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Accounting of non-governmental non-profit organizations

Type of study Bachelor
Language of instruction Czech
Code 117-0037/03
Abbreviation UNNO
Course title Accounting of non-governmental non-profit organizations
Credits 5
Coordinating department Department of Accounting and Taxes
Course coordinator Ing. Šárka Kryšková, Ph.D.

Subject syllabus

Framework syllabus of lectures:
1. Categorization of on-profit organizations.
2. Characteristics and legal regulation of particular types of non-governmental non-profit organizations.
3. Accounting Act, Decrees and mandatory chart of accounts.
4. Czech Accounting Standards for accounting entities whose major activity is not business.
5. Accounting according to individual accounting classes: fixed assets, inventories and financial assets, clearing relationships, expenses and revenues, assets and funds, determination of profit or loss, opening and closing of accounting books.
6. Closure of the accounts.
7. Annual accounts - financial statements and annual report.
8. Tax issues (specifics of taxation, determination of profit or loss and income tax base).
9. Continuous accounting example.

Literature

ZIETLOW, John. Financial Management for Nonprofit Organizations: Policies and Practices. 3rd ed. Hoboken: John Wiley & Sons, 2018. 768 p. ISBN 978-1119382560 .

Advised literature

DROPKIN Murray and James HALPIN. Bookkeeping for Nonprofits: A Step-by-Step Guide to Nonprofits Accounting. Hoboken: John Wiley & Sons, Inc., 2012. 264 p. ISBN 9781118