| Course title | Basic Accounting |
|---|---|
| Course code | KFC/ZU |
| Organizational form of instruction | Lecture + Exercise |
| Level of course | Bachelor |
| Year of study | not specified |
| Semester | Summer |
| Number of ECTS credits | 3 |
| Language of instruction | Czech |
| Status of course | Compulsory-optional |
| Form of instruction | Face-to-face |
| Work placements | This is not an internship |
| Recommended optional programme components | None |
| Lecturer(s) |
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| Course content |
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1. Records of business activities - basic characteristics of accounting and tax records. 2. Accounting documents - significance, types, requirements, preparation, and circulation of documents. 3. Business assets - fixed and current. Sources of financing - own and external. Inventory of assets. 4. Tax records - keeping by natural persons, tax assessment of income and expenses. Cash journal, accounts receivable and accounts payable ledger. 5. Value added tax, principle and VAT payers, VAT records, VAT entry in the cash journal. 6. Closing tax records, deductible items, application of lump-sum expenses, lump-sum tax. Calculation of personal income tax. 7. Basics of accounting, balance sheet, changes in balance sheet items, accounting in balance sheet accounts. 8. Accounting in income statement accounts. Double-entry bookkeeping, account turnovers and balances. Synthetic and analytical records. 9. Chart of accounts, account schedule, accounting entries, journal, ledger, and analytical records. 10. Accounting for short-term financial assets. Short-term loans. The essence of VAT accounting. 11. Accounting for inventories - materials, goods, and own-produced inventories. Acquisition, consumption, and sale. 12. Accounting for fixed assets, acquisition, depreciation, disposal. Accounting for wages. 13. Accounting for costs and revenues. Tax deductibility of costs and revenues. 14. Financial statements and closing accounts. Accounting profit or loss. Calculation of corporate income tax.
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| Learning activities and teaching methods |
| Lecture, Dialogic Lecture (Discussion, Dialog, Brainstorming), Demonstration |
| Learning outcomes |
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The aim of the subject is to gain basic understanding of financial accounting. The lessons start with learning about accounting parts, ways of accounting evidence, tax evidence, depreciation an accounting of assets and lead to interpretation of the accounting sheets. Due to the interactive form of teaching process that combines both classical and e-learning approach therefor enables to react to the development of the education system as well as the requirements of the participating students.Theoretical knowledge gained in the lecture enable the students to participate in the e-learning form of study following the lessons therefor with its outcomes ensure classical face-to-face communication in the required area with the leader of the practical lessons. At the same time the e-learning text automatically leads the participant to carry out the tasks and the coresponging excercises. In case of an absence of the students it is possible to participate straight in the lessons due to the e-learning portal.
Explain accouning procedures and interpret accouning sheets. |
| Prerequisites |
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unspecified
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| Assessment methods and criteria |
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Mark, Written exam
1. 80% participation in practical lessons. 2. Correct draught of all required practical cases. 3. Passing check up written exam. |
| Recommended literature |
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| Study plans that include the course |
| Faculty | Study plan (Version) | Category of Branch/Specialization | Recommended semester | |
|---|---|---|---|---|
| Faculty: Faculty of Science | Study plan (Version): Applied Chemistry (2025) | Category: Chemistry courses | 2 | Recommended year of study:2, Recommended semester: Summer |