BA_Ac_A1 Accounting A 1

University of Finance and Administration
Winter 2012
Extent and Intensity
2/1. 7 credit(s). Type of Completion: zk (examination).
Teacher(s)
Mag. Pietro Andrea Podda (seminar tutor)
Ing. Marie Těhlová (seminar tutor)
Ing. Miloš Krejčí (assistant)
Guaranteed by
Mag. Pietro Andrea Podda
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Ing. Mgr. Dina Riegerová
Timetable of Seminar Groups
BA_Ac_A1/cBM1PH: each odd Wednesday 14:00–14:44 E305, each odd Wednesday 14:45–15:30 E305, P. Podda
BA_Ac_A1/cBM2PH: each odd Wednesday 17:30–18:14 E304, each odd Wednesday 18:15–19:00 E304, M. Těhlová
BA_Ac_A1/pBMPH: Wed 15:45–16:29 E305, Wed 16:30–17:15 E305, P. Podda
Prerequisites
There are no prerequisites for this course
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
At the end of the course students should be able to understand and explain the basics of double-entry accounting, the main financial statements, general accounting policies, accounts, accounting documents, books of accounts, stock-reporting. The course also aims to present the applicable legislation that governs accounting in the Czech Republic, especially having regard at the most recent EU-endorsed accounting rules. This should create the basis for understanding the content and the explanatory power of the data contained in accounting statements for further use in other specialised courses.
Syllabus
  • 1. Information and accounting, accounting functions, users of accounting data, subject of accounting.
  • 2. Accounting policies and their functions. Main accounting statements and relationships among them.
  • 3. Balance sheet and its function. Balance principle. Balance sheet, its structure, form, individual elements. Method of double entries.
  • 4. Account and its function, description, content of entries in accounts.
  • 5. Assets and liabilities. Balance sheet accounts, entries in asset and liability accounts.
  • 6. Costs and revenues. Income accounts and related entries. Profit and loss account and its function, financial result and its forms.
  • 7. Types of accounts. General and analytical accounts. Off-balance-sheet accounts.
  • 8. Documents and their importance in book-keeping. Book-keeping inspection. Stock-reporting, its purpose and content. Accounting reports and books of accounts. Accounting regulation in the Czech Republic, according to EU legislation.
  • 9. Typical operations in keeping accounts of the stocks of material.
  • 10. Typical operations in keeping accounts of non-current tangible assets.
  • 11. Typical operations in keeping accounts of receivables and payables, costs and revenues.
  • 12. Comprehensive recording of the turnover of funds in accounts and their representation in books of accounts.
Literature
    required literature
  • E. McLaney and P.Atrill, Accounting an Introduction (2008 or any more recent edition), FT Prentice Hall. Chapters 1-7.
    recommended literature
  • Applying International Financial Reporting Standards, 2nd ed. / Alfredson, K, Leo, K, Picker, R, Pacter, P, Radford, J & Wise, V/ John Wiley, 2009
Teaching methods
Lectures and seminars in full-time study; tutorials in part-time study; compulsory seminar participation is 75% in full-time study, compulsory tutorial participation is 50% in part-time study.
Assessment methods
Successful completion of 2 interim tests (after lecture 4 and examination test after lecture lecture 8) and a credit test(in the last week of the lessons).
Language of instruction
English
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
General note: b0.
The course is also listed under the following terms Winter 2011, summer 2012, Winter 2013, Winter 2014, Winter 2015.
  • Enrolment Statistics (Winter 2012, recent)
  • Permalink: https://is.vsfs.cz/course/vsfs/winter2012/BA_Ac_A1