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Terminated in academic year 2021/2022

Accounting of Banks and Insurance Companies

Type of study Follow-up Master
Language of instruction Czech
Code 117-0044/01
Abbreviation UBP
Course title Accounting of Banks and Insurance Companies
Credits 4
Coordinating department Department of Accounting and Taxes
Course coordinator Ing. Šárka Kryšková, Ph.D.

Subject syllabus

Framework syllabus of lectures:
1. Characteristics of the banking system in the Czech Republic.
2. Czech National Bank - central bank and authority of financial supervision.
3. Chart of accounts and Czech Accounting Standards for banks - differences between the accounting procedures of banks and business entities.
4. Accounting procedures according to the individual accounting classes - accounting of cash operations and accounting with CNB, interbank payments and clients deposits, accounting of loans and adjustments to receivables, accounting of securities, settlement relations, accounting of fixed assets and inventories, accounting of provisions, expenses and income.
5. Annual accounts and financial statements and audit of financial statements.
6. Legislation rules of insurance companies and characteristics of insurance market entities.
7. Chart of accounts and Czech Accounting Standards for insurance companies - differences between the accounting procedures of insurance companies and business entities.
8. Accounting procedures according to the individual accounting classes - accounting of investments, i.e. financial investments, fixed assets and inventories, receivables and payables from insurance, other clearing relationships, equity, provisions, expenses and income.
9. Annual accounts and financial statements and audit of financial statements.

Literature

CECCHETTI, Stephen G. and Kermit L. SCHOENHOLTZ. Money, Banking, and Financial Markets. 3rd ed. New York: MacGraw-Hill, 2011. p. 673. ISBN 978-0-07-122068-2.
MISHKIN, Frederic S. The economics of money, banking, and financial markets. 11th ed. Boston: Pearson, 2016. ISBN 978-1-292-09418-2.

Advised literature

HULL, John. Risk management and financial institutions. 4th ed. Hoboken: Wiley, 2015. ISBN 978-1-118-95594-9 .
ROSE, Peter S. a Sylvia Conway HUDGINS. Bank management & financial services. 9th ed., McGraw-Hill international ed. New York: McGraw-Hill, 2013. ISBN 978-0-07-132642-1.