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Financial Accounting of Industrial Enterprise II

Type of study Follow-up Master
Language of instruction Czech
Code 654-3019/01
Abbreviation FUPP II
Course title Financial Accounting of Industrial Enterprise II
Credits 6
Coordinating department Department of Industrial Systems Management
Course coordinator Ing. Josef Kutáč, Ph.D.

Subject syllabus

Problematic of financial accounting of industrial enterprise:
1. Tangible and intangible fixed assets, special operations.
2. Inventories, work-in-progress and semi-finished products, finished products, valuation.
3. Long-term financial assets.
4. Short-term financial assets.
5. Debtors and creditors, special operations.
6. Principle of prudence.
7. Accruals and deferrals.
8. Operatins in foreign currency.
9. Operation with capital stock, long-term investments.
10. Provisions.
11. Expenses, revenues and income, accruals and deferrals.
12. Income tax payable and deferred.
13. Consolidated balance sheet and income statement.
14. The basic informations of IAS/IFRS and US GAAP.

Literature

MLÁDEK, R. IFRS and US GAAP: accounting policies and procedures. Praha: Leges, 2017, ISBN 978-80-7502-194-6.
KIMMEL P. D., WEYGANDT J. J., KIESO D. E. Financial Accounting: Tools for Business Decision Making. 6nd. New Jersey: John Wiley & Sons, 2010, ISBN 9780470534779 .

Advised literature

ROBERTS, C., WEETMANN, P., GORDON, P. International Financial Accounting: A Comparative Approach. Pearson Education, 2002.
International Financial Reporting Standards (IAS/IFRS.