OPF:FIUDPUCA Accounting for Managers - Course Information

FIUDPUCA Accounting for Managers

Extent and Intensity

0/0. 10 credit(s). Type of Completion: dzk.

Teacher(s)

doc. Ing. Jana Janoušková, Ph.D. (lecturer)
doc. Dr. Ing. Jaromír Lazar (lecturer)

Guaranteed by

doc. Ing. Jana Janoušková, Ph.D.
Department of Finance and Accounting – School of Business Administration in Karvina

Prerequisites

The completion of the course does not require any extra conditions and course can be enrolled independently of other courses.

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

• Business Economics and Management (programme OPF, D_EKOMAN3) (2)

Course objectives

The content and interpretation of the course is based on the approach that dominates the teaching of accounting in the world. It emphasizes the explanatory power of accounting for the needs of managers. The aim is to analyse and to predict real economic processes in the economic entities and to deal with decision-making tasks which are based on managing economic activities of economic entities on the basis of accounting and other economic data. The course is divided into three segments including financial and managerial accounting and taxation.

Syllabus

• Accounting segment
  1. Legislative regulation of financial and managerial accounting of the Czech Republic. Basic differences between financial accounting in the Czech Republic, continental accounting, accounting system IFRS.
  2. Accounting according to IFRS methodology and Czech legislation and implications for determination the income tax.
  3. Users of financial statements and their information needs. Basic components of the financial statements, methods of valuation of assets and liabilities and the differences between Czech Accounting Standards and IFRS. The influence of both methodologies on the results of the financial analysis.
  4. Calculation of cash- flow and its use for management the financial situation of the company.
  5. Basic types of companies (manufacturing and businesses) and different approaches to accounting. Monitoring and evaluation of contracts in custom manufacturing.
  Management segment
  6. The requirements of management information system (MIS) for the organization and outputs of the economic information system.
  7. Decision-making tasks without deposit funds. Decision-making role with investment funds. Optimization tasks.
  8. Cost controlling and its use in decision management system.
  9. Methods of comparison companies using accounting information - benchmarking.
  
  Taxation segment
  10. Taxation and investment decisions of firms.
  11. Value added tax and its impact on the financial situation of the company.
  12. Tax burden and the choice of the legal form of business.
  13. The tax relief policy and legal and illegal tax evasion.
  14. Current and deferred income tax.
  

Literature

required literature
• LAZAR, J. Manažerské účetnictví a controlling. Praha: Grada Publishing, 2012. ISBN 978-80-247-4133-8. info
• DVOŘÁKOVÁ, D. Finanční účetnictví a výkaznictví podle mezinárodních účetních standardů IFRS. 3. aktualiz. a rozš. vyd. Brno: Computer Press, 2011. ISBN 978-80-251-3652-2. info
• JÍLEK, J., SVOBODOVÁ J. Účetnictví podle mezinárodních standardů účetního výkaznictví. Praha: Grada, 2011. ISBN 978-80-247-3427-9. info
• NERUDOVÁ, D. a kol. Harmonizace účetních standardů pro malé a střední podniky. Praha: Wolters Kluwer ČR, 2009. ISBN 80-7357-500-7. info
• JANOUŠKOVÁ, J. Odložená daň. Praha: Grada Publishing, 2007. ISBN 978-80-247-1852-1. info

recommended literature
• HORNGREN Ch. T. Introduction to management accounting. New Jersey: Prentice-Hall, 2013. ISBN 978-0132567466. info
• BLECHOVÁ, B. Mezinárodní standardy účetního výkaznictví. Studijní opora pro distanční studium, v tisku. Karviná: SU OPF Karviná, 2013. info
• DRURY, C. Management and cost accounting. London: International Thompson Business Press, 2011. ISBN 1-84480-349. info
• KRÁL, B. A KOL. Manažerské účetnictví. 3. doplněné a aktualizované vydání. Praha: Management Press, 2010. ISBN 978-80-7261-217-8. info
• HURT, R.L. Accounting Information Systems (Basic Concepts and Current Issues). McGraw-Hill Irwin. New York, 2008. ISBN 9780071101165. info
• WILD, J. J. KERMIT, D. L. CHIAPPETTA, B. Fundamental Accounting Principles - Phase 1. New York: McGraw-Hill Professional Publishing, 2007. ISBN 978-0-07-110309-1. info
• SIKOROVÁ, E. A KOL. České účetní standardy s komentářem. Brno: CP Books, a.s, 2005. ISBN 80-251-0722-1. info
• KOVANICOVÁ, D. A KOL. Finanční účetnictví - světový koncept. Praha: ISU, 2005. ISBN 80-7273-129-7. info
• MACINTOSH, NB. Accounting, Accountants and Accountability. London: Routledge, 2003. ISBN 0-415-27946-1. info
• COLLIER, P. M. Accounting for Managers: Interpreting Accounting Information for Decision-making. England: Aston University, Wiley, 2003. ISBN 0-470-84502-3. info
• WEETMAN, P. Financial and Management Accounting. An Introduction. London: Prentice Hall, 2003. ISBN 0-273-65788-7. info
• ŠOLJAKOVÁ, L. Manažerské účetnictví pro strategické řízení. Praha: Management Press,, 2003. ISBN 80-7261-087-2. info
• FIBÍROVÁ, J. Reporting: moderní metoda hodnocení výkonnosti uvnitř firmy. Praha: Grada Publishing, 2003. ISBN 80-247-0482-X. info

Teaching methods

One-to-One tutorial
Skills demonstration
Students' self-study

Assessment methods (in Czech)

Kombinovaná zkouška

Language of instruction

Czech

Further comments (probably available only in Czech)

The course can also be completed outside the examination period.
Information on the extent and intensity of the course: Přednáška 24 HOD/SEM.

Teacher's information

Seminar work up to 10-15 pages plus annexes and the defence during the exam.

Activity	Difficulty [h]
Konzultace	56
Ostatní studijní zátěž	370
Přednáška	24
Summary	450

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