FUC_2 Financial Accounting II

Institute of Technology and Business in České Budějovice
winter 2020
Extent and Intensity
4/1/0. 7 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Marta Hortová (seminar tutor)
Ing. Kristina Kabourková (seminar tutor)
Guaranteed by
Ing. Jaromír Vrbka, MBA, PhD.
School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice
Supplier department: School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice
Timetable of Seminar Groups
FUC_2/A6: Sun 18. 10. 14:50–16:20 D416, 16:30–18:00 D416, Sun 15. 11. 8:00–9:30 D415, 9:40–11:10 D415, Sun 10. 1. 13:05–14:35 D416, 14:50–16:20 D416, 16:30–18:00 D416, K. Kabourková
FUC_2/P01: Thu 11:25–12:55 N216, Thu 13:05–14:35 N216, K. Kabourková
FUC_2/S01: each even Friday 13:05–14:35 N006, K. Kabourková
FUC_2/S02: each even Friday 14:50–16:20 N006, K. Kabourková
Prerequisites
Knowledge of basic accounting operations and basic accounting categories (assets, liabilities, costs, income, profit and loss, correlation, balance sheet, profit and loss account) at the level of Financial Accounting 1.
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives supported by learning outcomes
The aim of the course is to get an overview of the accounting of accounting operations, ie short and long-term financial assets, securities, bills of exchange, inventories of own production, long-term tangible and intangible assets, advances, wages and salaries, wages and salaries, and their accruals, subsidies, exchange rate differences, preparation of financial statements (prepaid work, financial statements), disclosure and audit. The procedure for accounting for the closing accounting operations of a joint stock company, a public company and a limited partnership will be clarified. Students will also receive information on accounting in the primary agricultural production business, individual entrepreneur and tax records. Successful graduates are able to account for the entity's current business operations as well as economic transactions related to the annual financial statements, understand the underlying statements.
Learning outcomes
Students studying this course provides information on the short- and long-term investments and accounting for his ability to charge on tangible and intangible assets, inventories of own production, backups, wages, settlement relations, equity and debt. Understand the issues of costs, revenues and accruals, understand the link with the Income Tax Act. They can apply this issue to leasing. They will understand the issues of the annual accounts and the accounts, they will have competences in accounting for agricultural primary production, individual entrepreneurs and tax records.
Syllabus
  • Topics: 1. Short-term financial assets, valuables, inventory differences in the cash register. 2. Accounting for inventories of production by method A and method B. Advances to employees. 3. Tangible and intangible fixed assets - acquisition, classification, depreciation, amortization, inventory, disposal or loss. 4. Clearing relations, advances received and received. Subsidy. Exchange rate differences. 5. Accounting for wages and deductions from them. 6. Own and foreign sources. 7. Costs, revenues and their accruals, leasing. 8. Closure and closing accounts - activities and accounting operations related to the closure of accounts at the end of the accounting period (inventory, tax analysis of costs, leasing, estimated items, adjustments, material and goods on the way). 9. The specifics of billing for a public company and a limited partnership. Income tax accounting. Balance Sheet, Profit and Loss Account, Attachment, Disclosure, Audit. 10. Accounting for primary agricultural production. Individual business accounting. 11. Long-term financial assets, securities, bills of exchange. 12. Business tax registration - basic information, VAT non-payer. 13. Business Tax Evidence - VAT Payer. Topics of seminars: 1. Short-term financial assets, valuables, inventory differences in the cash register. 2. Accounting for inventories of production by method A and method B. Advances to employees. 3. Tangible and intangible fixed assets - acquisition, classification, depreciation, amortization, inventory, disposal or loss. 4. Clearing relations, advances received and received. Subsidy. Exchange rate differences. 5. Accounting for wages and deductions from them. 6. Own and foreign sources. 7. Mid-term test. 8. Costs, revenues and their accruals, leasing. Closure and closing accounts - activities and accounting operations related to the closure of accounts at the end of the accounting period (inventory, tax analysis of costs, leasing, estimated items, adjustments, material and goods on the way). 9. The specifics of billing for a public company and a limited partnership. Income tax accounting. Balance Sheet, Profit and Loss Account, Attachment, Disclosure, Audit. 10. Accounting for primary agricultural production. Individual business accounting. 11. Long-term financial assets, securities, bills of exchange. 12. Business tax registration - basic information, VAT non-payer. 13. Business Tax Evidence - VAT Payer.
Literature
    required literature
  • LÍBAL, Tomáš. Účetnictví - principy a techniky. 4., aktualiz. vyd. Praha: Institut certifikace účetních, 2014, 414 s. ISBN 9788086716947.
  • Ryneš, P. Podvojné účetnictví a účetní závěrka 2018. Anag. Olomouc. 2018. ISBN 978-80-7554-116-1.
  • Kovanicová, D. Abeceda účetních znalostí pro každého. Polygon. 2008. ISBN 978-80-7273-152-7.
    recommended literature
  • České účetní standardy
  • Vyhláška č. 500/2002 Sb., ve znění vyhlášky 250/2015 Sb. a 441/2017 Sb.
  • KABOURKOVÁ, Kristina. Účetnictví III (Accounting III). VŠTE v Českých Budějovicích. ISBN 978-80-87278-28-4. 2009. info
  • Daně z příjmů : zákon č. 586/1992 Sb. ve znění pozdějších novel včetně zákonů č. ... : aktuální úplné znění účinné od ... In AZ : aktuální úplná znění. Předpisy o zdravotním a sociálním pojištění a o daních z příjmů aktuálně. Praha: Dashöfer. AZ : aktuální úplná znění. Předpisy o zdravotním a. 2007. info
  • Zákon č. 563/1991 Sb., o účetnictví : ve znění pozdějších novel včetně zákona č. ... : aktuální úplné znění účinné od ... In AZ : aktuální úplná znění. Účetní předpisy aktuálně. Praha: Dashöfer. AZ : aktuální úplná znění. Účetní předpisy aktuáln. 2006. info
Forms of Teaching
Lecture
Seminar
Teaching Methods
Frontal Teaching
Group Teaching - Cooperation
Individual Work– Individual or Individualized Activity
Student Workload
ActivitiesNumber of Hours of Study Workload
Daily StudyCombined Study
Preparation for Lectures26 
Preparation for Seminars, Exercises, Tutorial1390
Preparation for the Final Test5252
Seminární práce (in Czech)2626
Attendance on Lectures52 
Attendance on Seminars/Exercises/Tutorial/Excursion1314
Total:182182
Assessment Methods and Assesment Rate
Test – final 70 %
Seminary Work 30 %
Language of instruction
Czech
Teacher's information
Attendance in lessons is defined in a separate internal standard of ITB (Evidence of attendance of students at ITB). It is compulsory, except of the lectures, for full-time students to attend 70 % lesson of the subjet in a semester.
The course is also listed under the following terms winter 2018, winter 2019, summer 2020.
  • Enrolment Statistics (recent)
  • Permalink: https://is.vstecb.cz/course/vste/winter2020/FUC_2