MVŠO:XFU1 Financial Accounting 1 - Course Information

XFU1 Financial Accounting 1

Extent and Intensity

2/2/0. 5 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. Ing. Michal Krajňák, Ph.D., LL.M., MBA (lecturer)
Prof. Ing. Bohumil Král, CSc. (lecturer)
Ing. Michal Menšík, Ph.D. (lecturer)
doc. Ing. Eva Sikorová, CSc. (lecturer)
doc. Ing. Michal Krajňák, Ph.D., LL.M., MBA (seminar tutor)
Prof. Ing. Bohumil Král, CSc. (seminar tutor)
Ing. Michal Menšík, Ph.D. (seminar tutor)
doc. Ing. Eva Sikorová, CSc. (seminar tutor)

Guaranteed by

Ing. Michal Menšík, Ph.D.
Moravian Business College Olomouc

Course Enrolment Limitations

The course is also offered to the students of the fields other than those the course is directly associated with.

fields of study / plans the course is directly associated with

• Business Economics and Management (programme MVŠO, 1120)

Course objectives

Student will understand accounting information in the basic form of accounting report (Balance sheet, Profit and Loss statements, Cash Flow statement, Equity statement, Notes), understands the principles and assumptions which are behind these information and understands the advantages and disadvantages of these information. Student is therefor able to solve basic decision making situations related to performance. Student is aware of connections and relations between Balance Sheet, Profit and Loss Statement and Cash Flow Statement. Student understands information needs of accounting information users. Student is confronted with basic decision making situations of accounting information users, Generally Accepted Accounting Principles. Student is introduced into the basic accounting terms, methods and methodological solutions.

Syllabus

• Syllabus of lectures:
  1. Users and their decision making situations, historical context of accounting
  2. Basic content of balance sheet, balance sheet approach
  3. Basic content of Profit and Loss Statement, connection to Balance Sheet
  4. Accounting models of entrepreneurship (trade, services, production)
  5. Cash Flow
  6. Basic methodology of accounting (double entry, relevance, evaluation, ? )
  7. Closing the accounting
  8. Reporting
  9. Equity statement
  10. Consolidation
  11. Generally accepted accounting principles (GAAP)
  Seminars:
  Seminars are following lectures where students based upon the examples and case studies acquire understanding and gain the experience with the lectured topic.
  

Literature

required literature
• MENŠÍK MICHAL. Finanční účetnictví 1. Olomouc: Moravská vysoká škola Olomouc, 2018. info
• KOVANICOVÁ, D. Abeceda účetních znalostí pro každého. Praha: Bova Polygon, 2012. ISBN 978-80-7273-169-5. info
• HERZÁNOVÁ, R., KRAJŇÁK, M. Finanční účetnictví 1. Olomouc: MVŠO, 2012. ISBN 978-80-7455-033-1. info
• ROUBÍČKOVÁ, J. Sbírka příkladů z účetnictví 1. Praha: Oeconomica, 2012. ISBN 978-80-245-1890-9. info
• MLÁDEK, R. Postupy účtování podle IFRS. Praha: Leges, 2009. ISBN 978-80-87212-13-4. info

recommended literature
• CHALUPA, R. Abeceda účetnictví pro podnikatele. Olomouc: Anag, 2014. ISBN 978-80-7263-862-8. info
• MICKEITH, J., COLLINS, B. Financial Accounting and Reporting. London: Mc-Graw-Hill, 2013. ISBN 978-0077 13836. info
• SEDLÁČEK, J. Účetnictví pro manažery. Praha: Grada Publishing, 2005. ISBN 80-247-1195-8. info
• SEDLÁČEK, J. a kol. Základy finančního účetnictví. Praha: Ekopress, 2005. ISBN 80-86119-95-5. info
• KOVANICOVÁ, D. Jak porozumět světovým, evropským, českým účetním výkazům. Praha: Bova Polygon, 2004. ISBN 80-7273-095-9. info

Language of instruction

Czech

Further comments (probably available only in Czech)

The course can also be completed outside the examination period.

Teacher's information

https://teams.microsoft.com/l/team/19%3ab6983fe9e2fd4e93bb4b9efacc8ff029%40thread.tacv2/conversations?groupId=ccefc150-2d60-4ca0-a09b-204544469ba9&tenantId=ed27fc21-8d98-4df9-af69-7fce8cea652b

• Enrolment Statistics (winter 2020, recent)
  
• Permalink: https://is.mvso.cz/course/mvso/winter2020/XFU1