Course Details
Accounting
Academic Year 2022/23
GV53 course is part of 2 study plans
B-P-C-GK Summer Semester 1st year
B-K-C-GK Summer Semester 1st year
Legal frameworks for the accounting system, Act No 563/91 Coll. Processes of accounting. Accounting systems, single-entry system and double entry system. Financial accounting. Basic accounting in the area of property and sources. Evidence of costs and returns. Financial statement. Working with accounting statements. Importance of the accounting in the financial management of the firm.
Course Guarantor
Institute
Objective
To get fundamental skills and knowledge about financial accounting. Ability to account typical 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 about financial accounting. Ability to account typical accounting transactions from the area of property and financial sources, further then in the costs and returns evidence.
Syllabus
1.–2. Act. No 563/91 Coll. about accounting.
3. Assets and liabilities. Balance sheet, types of balance sheets. Balance sheet day. Costs and revenues of accounting unit.
4. Account. Types of accounts. Basic accounting operation in the area of assets, accounting of costs and revenues.
5. Chart of acounts and accounting procedures for entrepreneurs. Accounting of long tangible and intangible assets.
6. Stock accounting.
7. Accounting for financial accounts. Accounting of receivables and liabilities.
8. Evidence of wages. Accounting in relation to state budget (taxes and grants).
9. Accounting of costs and revenues.
10. Accrued expenses and revenues. Estimated items.
11. Creation and use of reserves. Link to income tax.
12. Accounting in accounting class 4 - Capital accounts and long-term liabilities.
13. Closing of accounts. Accounting procedures at the end of accounting period. Closing and opening of accounting books. Using of profit or loss.
Prerequisites
Knowledge of financing and construction firm economy.
Language of instruction
Czech
Credits
2 credits
Semester
summer
Forms and criteria of assessment
course-unit credit
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. Act. No 563/91 Coll. about accounting.
3. Assets and liabilities. Balance sheet, types of balance sheets. Balance sheet day. Costs and revenues of accounting unit.
4. Account. Types of accounts. Basic accounting operation in the area of assets, accounting of costs and revenues.
5. Chart of acounts and accounting procedures for entrepreneurs. Accounting of long tangible and intangible assets.
6. Stock accounting.
7. Accounting for financial accounts. Accounting of receivables and liabilities.
8. Evidence of wages. Accounting in relation to state budget (taxes and grants).
9. Accounting of costs and revenues.
10. Accrued expenses and revenues. Estimated items.
11. Creation and use of reserves. Link to income tax.
12. Capital accounts and long-term liabilities.
13. Closing of accounts. Accounting procedures at the end of accounting period. Closing and opening of accounting books. Using of profit or loss.