BPF_FIU2 Financial Accounting 2

Faculty of Economics and Administration
Spring 2018
Extent and Intensity
2/2/0. 8 credit(s). Type of Completion: zk (examination).
doc. Ing. Jaroslav Sedláček, CSc. (lecturer)
Ing. Petr Valouch, Ph.D. (lecturer)
Mgr. Ing. Filip Hampl (seminar tutor)
Ing. Bc. Jana Hvozdenská, Ph.D. (seminar tutor)
Ing. Eva Hýblová, Ph.D. (seminar tutor)
Ing. Zuzana Křížová, Ph.D. (seminar tutor)
Ing. Josef Nešleha (seminar tutor)
Ing. Petr Valouch, Ph.D. (seminar tutor)
doc. Ing. Jana Vodáková, Ph.D. (seminar tutor)
Ing. Michaela Jurová, Ph.D. (assistant)
Mgr. Ivana Kupčíková, DiS. (assistant)
Guaranteed by
doc. Ing. Jaroslav Sedláček, CSc.
Department of Finance - Faculty of Economics and Administration
Contact Person: Iva Havlíčková
Supplier department: Department of Finance - Faculty of Economics and Administration
Tue 9:20–11:00 P101
  • Timetable of Seminar Groups:
BPF_FIU2/01: Wed 9:20–11:00 P201, F. Hampl
BPF_FIU2/04: Thu 12:50–14:30 P303, E. Hýblová
BPF_FIU2/05: Thu 14:35–16:15 P201, Z. Křížová
BPF_FIU2/06: Thu 11:05–12:45 P103, J. Nešleha
BPF_FIU2/07: Thu 16:20–17:55 P201, Z. Křížová
BPF_FIU2/11: Thu 12:50–14:30 P103, P. Valouch
BPF_FIU2/13: Tue 18:00–19:35 P303, J. Vodáková
BPF_FIU2/14: Wed 7:40–9:15 S311, J. Hvozdenská
BPF_FIU2/15: Wed 9:20–11:00 S311, J. Nešleha
( PFFUI Financial Accounting I || BPF_FIU1 Financial Accounting 1 )&&(! PFFUII Financial Accounting II )
The subject Financial accounting II connects on Financial accounting I and on the knowledge that the students gained in their studies up to the present in the basic faculty courses.
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
The capacity limit for the course is 401 student(s).
Current registration and enrolment status: enrolled: 6/401, only registered: 0/401, only registered with preference (fields directly associated with the programme): 0/401
fields of study / plans the course is directly associated with
there are 7 fields of study the course is directly associated with, display
Course objectives
At the end of this course a student should be able to:
- apply theoretical approaches to identify the problem and propose a financial solution;
- using appropriate accounting methods for rendering economic processes in companies;
- analyze economic problems, to propose a procedure to assess the impact of accounting and financial solutions for profit;
- compile the financial statements of the enterprise.
  • 1. The meaning and character of short-term financial assets and liabilities, their valuation, accounting techniques, inventorying and analytical evidence. 2. Inventory accounting methods, its valuation, inventorying and analytical evidence. 3. Specific accounting techniques concerning internally produced inventory. Strange cases of inventory accounting at the end of accounting period. 4. Accounting techniques concerning long-term assets of accounting unit. Difference in valuation connected to acquired property and goodwill. 5. Characteristic of clearing relations. Accounting procedures concerning receivables and liabilities from business relationships. 6. Clearing with employees, institutions, shareholders, corporations and companies associated in group. Taxes and subsidies. Temporary accounts of assets and liabilities. 7. Accounting concerning equity of accounting unit. Changes in equity, capital funds, profit funds, accumulated profit or outstanding loss from previous years and loss/profit from this accounting period. 8. Accounting concerning long-term borrowed capital and reserves. Obligation emission and long-term bank credits. 9. Costs and returns – accounting procedures, profit, analytical evidence related to income tax. Calculation of the base for income tax, calculation of income tax due. Deferred income tax. 10. Final accounts. Control of completeness, correctness and conclusive evidence of accounting. Inventorying of assets and liabilities and closing of accounting books. Calculation and clearing of income tax. 11. Compilation of closing accounting statements – balance sheet, profit and loss statement, Notes to the financial statements, cash flow statement and equity changes statement. 12. Information technologies in accounting (software products). 13. The ways of accounting harmonisation (within the bounds of European integration, IFRS and US GAAP).
    required literature
  • SEDLÁČEK, Jaroslav, Eva HÝBLOVÁ, Zuzana KŘÍŽOVÁ and Petr VALOUCH. Finanční účetnictví (postupy účtování) (Financial Accounting (Accounting Procedures)). 1. vyd. Plzeň: Vydavatelství a nakladatelství Aleš Čeněk, s.r.o., 2017. 239 pp. Účetnictví. ISBN 978-80-7380-644-6. info
  • SEDLÁČEK, Jaroslav, Eva HÝBLOVÁ, Zuzana KŘÍŽOVÁ a Petr VALOUCH. Praktikum finančního účetnictví k osvojení postupů účtování v obchodních společnostech. 2. vyd. Plzeň: Vydavatelství a nakladatelství Aleš Čeněk, s.r.o., 2014. 157 s. ISBN 978-80-7380-485-5
    recommended literature
  • KOVANICOVÁ, Dana. Abeceda účetních znalostí pro každého [Kovanicová, 2000]. 10. aktualizované vyd. Praha: Polygon, 2000. 374 s. + Ú. ISBN 80-7273-003-7. info
Teaching methods
Lecture of the theory, on the seminars accounting of economic operations typical for companies using the chart for the target businesses. Preparation of financial statements.
Assessment methods
Claims for exam: Successfully going through control tests during semester (two tests at 27 points for admission to examination must be a minimum of 17 points). The next claims for admission to exam are exercise presentation at the blackboard that has every student to fulfil during semester at specified date. The exercise is chosen to every student by the lector always in minimally one week advance. Unless the student is excused (he is ill), he has to present the exercise at specified date. There is written exam (2 to 3 theoretical questions and 2 to 3 examples maximum can get 30 points for successfully passing the exam min. 19 points). Any copying, recording or leaking tests, use of unauthorized tools, aids and communication devices, or other disruptions of objectivity of exams (credit tests) will be considered non-compliance with the conditions for course completion as well as a severe violation of the study rules. Consequently, the teacher will finish the exam (credit test) by awarding grade "F" in the Information System, and the Dean will initiate disciplinary proceedings that may result in study termination.
Language of instruction
Follow-Up Courses
Further comments (probably available only in Czech)
Study Materials
The course is taught annually.
Credit evaluation note: k = 1,5.
Information about innovation of course.
This course has been innovated under the project "Inovace studia ekonomických disciplín v souladu s požadavky znalostní ekonomiky (CZ.1.07/2.2.00/28.0227)" which is cofinanced by the European Social Fond and the national budget of the Czech Republic.

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Listed among pre-requisites of other courses
The course is also listed under the following terms Spring 2010, Spring 2011, Spring 2012, Spring 2013, Spring 2014, Spring 2015, Spring 2016, Spring 2017, Spring 2019, Spring 2020, Spring 2021.
  • Enrolment Statistics (Spring 2018, recent)
  • Permalink: https://is.muni.cz/course/econ/spring2018/BPF_FIU2