PJEFA English of Finance and Accounting

Faculty of Economics and Administration
Autumn 2005
Extent and Intensity
0/2/0. 3 credit(s). Type of Completion: z (credit).
Teacher(s)
Mgr. Radek Vogel, Ph.D. (seminar tutor)
Guaranteed by
PhDr. Helena Hušková
Language Centre, Faculty of Economics and Administration Division – Language Centre
Contact Person: Mgr. Lenka Skoupá
Timetable of Seminar Groups
PJEFA/01: Wed 15:30–17:05 S305, R. Vogel
PJEFA/02: Tue 15:30–17:05 MT205, R. Vogel
PJEFA/03: Thu 13:45–15:20 MT205, R. Vogel
Prerequisites
Students attending the course are expected to have active knowledge of English at an intermediate level, preferably after completing 4 semesters of Language 1 and passing the final exam.
Course Enrolment Limitations
The course is offered to students of any study field.
The capacity limit for the course is 65 student(s).
Current registration and enrolment status: enrolled: 0/65, only registered: 0/65, only registered with preference (fields directly associated with the programme): 0/65
Course objectives
The course English of Finance and Accounting extends the English training provided in the 4-semester compulsory course Language I, which is focused on the language of business and economics. The specialized language course English of Finance and Accounting deals in detail with terms, language structures and functions related to finance and accounting. It acquaints students with the English financial and accounting terminology and introduces the basic documents used by businesses and authorities in the connection with financial matters and accounting. An insight into the areas of finance and accounting helps to teach the relevant vocabulary and grammatical constructions. The course covers the terminology of the chart of accounts and key financial statements, money and capital, shares, bonds and other financial instruments, interest rates and credit, as well as the specific terminology of banking and insurance.
Syllabus
  • 1. Introduction. Company and corporate finance. Founding a company, flotation and subscription of shares, winding up a company, takeovers, mergers, raids. Companys assets, liabilities and equity. 2. Accounting. Bookkeeping, accounting, accounting methods and principles. Types of assets and liabilities, depreciation and amortization. 3. Chart of Accounts (Účtová osnova). Financial statements Profit and Loss Account / Income Statement (výkaz zisku a ztráty), Balance Sheet (rozvaha), Cash Flow statement (výkaz cash flow), Source and Application of Funds Statement. 4. Shares. Types of shares. Stock exchanges, share/stock indexes, market price development. 5. Bonds, notes and other financial instruments. Futures, forward contracts, options, swaps, etc. 6. Money. Forms of money, borrowing and lending. Income, remuneration. 7. Price. Cost/expenses, revenue/income, profit, margin, markup, yield. Cost accounting. 8. Financial ratios. Bad debts, liquidity, solvency, bankruptcy. 9. Banking. Central, commercial, universal and investment banks and their services. 10. Insurance. Types of insurance. Insurance companies. 11. Central banking and the state. Money supply, inflation, interest rates. Government spending. Budget receipts. 12. Taxation. Types of tax, tax return, tax allowances. 13. Review. Final test.
Literature
  • MACKENZIE, Ian. Financial English with mini-dictionary of finance. Hove: Language teaching publications, 1999, 160 s. ISBN 1-899396-00-4. info
  • DYČKOVÁ, Jana, Olga NEUMANNOVÁ and Anna NEUMANNOVÁ. Angličtina pro pracovníky bank. 1. vyd. Praha: Radix, 1995, 151 s. ISBN 80-901853-0-4. info
  • BÁČA, Jaromír, Rudolf SCHROLL and Ivan ZELENKA. Účetní česko-anglicko-německo-francouzský výkladový slovník. Praha: Bilance, 1994, 252 s. info
  • SMITH, Jay M. and Fred K. SKOUSEN. Intermediate accounting :comprehensive volume. 9. ed. Cincinnati: South-Western, 1987, 1234 s. ISBN 0-538-01921-2. info
  • MACKENZIE, Ian. English for business studies : a course for business studies and economics students : student's book [MacKenzie, 2002]. 2nd ed. Cambridge: Cambridge University Press, 2002, 208 s. : i. ISBN 0-521-75285-X. info
Assessment methods (in Czech)
Požadavky k zápočtu: - aktivní, nejméně 80% účast na seminářích, - dosažení stanovené úrovně znalostí (65 %) v testu finanční a účetní terminologie na konci semestru, - prezentace vybraného tématického okruhu.
Language of instruction
English
Further Comments
Study Materials
The course is taught annually.
  • Enrolment Statistics (recent)
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