Terms for 2017
Open DayFull list of terms
The course complements the basics of accounting. The aim is to broaden and deepen the knowledge acquired in the course Introduction to Accounting and build on them in the interpretation of other accounting issues. Students will learn how to capture the complex accounting of transactions and their relation to work in accounting estimates and the foreign currency to appreciate and show how it all. Furthermore, it is the understanding of the fundamental differences between national and international regulations accounting.
What are you going to learn
Margin manufacturing company - Meaning margins and its findings from the accounts. Zoning costs.
Change in status and activation - Change in inventories. Adjusting revenue adjustment costs.
Reserves - Working with estimates in accounting.
Investments - Income from invenstment. Interest. The distribution of interest. Fair value measurement. The valuation of the equity.
Exchange differences - realized foreign exchange gains. Unrealized foreign exchange differences
Taxes in Accounting - The most striking differences between tax and accounting, deferred tax.
Cash Flow - Investment CF, CF from financing activities.
IFRS - IFRS Access to regulate financial reporting.
IFRS and CAS II - construction contracts, fixed assets.
CAS and IFRS - Leasing - Operational and financial leasing and display it in the accounts according to Czech accounting standards and IFRS.
Audit, Accounting Theory - Preservation of assets, valuation.
How the course is organized
Full time study
The course consists of 12 lectures and 12 workshops, each lasting 1,5 hours.
Part time study
The course consists of 4 tutorials, each lasting 3 hours.
KIESO, W. E., WEYGANDT, T., WARFIELD, T. D.: Intermediate Accounting, Wiley, 2013.