl. Znojmo: Vzdělávací středisko Ing. Pavel Štoh.
  • Vyhláška MF 500/2002 Sb., ve znění pozdějších předpisů.
  • Zákon č. 563/1991 Sb. o účetnictví, ve znění pozdějších předpisů.

Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Economics Study plan (Version): Accounting and Financial Management (4) Category: Economy 2 Recommended year of study:2, Recommended semester: Winter
Faculty: Faculty of Economics Study plan (Version): Economic Informatics (4) Category: Economy 2 Recommended year of study:2, Recommended semester: Winter
Faculty: Faculty of Economics Study plan (Version): Financial and Insurance Mathematics (4) Category: Mathematics courses 2 Recommended year of study:2, Recommended semester: Winter