Course syllabus UCET2 - Accounting for Corporate Businesses in the Czech Republic (ŠAVŠ - Sklad předmětů)

     Czech          English          

Course title: Accounting for Corporate Businesses in the Czech Republic
Semester: -- item not defined --
Course supervisor: doc. Ing. Jiřina Bokšová, Ph.D.
Supervising department: Department of Finance and Accounting (ŠAVŠ)
Prerequisites for registration: Introduction to Accounting and Financial Reporting
Time allowance: full-time, 2/2 (hours of lectures per week / hours of seminars per week)
part-time, 0/16 (lectures per period / seminars per period)
Type of study: usual
Form of teaching: lecture, seminar
Mode of completion and credits: Exam (5 credits)
Course objective:
The course is aimed at the financial statements in the Czech Republic. It is focused on presenting single commercial transactions in accounting statements with an emphasis on the issue of valuating the declared entries and the practical compilation of the book closing in the Czech Republic.
 
Course methods: Basic tool for teaching Accounting II module are lectures on topics precisely specified within the syllable for this module and are directly linked to compulsory reading materials. Incremental part of this module are seminars where are practically applied theoretical knowledge. Individual approach and the possibility to evaluate students’ knowledge on practical exercises would be tested on the series of practical minitests.
 
Course content:
1.Regulation of accounting in the Czech Republic with regards to global harmonization processes. (allowance 1/1)
2.The content and form of accounting entries in the Czech Republic. (allowance 1/1)
3.Long term tangible and intangible assets: definition, evaluation, corrections and technical valuation. (allowance 1/1)
4.Long term tangible and intangible assets: amortisation methods and their significance. (allowance 1/1)
5.Long and short term financial assets, definition of proprietary and debt instruments, valuation, declaration. (allowance 1/1)
6.Inventory: definition, evaluation, valuation allowances. (allowance 1/1)
7.Provisions, the purpose of provisions and its specifics within the Czech Republic. (allowance 1/1)
8.Accounting internationally, daily and fixed exchange rates, declaring assets and liabilities related to foreign currencies. (allowance 1/1)
9.Equity capital: creation and structure, raising and lowering, dispensation of the earnings and remunaration of loss in various forms of business conduct. (allowance 1/1)
10.Financial statements: processes preceding the book closing (eg. invetory, conjectural items, items of timed differences. (allowance 1/1)
11.Cash flow statement. (allowance 1/1)
12.Balancing book: balance sheet, income and loss statement, supplements to the balancing book, cash flow statement, share capital changes statement, its practical execution, declaring ability of accounting entries. (allowance 1/1)
 
Learning outcomes and competences:
After completing the course, student:
 
-Will interpret the basic concepts, methodological elements, assumptions and principles in accounting
-Will prove the ability to interpret information reported in the financial statements of entrepreneurs in the Czech Republic
-Will prove the ability to report inventories, receivables, accruals and deferrals, and receivable and liability estimates in the Czech financial statements
-Will prove the ability to report investments (shares/bonds) in the Czech financial statements
-Will prove the ability to report liability and equity in the Czech financial statements
-Will prove the ability to report tangible/intangible assets in the Czech financial statements

Teaching methods and workload (hours of workload):
Type of teaching methodDaily attendanceCombined form
Direct teaching
     Attendance of lectures24 h0 h
     Attendance of courses/seminars/tutorials24 h24 h
     Consultations with teacher (part-time form of study)0 h4 h
Self-study
     Course reading and ongoing preparation12 h12 h
     Ongoing evaluation30 h28 h
     Composing of individual (seminar) work14 h22 h
     Composing of presentation8 h8 h
     Preparation for final test28 h42 h
Total140 h140 h
 
Assessment methods:
Requirement typeDaily attendanceCombined form
Active lecture/seminar/workshop/tutorial participation10 %10 %
Term paper7 %7 %
Presentation3 %3 %
Mid-term test(s)20 %20 %
Final test60 %60 %
Total100 %100 %
 
Course completion:
There will be two mid-term tests during the semester. These tests will take place on 6th and 10th seminar. From each mid-term test student can obtain up to 10 points. All mid-term tests must be written during the seminars (except for special occurrences such as, for instance, hospitalization etc.). In case of absence, a student is allowed to take a missed test during the following week after he/she has returned to school. The principal goal of these tests is to motivate students for continuous studying during the semester, therefore, taking these mid-term tests at the end of the semester is forbidden.
Additionally, students will have an opportunity to obtain up to 10 points during the semester depending on their activity during the seminars (Activity points will not be acknowledged in case that student will leave the class after the 'activity-excercise'). Any additional alternatives in order to obtain these points are not allowed.
Students must overall obtain at least 12 points out of the mid-term tests and activity in order to be allowed to take the final test. Furthermore, students are expected to carry out a Case Study during the course and, consequently, present their findings in the class. Students can obtain up to 10 points from this Case study (PLEASE NOTE: points obtained from the Case study ARE NOT included within the essential 12 points that will allow student to take the final test!)

Students are allowed to have one missed seminar without any official explanation (other missed seminars must be officially excused, for example, by medical institution etc.). The final exam will be in a written form (60 points).
 
Support for combined/distance forms of study:
Information materials, lectures and examples are available in the Document server.
 
Reading list:
Basic:
Language of instruction: Czech
BOKŠOVÁ, J. Účetní výkazy pod lupou I. Základy účetního výkaznictví. 1st ed. Praha: LINDE, 2013. 512 p. 1. ISBN 978-80-720-1-921-2.
RANDÁKOVÁ, M. Finanační účetnictví v České republice. VŠE Praha: OECONOMICA , 2015. 227 p. ISBN 978-80-245-2076-6.
Language of instruction: English
ALEXANDER, D. International Financial Reporting and Analysis. 5th ed. Hampshire: South-Western Cengage Learning, 2011. ISBN 978-1-4080-3228-2.
GILLESPIE, I. -- HAMILTON, K. -- LEWIS, R. Principles of financial accounting. 3rd ed. Harlow, England: Prentice Hall Press, 2004. 493 p. ISBN 0-273-67630-X.

Study plans:
B-EM-BAL Business Administration and Operations, Logistics and Quality Management, full-time form, initial academic year WS 2013/2014
B-EM-BAL Business Administration and Operations, Logistics and Quality Management, part-time form, initial academic year WS 2013/2014
B-EMCZ Economics and Management, full-time form, initial academic year WS 2019/2020
B-EMCZ Economics and Management, full-time form, initial academic year WS 2019/2020
B-EMCZ Economics and Management, part-time form, initial academic year WS 2019/2020
B-EMCZ Economics and Management, part-time form, initial academic year WS 2019/2020
B-EMEN Economics and Management, full-time form, initial academic year WS 2019/2020
B-PEMI Podniková ekonomika a manažerská informatika, full-time form, initial academic year WS 2019/2020
 
Run in the period of: WS 2019/2020, SS 2018/2019, WS 2018/2019, SS 2017/2018, WS 2017/2018, SS 2016/2017   (and older)
Course tutor: doc. Ing. Jiřina Bokšová, Ph.D. (examiner, instructor, lecturer, supervisor)
Ing. Josef Horák, Ph.D. (examiner, instructor)
prof. Ing. Jiří Strouhal, Ph.D. (examiner, instructor, lecturer)
Teaching language: Czech, English
Room: Mladá Boleslav


Last modification made by Ing. Josef Horák, Ph.D. on 06/28/2018.

Type of output: