Subject description - BE1M16FIU

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BE1M16FIU Financial Accouting
Roles:PZ, P Extent of teaching:2P+2S
Department:13116 Language of teaching:EN
Guarantors:Vašíček J. Completion:Z,ZK
Lecturers:Černohous J., Vašíček J. Credits:5
Tutors:Černohous J. Semester:Z


Principles of accounting. Assets, inventory and financial investment book keeping. Debt and equity capital. Cost, revenues and profit. Tax system and accounting. Balance sheet, profit and loss account. Cash flow statement. Analysis of company's financial position. International accounting standards. Auditing, consolidated statements. Hello.

Course outlines:

1. Accounting - importance, subjects, objectives.
2. Principles and methodology of accounting, accounting systems.
3. Book-keeping of intangible assets and inventories, asset pricing.
4. Cost and revenue, provisions, accruals and deferrals.
5. Capital and financial accounts.
6. Balance sheet and its segmentation.
7. Profit and loss account and its analysis.
8. Cash flow statement, free cash flow.
9. Tax system and accounting.
10. Financial analysis, methods and objectives.
11. Methodology of calculation regulatory price.
12. Option and derivates, pricing
13. Consolidated balance sheet, firm transforming, auditing.
14. Summary, reserve

Exercises outline:

1. Accounting - importance, subjects, objectives.
2. Balance sheet and its components.
3. Costs and revenues in the accounting.
4. Book-keeping of tangible and intangible assets, depreciation.
5. Examples of provisions, accruals and deferrals.
6. Examples of financial operations book-keeping.
7. Accounting statements, tax in accounting.
8. Balance sheet, profit and loss account analysis.
9. Cash flow statement and its analysis.
10. Financial analysis.
11. Financial analysis.
12. Test.
13. Software for accounting.
14. Assessment.


1. Alexander, D.; Britton, A.;Jorissen, A.: International Fiancial Reporting and Analysis, Thomson Learning, 2005
2. International Financial Reporting Standards, IASB, London 2005,
3. Glautier, M.W.E., Underdown, B.: Accounting - Theory and Practice. London 1991
4. Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Financial Accounting, IFRS Edition: 2nd, Wiley, 2012



Subject is included into these academic programs:

Program Branch Role Recommended semester
MEEEM4_2016 Economy and Management of Power Engineering P 1
MEEEM5_2016 Economy and Management of Electrical Engineering P 1
MEEEM4_2018 Management of Power Engineering and Electrotechnics PZ 1

Page updated 30.9.2020 11:52:03, semester: Z,L/2020-1, L/2019-20, Z/2021-2, Send comments about the content to the Administrators of the Academic Programs Proposal and Realization: I. Halaška (K336), J. Novák (K336)