Course syllabus MUSV2 - International Financial Reporting Standards II (ŠAVŠ - SS 2017/2018)

     Czech          English          

Course title:
International Financial Reporting Standards II
SS 2017/2018
Course supervisor:
Supervising department:
Prerequisites for registration:
Time allowance:
full-time, 2/0 (hours of lectures per week / hours of seminars per week)
part-time, 0/8 (lectures per period / seminars per period)
Type of study:
usual, consulting
Form of teaching:
lecture, seminar
Mode of completion and credits:
Exam (3 credits)
Course objective:
The objective of the course is to equip students with the knowledge, abilities, tools and methods from the field of financial accounting that are necessary for company managers.
This module is mainly focused on analysis of particular IFRS standards and providing the impact of these standards on various financial statements.
Course methods:
Basic educational tool for this module are lectures linked to study of core literature. Individual approach as well as the possibility of verification of theoretical and practical knowledge is given to students throughout preparation of their applied case study.
Course content:
1.IAS 38 - Intangible Assets (allowance 1/0)
2.Tangible Assets (allowance 1/0)
a.IAS 16 - Property, Plant and Equipment
IAS 40 - Investment Properties

IFRS 16 - Leases (allowance 1/0)
IAS 2 - Inventories (allowance 1/0)
IFRS 9 - Financial Instruments (allowance 1/0)
IFRS 9 - Derivatives and Hedge Accounting (allowance 1/0)
IAS 1 - Presentation of Financial Statements (allowance 1/0)
IAS 7 - Statement of Cash Flows (allowance 1/0)
IAS 34 - Interim Financial Reporting (allowance 1/0)
10.IAS 33 - Earnings per Share (allowance 1/0)
IAS 12 - Income Taxes (allowance 1/0)
12.IAS 10 - Events after Balance Sheet Date (allowance 1/0)
Learning outcomes and competences:
After completing the course, student:
Will be able to interpret financial statements data based on IFRS
-Will prepare and plan the corporate IFRS implementation strategy
-Will quantify impacts of the corporate IFRS implementation

Teaching methods and workload (hours of workload):
Type of teaching methodDaily attendanceCombined form
Direct teaching
     Attendance of lectures
24 h
0 h
     Consultations with teacher (part-time form of study)
0 h
24 h
     Composing of individual (seminar) work
32 h
32 h
     Preparation for final test
28 h
28 h
84 h
84 h
Assessment methods:
Requirement typeDaily attendance
Combined form
Term paper
50 %
50 %
Final test50 %50 %
100 %
100 %
Course completion:
- case study (50 %)
- final written test (50 %)
To be able to participate within final written test student has to deliver his/her case study.
Support for combined/distance forms of study:
available within AIS system
Reading list:
Language of instruction: Czech
STROUHAL, J. et al. Oceňování v účetnictví. Praha: Wolters Kluwer ČR, a.s., 2013. 420 p. ISBN 978-80-7478-366-1.
Language of instruction: English
STROUHAL, J. -- MUSTAŢĂ, R V. -- BONACI, C G. International Accounting Practices. 1st ed. Praha: Oeconomica, 2014. ISBN 978-80-245-2040-7.

Language of instruction: English
PKF INTERNATIONAL, L. Wiley IFRS 2017: Interpretation and Application of IFRS Standards. New York: John Wiley and Sons, 2017. 1024 p. ISBN 978-1-119-34022-5.

Study plans:
Field of study N-EM-GPFRE Corporate Finance Management in the Global Environment, full-time form, initial period WS 2016/2017, place of teaching Mladá Boleslav
Field of study N-EM-FRP Corporate Finance Management in the Global Environment, part-time form, initial period WS 2016/2017, place of teaching Mladá Boleslav
Run in the period of: WS 2020/2021, SS 2019/2020, WS 2019/2020, SS 2018/2019, WS 2018/2019, WS 2017/2018 (and older)
Course tutor:
prof. Ing. Jiří Strouhal, Ph.D. (examiner, instructor, lecturer, supervisor)
Teaching language: Czech, English
Mladá Boleslav

Last modification made by Ing. Lucie Kočí on 07/09/2018.

Type of output: