Course Details

Accounting

Academic Year 2023/24

CV083 course is part of 1 study plan

N-P-C-SI (N) / M Summer Semester 1st year

The course is focused on the basic rules of keeping evidence of company’s economic, its meaning and relevance to the needs of building economists. Legal limits are explained to students, ie accounting legislation, Act No. 563/91 Coll and applicable accounting procedures. The course is interested in Accounting system, tax accounting and double-entry accounting. Financial accounting. Basic accounting of assets and resources. Evidence of costs and revenues. Closing and financial statements. Work with the financial statements. The importance of accounting in corporate financial management.

Course Guarantor

Institute

Objective

To get fundamental skills and knowledge about financial accounting. Ability to account typi-cal accounting transactions from the area of property and financial sources, further then in the costs and returns evidence. Ability to put together prescribed account reports and to work with them for financial management needs.

Knowledge

Knowledge fundamental skills and knowledge about financial accounting.

Syllabus

1.- 2. Legislation act 563/91 coll. accounting, meaning and significance. History of accounting. Basic principles of accounting. Metodological tools of accounting.
3. Balance sheet and changes in balance sheet. Chart of accounts and sample chart of accounts.
4.- 5. Characterization and valuation of fixed assets. Accounting operations with fixed assets.
6.- 7. Characterization and valuation of inventory.Accounting operations with inventory.
8. Accounting relationships.
9. Capital accounts and long term liabilities.
10.- 11. Costs and revenues.
12.- 13. Annual closing. Financial statements and cash flow.

Prerequisites

Knowledge of financing and construction firm economy.

Language of instruction

Czech

Credits

3 credits

Semester

summer

Forms and criteria of assessment

course-unit credit and examination

Specification of controlled instruction, the form of instruction, and the form of compensation of the absences

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Offered to foreign students

Not to offer

Course on BUT site

Lecture

13 weeks, 2 hours/week, elective

Syllabus

1.- 2. Legislation act 563/91 coll. accounting, meaning and significance. History of accounting. Basic principles of accounting. Metodological tools of accounting.

3. Balance sheet and changes in balance sheet. Chart of accounts and sample chart of accounts.

4.- 5. Characterization and valuation of fixed assets. Accounting operations with fixed assets.

6.- 7. Characterization and valuation of inventory.Accounting operations with inventory.

8. Accounting relationships.

9. Capital accounts and long term liabilities.

10.- 11. Costs and revenues.

12.- 13. Annual closing. Financial statements and cash flow.

Exercise

13 weeks, 2 hours/week, compulsory

Syllabus

1. - 2. Substance and importance of accounting. Methodological tools of accounting.

3.- 4. Balance sheet. Changes in balance sheet.

5.- 6. Valuation of assets and liabilities.

7.- 8. Costs and revenues. Profit and loss. Profit and loss statement.

9.-10. Cash flow.

11.-12. Legal framework of accounting in the Czech Republic. Harmonization of accounting. Application of IFRS

13. Credit