VŠTE:BPE_FUC_1 Finanční účetnictví I - Course Information

BPE_FUC_1 Finanční účetnictví I

Extent and Intensity

2/2/0. 5 credit(s). Type of Completion: zk (examination).

Guaranteed by

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

Course Enrolment Limitations

The course is also offered to the students of the fields other than those the course is directly associated with.

fields of study / plans the course is directly associated with

• Business Economics (programme VŠTE, B_PE) (2)

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

Upon successful completion of the course, student:
1. defines the basic categories (definition of assets and liabilities, costs and revenues, the principle of duality and correlation),
2. solves basic accounting cases and compile a balance sheet and profit and loss statement,
3. identifies, classifies and records basic economic operations,
4. accounts properly for the underlying economic operations in the enterprise,
5. correctly interprets the information they get from individual accounts and reports,
6. compiles a balance sheet, a profit and loss statement, and an attachment,
7. judges the economic situation of the company well from the data they obtain in the accounting,
8. gains competence to further study this discipline in the follow-up study, as well as any changes to the laws that regulate accounting.

Syllabus

• Lectures:
• 1. Principle and importance of accounting.
• 2. Accounting documents.
• 3. Balance Sheet
• 4. Costs, revenues, profit / loss - accounting principles.
• 5. Methodological elements of accounting
• 6. Accounting plan
• 7. Basic accounting for short-term financial assets
• 8. Basics of inventory accounting method A
• 9. Basics of inventory accounting B
• 10. Basic accounting of fixed assets
• 11. Tangible and intangible fixed assets
• 12. Basic wage accounting
• 13. VAT
• Seminars:
• 1. Principle and importance of accounting. Accounting legislation in the Czech Republic.
• 2. Accounting documents. Characteristics of accounting documents, circulation of accounting documents, archiving.
• 3. Balance Sheet - Enterprise assets, characteristics and division, source of coverage.
• 4. Costs, revenues, profit / loss - characteristics, division and accounting principles.
• 5. Methodological elements of accounting; Accounting books; Control system in accounting.
• 6. Accounting plan - work schedule, account schedule. Synthetic and analytical accounts.
• 7. Continuous test. Basic accounting for short-term financial assets - cash register, bank accounts, money on the way, credits.
• 8. Basics of inventory accounting - breakdown, valuation, inventory accounting A.
• 9. Basics of inventory accounting - breakdown, valuation, inventory accounting method B, comparison of accounting of both methods, advantages and disadvantages of both methods.
• 10. Basic accounting of fixed assets - breakdown, valuation, acquisition.
• 11. Tangible and intangible fixed assets - depreciation, technical improvements of fixed assets, decommissioning, inventory differences.
• 12. Basic wage accounting - wage calculation, accounting, clearing with employees and social and health insurance institutions.
• 13. VAT - principles, principles and procedures for calculation, accounting.

Literature

required literature
• RYNEŠ, P., 2018. Podvojné účetnictví a účetní závěrka 2018. 18. aktualiz. vyd. Olomouc: Anag. ISBN 978-80-7554-116-1.
• LÍBAL, T., 2014. Účetnictví - principy a techniky. Praha: Institut certifikace účetních. ISBN 978-80-86716-94-7.
• KABOURKOVÁ, K., R. PÍCHOVÁ a M. POPÍLKOVÁ, 2016. Účetnictví. Skripta. České Budějovice: Vysoká škola technická a ekonomická v Českých Budějovicích.
• HARRISON, W. T. et al., 2015. Financial accounting. Tenth edition. Boston: Pearson. ISBN 978-0-13-342753-0.
• WILD, J. J., [2018]. Financial accounting fundamentals. 6th edit. New York: McGraw-Hill Education. ISBN 978-1-259-72691-0.

recommended literature
• KOVANICOVÁ, D., 2008. Abeceda účetních znalostí pro každého. 18. aktualiz. vyd. Praha: Bova Polygon. ISBN 978-80-7273-152-7.
• MRKOSOVÁ, J., 2013. Účetnictví 2013: učebnice pro SŠ a VOŠ. Brno: Edika. ISBN 978-80-266-0176- 0.
• RUBÁKOVÁ, V., 2014. Účetnictví pro úplně začátečníky 2014. Praha: Grada. ISBN 978-80-247-5123-8.
• CHALUPA, R., 2018. Abeceda účetnictví pro podnikatele 2018. 16. aktualiz. vyd. Olomouc: ANAG. ISBN 978-80-7554-121-5.

Forms of Teaching

Lecture
Seminar

Teaching Methods

Frontal Teaching

Student Workload

Activities	Number of Hours of Study Workload
	Daily Study	Combined Study
Preparation for the Mid-term Test	10	10
Preparation for Seminars, Exercises, Tutorial	44	80
Preparation for the Final Test	20	20
Účast na průběžném testu (in Czech)	2	2
Attendance on Lectures	26
Attendance on Seminars/Exercises/Tutorial/Excursion	26	16
Účast na závěrečném testu (in Czech)	2	2
Total:	130	130

Assessment Methods and Assesment Rate

Test – mid-term 30 %
Test – final 70 %

Language of instruction

Czech

Further comments (probably available only in Czech)

The course is taught annually.
The course is taught every week.

• Enrolment Statistics (summer 2021, recent)
  
• Permalink: https://is.vstecb.cz/course/vste/summer2021/BPE_FUC_1