KFMEUC International Accounting

Faculty of Economics and Administration
Autumn 2008
Extent and Intensity
0/0. 5 credit(s). Type of Completion: zk (examination).
Ing. Eva Hýblová, Ph.D. (lecturer)
Guaranteed by
Ing. Eva Hýblová, Ph.D.
Department of Finance - Faculty of Economics and Administration
Contact Person: Iva Havlíčková
Sun 21. 9. 12:50–16:15 S309, Sun 28. 9. 12:50–16:15 S310, Sun 12. 10. 16:20–19:30 S310
Prerequisites (in Czech)
Předpokladem zvládnutí přemětu jsou znalosti získané ve fakultně povinných předmětech 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
Course objectives
The main objective of the course is to make students familiar with fundamental trends of accounting harmonization in Europe, EU directives and the International Financial Reporting Standards. The course also introduces the International Financial Reporting Standards. The emphasis is put on the issue of recognizing and valuating the items of the Financial Statement in compliance with the Standards, closing books and characteristics of selected standards.
At the end of the course students should be able to:
- characterize general methods of accounting harmonization;
- use the principles of recognition and valuation of the items in the financial statements in compliance with the International Financial Reporting Standards;
- apply these Standards
  • 1. Introductory tutorial – organizational matters, course description, recommendations on studying;
  • Introduction to accounting harmonization, IAS framework;
  • Preparation of Financial Statements (IAS 1, IAS 8, IFRS 1, IAS7);
  • Fixed Assets (IAS 16, IAS 17, IAS 40, IAS 38, IAS 36);
  • Inventory (IAS 2), Money, Receivables, Financial Assets;
  • Assignment of semester paper (POT);
  • In-term test 1;
  • 2. Second tutorial – Liabilities and provisions (IAS 37), Costs and revenues (IAS 18), Income Taxes (IAS 12);
  • Effects of Changes in Foreign Exchange Rates (IAS 21), Accounting for Government Grants and Disclosure of Government Assistance (IAS 20);
  • In-term test; 2
  • Assignment of semester paper (POT)
  • 3. Third tutorial - Final assessment
  • In-term test 3
  • 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 has a form of two tutorials consisting of 12 classes. It is completed by a written exam and comprises of a theoretical part as well as practical one. In the course of the semester there are two scheduled in-term tests. The minimum success rate to pass is 60%. The semester paper is assessed either passed or failed.
Language of instruction
Further comments (probably available only in Czech)
The course is taught annually.
Information on the extent and intensity of the course: 12 hodin.
The course is also listed under the following terms Autumn 2007.
  • Enrolment Statistics (recent)
  • Permalink: https://is.muni.cz/course/econ/autumn2008/KFMEUC