OPF:UCBAMEU International Accounting - Course Information

UCBAMEU International Accounting

Extent and Intensity

2/0/0. 5 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. Ing. Eva Sikorová, CSc. (lecturer)

Guaranteed by

Ing. Beata Blechová, Ph.D.
Department of Finance and Accounting – School of Business Administration in Karvina

Prerequisites

FIUBAFUA Financial Accouting I || UCBAFUA Financial Accouting I
Successfull completion of course is conditioned by completion of Financial accounting I.

Course Enrolment Limitations

The course is also offered to the students of the fields other than those the course is directly associated with.

fields of study / plans the course is directly associated with

• Banking (programme OPF, B_HOSPOL)

Course objectives

The aim of the course is to develop the student´s ability to use knowledge and understanding, both theoretical and practical, of: the framework of regulations which influence direct of international accounting, financial reporting practice; theoretical approaches which have been offered as guides to international financial reporting; and accounting techniques and methods adopted in practice in the EU, USA/ US GAAP (United States Generally Accepted Accounting Principles) and other countries of the world. The course is concerned with the international principles on which organisations report to external (international) interest groups and what evidence from actual reporting practice reveals about the motivations associated with financial accounting, international accounting standards and interational financial reporting standards, also the necessity of international accounting harmonization, the elementary statements in accounting, an accounting harmonization in EU and International accounting standards. Adequate attention is also paid to the relation of knowledge of international accounting organisations and institutions, knowledge of application of the individual forms of the international harmonisation of accounting and relation with the Czech national law.

Syllabus

• 1. Conception of the process of accounting harmonisation.
  2. Accounting regulation
  3. History of International Accounting harmonization I.
  4. History of International Accounting harmonization II.
  5. History of International Accounting harmonization III.
  6. Accounting system and regulation in framework structure
  7. International Accounting Reporting Standards
  8. Procedural regulation in US GAAP
  9. Procedural regulation in US GAAP IAS/IFRS
  10. Elementary accounting statements - US GAAP a IAS/IFRS - balance statement
  11. Elementary accounting statements US GAAP a IAS/IFRS - profit and loss statement
  12. US GAAP a IAS/IFRS - tangible and intangible fixed assets
  13. IAS/IFRS and specificationf of SME (small and medium enterprizes)
  

Literature

required literature
• IASB. Progress Report. http://www.ifrs.org/Use-around-the-world/Global-convergence/Convergence-with-US-GAAP/Documents/r_120420d.pdf. info
• KIESO, D., WEYGANDT, J., WARFIELD, T. Intermediate Accounting. 14th ed. New Jersey (USA): Wiley., 2011. ISBN 978-0-470-58723-2. info

Teaching methods

Skills demonstration

Assessment methods

Grade

Language of instruction

English

Further comments (probably available only in Czech)

The course can also be completed outside the examination period.

Teacher's information

attendance in seminars 60 %, ongoing test (min. 70% success rate), combined exam

Activity	Difficulty [h]
Ostatní studijní zátěž	79
Přednáška	26
Zkouška	40
Summary	145

• Enrolment Statistics (recent)
  
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