Accounting of the Business Companies

The aim of the course is mastering the specifics of accounting of capital companies in a wider context. Emphasis is placed on comprehensive accounting approach, which result is the impact of accounting operations on changes in financial reports and the impact on the financial situation of corporations. In specific cases, the problem is solved not only from the perspective of Czech Accounting Standards (ČSÚ), but also with regard to the approach of Internationl Accounting Standards (IAS), resp. International Financial Reporting Standards (IFRS), EU directives and US Generally Accepted Accounting (US GAAP). In adition to knowledge of accounting rudiments, the course also uses a basic comprehension in the legislation of corporations. The assessment of possible tax impacts in specific accounting problem also contributes to the overall versatility of the subject.