| Course title | International Financial Reporting Standards 2 |
|---|---|
| Course code | KUF/IFRS2 |
| Organizational form of instruction | Lecture + Lesson |
| Level of course | Master |
| Year of study | 2 |
| Semester | Summer |
| Number of ECTS credits | 6 |
| 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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Thematic units: 1. Introduction to the course, methodical notes. Fixed asset - basic clasification. 2. Fixed assets: IAS 16 Property, Plant and Equipment. IAS 40 - Investment Property. 3. Fixed assets: IAS 38 - Intangible Assets. 4. IAS 20 - Government grants. IFRS 5 - Non-current Assets Held for Sale and Discontinued. Operations. 5. IFRS 16 - Leases. 6. Trade receivables and payables. IAS 32 - Financial Instruments: Presentation. IFRS 9 - Financial Instruments. 7. IAS 2 Inventories. 8. Biological assets: IAS 41 - Agriculture. 9. Liabilities: IAS 37 - Provisions, contingent assets and contingent liabilities. 10. Liabilities: IAS 19 - Employee Benefits. IAS 12 - Income Taxes.
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| Learning activities and teaching methods |
Monologic (reading, lecture, briefing), Project-based learning
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| Learning outcomes |
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The aim of the course is to introduce students to the issues of international aspects of financial accounting and reporting. The course follows the course International Financial Reporting Standards 1 at the level of selected standards.
Students have knowledge and skills in understanding and applying international accounting standards at the level of selected standards, including a conceptual framework in the preparation of financial statements of entities. Students are able to discuss and apply standards in accordance with the requirements of this financial reporting framework. |
| Prerequisites |
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Passing the course International Financial Reporting Standards I.
KUF/CMSV1 and KUF/CMSV1 ----- or ----- KUF/IFRS1 ----- or ----- KUF/IFS1 ----- or ----- KUF/KIFR1 ----- or ----- KUF/MSVU1 |
| Assessment methods and criteria |
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Oral examination, Written examination, Student performance assessment, Test
Credit: written test (limit for success = 70%, one possible correction). Exam: oral part. Evaluation weights: credit 50%; oral exam 50%. Exam evaluation: A (95 - 100 %) B (90 - 94 %) C (80 - 89 %) D (75 - 80 %) E (60 - 74 %) F (0 - 59 %) The student's obligation to enroll in the course in the Moodle e-learning. |
| 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 (3) | Category: Economy | 2 | Recommended year of study:2, Recommended semester: Summer |