Course: Principles of Accounting

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Course title Principles of Accounting
Course code KUF/YZUC
Organizational form of instruction Lecture + Lesson
Level of course not specified
Year of study not specified
Semester Winter
Number of ECTS credits 5
Language of instruction English
Status of course unspecified
Form of instruction unspecified
Work placements unspecified
Recommended optional programme components None
Course availability The course is available to visiting students
  • Vlčková Miroslava, Ing. Ph.D., MBA.
  • Svoboda Jaroslav, Ing. Ph.D.
Course content
Topics: 1. Essence, meaning and function of accounting, accounting rules. 2. General accounting principles. 3. The property company and its resources - assets and liabilities. 4. Costs and revenues, income and expenses. 5. Bill, chart of accounts, accounting records, duality and correspondence of accounts. 6. Selected basic accounting operations. 7. Tax and accounting system, direct and indirect taxes. 8. Closing of book and final accounts - preparatory operations, monitoring and closing the books. 9. Financial statements - balance sheet, profit/loss statement, cash flow statement

Learning activities and teaching methods
Monologic (reading, lecture, briefing)
  • Class attendance - 28 hours per semester
  • Preparation for credit - 28 hours per semester
  • Preparation for exam - 28 hours per semester
  • Semestral paper - 28 hours per semester
  • Preparation for classes - 28 hours per semester
Learning outcomes
The aim of the course is to acquaint students with basic accounting methods and procedures. Emphasis is placed on the correct identification of assets and liabilities, costs and benefits, understanding the principle of duality and correlations, understanding the nature of accounting, identify the impact of accounting operations in real situations and prepare financial accounts, including other related processes.
Students understand the basic principles of accounting and accounting methods in the Czech legislation and are able to charge a basic accounting operations.

Assessment methods and criteria
Combined exam

Credit Requirements: - active participation in seminars (min. 80% turnout) - elaboration of running knowledge tests - the successful completion of semester test (min. 70% success rate, the possibility of a correction test) Until 19 October 2019, students are required to enroll in a course in e-learning MOODLE: Examination Requirements: - demonstration theoretical and practical knowledge
Recommended literature
  • ACCA. (2015). ACCA F3 Complete Text. Financial Accounting. Great Britain: Kaplan Publishing.
  • Valouch, P. (2005). Accounting. MZLU Brno.
  • Vejsadova, M., Vlčkova, M., Svoboda, J. (2016) . Principles of Accounting. České Budějovice: Jihočeská univerzita v Českých Budějovicích, Ekonomická fakulta..

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