Course: Accounting of Trade

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Course title Accounting of Trade
Course code KUF/YUCO
Organizational form of instruction Lesson
Level of course Bachelor
Year of study not specified
Semester Winter
Number of ECTS credits 4
Language of instruction English
Status of course unspecified
Form of instruction Face-to-face
Work placements unspecified
Recommended optional programme components None
Course availability The course is available to visiting students
  • Vlčková Miroslava, Ing. Ph.D.
  • Kouřilová Jindřiška, doc. Ing. CSc.
Course content
Topics: 1. Introduction to accounting in trade. 2. Principles of accounting in trade. Data and information in business. 3. Types of business transactions. Cash and credit transactions, methods of payment. 4. Inventory, evidence of goods, wraps, turnover of goods, business margin, VAT, prices. 5. The methods of sales supporting, advertisement, dealership, franchising. Losses and damages. 6. Discounts in accounting - law and tax aspects, sconto, rabat, bonus, credit note, debit note. 7. Import and export of goods, overview of accounting in customs and consignment stocks. 8. The basic connection between costs, revenues and profits. Break-even point. 9. Costing system in business activities, principles of cost controlling in business. 10. Specific methods in costing, ABC method, CVP analysis. 11. Budgetary system, management of overheads, pricing decisions 12. Accounting statements in business activities, intentional and unintentional data distortion. 13. Seminar to using accounting in current business.

Learning activities and teaching methods
Monologic (reading, lecture, briefing), Dialogic (discussion, interview, brainstorming), E-learning
  • Preparation for credit - 25 hours per semester
  • Class attendance - 13 hours per semester
  • Semestral paper - 15 hours per semester
  • Preparation for classes - 39 hours per semester
  • Preparation for exam - 20 hours per semester
Learning outcomes
The aim od the course is to follow previously finished courses in accounting and other subjects with themes focused on business activities in such a context that it is possible to obtain the most comprehensive information for management and decision-making of the company engaged in business.
Students understand the problematic of business activity in the direction of economic background, i.e. in accounting, related tax and related financial scope in its complexity.

Assessment methods and criteria
Systematic student observation, Combined exam, Seminar work

Requirements: - Active participation in seminars (min. 80% attendance) - Preparation and presentation of seminar work on an assigned topic, - Successful completion of two final tests (min. 60% success rate of each test), the possisbility of the correction test.
Recommended literature
  • Drury, C. Managememt and Cost Accounting. London: Cengage Learning, 2015.
  • Kouřilová, J. Accounting in trading firms. Business accounting.. České Budějovice: EF, JCU v Českých Budějovicích., 2016.
  • THE ASSOCIATION OF CHARTERED CERTIFIED ACCOUNTANTS. Paper F1 - Accountant in Business. Complete text.. Kaplan Publishing UK., 2015.

Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester