Course details
Accounting
IUCE Acad. year 2015/2016 Summer semester 5 credits
The subject is focused on the bases and basic principles of accounting, i.e. stress is put on construction of the balance, on changes in balance, on recognition of costs and revenues, on creation of profit/loss and on cash flows in a business entity.
Guarantor
Language of instruction
Completion
Time span
- 26 hrs lectures
- 26 hrs exercises
Department
Subject specific learning outcomes and competences
Students will understand the basic principles of accounting and interconnection in accounting operations and in financial statements. Students will gain the skills of identification of accounting operations and their influence on the items of financial statements, and skills of preparation of financial statements.
Learning objectives
Objective of the subject is to educate the students in the field of basic principles of accounting and in the primary interconnections in financial statements which are the key to understanding of any accounting systém.
Prerequisite knowledge and skills
Basic general knowledge of business economics.
Syllabus of lectures
- Logic and importance of accounting. Methodological tools of accounting.
- Balance. Changes in balance.
- Valuation of assets and liabilities.
- Costs and revenues. Profit/loss. Profit and loss statement.
- Cash flows.
- Legal framework of accounting in the Czech republic.
Syllabus of numerical exercises
The course contains two-hours lectures per week that explain basic principles, problems and methodology of the discipline, and two-hour exercises per week promoting the practical knowledge and applications of the subject presented in the lectures.
Progress assessment
The minimum evaluation of a stop-and-check test is 20 from 40 points.
Controlled instruction
Student's participation on seminars is checked.
Course inclusion in study plans