ESF:KFEVUC European Accounting - Course Information

KFEVUC European Accounting

Extent and Intensity

0/0. 3 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Eva Hýblová, Ph.D. (lecturer)

Guaranteed by

doc. Ing. Jaroslav Sedláček, CSc.
Department of Finance – Faculty of Economics and Administration
Contact Person: Iva Havlíčková

Timetable

Sat 11. 10. 8:30–11:50 P304, Sun 30. 11. 12:50–16:15 P304

Prerequisites (in Czech)

Znalost základů účetnictví z kurzu Finanční účetnictví I a II.

Course Enrolment Limitations

The course is only offered to the students of the study fields the course is directly associated with.

fields of study / plans the course is directly associated with

• Business Management (programme ESF, N-EKM)

Course objectives

European Accounting (KFEVUC)
The objective of the course is to make students familiar with fundamental trends in accounting harmonization in Europe, EU directives and International Financial Reporting Standards. The course also focuses on explaining the methods of International Financial Reporting Standards. Furthermore, the course is intended to describe the ways of recognizing and evaluating items of the Financial Statement in accordance with the Standards.
At the end of the course, students should be able to:
- characterize principal methods of harmonization in accounting;
- use principles of recognition and evaluation of the items in the financial statements in accordance with the International Financial Reporting Standards;
- apply these Standards

Syllabus

• 1. Introductory tutorial
• - organizational matters, course description, course recommendations;
• - introductin to harmonization of accounting;
• - conceptual framework of IAS;
• - presentation of Financial Statements (IAS 1, IAS 8, IFRS 1, IAS7).
• - fixed assets (IAS 16, IAS 17, IAS 40, IAS 38, IAS 36).
• - inventories (IAS 2), money, debtors, financial assets;
• - assignment of semester paper;
• - in-term test 1;
• 2. Second tutorial
• - liabilities and provisions (IAS 37);
• - costs and revenues (IAS 18);
• - income tax (IAS 12);
• - effects of changes in exchange rates (IAS 21);
• - accounting of government grants and disclosure of government assistance(IAS 20);
• - final assesment;
• - in-term test 2.

Literature

• HÝBLOVÁ, Eva, Jaroslav SEDLÁČEK and Petr VALOUCH. Mezinárodní účetnictví (International accounting). Brno: ESF MU, 2004, 138 pp. ISBN 80-210-3473-4. info
• Mezinárodní standardy účetního výkaznictví (IFRS) 2005 včetně Mezinárodních účetních standardů (IAS) a Interpretací k 1. lednu 2005 : úplné znění všech Mezinárodních standardů účetního výkaznictví k 1. lednu 2005. Praha: International Accounting Standards Board, 2005, 1 sv. ISBN 802395721X. info
• Mezinárodní standardy účetního výkaznictví (IFRS) 2006 včetně Mezinárodních účetních standardů (IAS) a Interpretací k 1. lednu 2006 : dodatek k IFRS 2005 - změny roku 2006. London: International Accounting Standards Board, 2006, 215 s. ISBN 8023971719. info
• KRUPOVÁ, Lenka, Libor VAŠEK and Michal ČERNÝ. IAS/IFRS : mezinárodní standardy účetního výkaznictví. Vyd. 1. Praha: VOX, 2005, 1050 s. ISBN 8086324443. info
• ŠRÁMKOVÁ, Alice. Mezinárodní standardy účetního výkaznictví : praktické aplikace. Edited by Martina Křivánková. Praha: Institut Svazu účetních, 2004, 291 s. ISBN 8086716090. info

Assessment methods

The course is taught within two tutorials consisting of 8 lessons. It is completed by a written exam that comprises of a theoretical part as well as a practical one. In the course of the semester there are two scheduled in-term tests which are to be passed with a minimal success rate of 60%. The assessment of the semester paper is either passed or failed.

Language of instruction

Czech

Further Comments

The course is taught annually.

• Enrolment Statistics (recent)
  
• Permalink: https://is.muni.cz/course/econ/autumn2008/KFEVUC