Tax accounting
- Credits: 6
- Ending: Examination
- Range: 2P + 2C
- Semester: summer
- Faculty of Economic Informatics
Teachers
Included in study programs
Teaching results
The aim of the education is to familiarize students with tax accounting as an applied discipline linking accounting and the tax system of the Slovak Republic. The subject is focused on the practical use of accounting data in determining the tax liability of individuals and legal entities and in assessing the tax consequences of economic transactions.
By completing the subject, students will gain:
knowledge - a graduate of the subject understands the relationship between accounting and income tax of individuals and legal entities, knows the procedure for determining the tax base from simple and double-entry accounting, the differences between the accounting and tax perspectives on costs and revenues, the principles of tax deductibility of costs, including costs deductible after payment, the tax perspective of reserves, provisions, asset depreciation, application of tax losses and basic principles of value added tax in tax accounting,
skills - a graduate of the subject is able to identify items regulating the tax base, apply the provisions of the Income Tax Act when assessing the tax deductibility of costs and revenues, income and expenses, calculate the tax base and tax liability, apply tax losses and tax advances, process an income tax return individuals and legal entities and prepare tax returns and value added tax statements,
competence – A graduate of the course will independently assess the tax consequences of economic operations, comprehensively evaluate the impact of accounting and tax differences on tax liability and apply the acquired knowledge and skills in solving practical tax and accounting situations.
Indicative content
Tax characteristics, basic concepts and tax classification. Tax system in the SR. Identification of obligations of natural persons, entrepreneurs and legal entities when starting a business. Analysis of the possibilities of proving and applying expenses of natural persons for the needs of determining the income tax base (bookkeeping, tax records, determining the amount of expenses as a percentage of taxable income). Basic rules of keeping accounting records in a system of simple accounting. Financial statements in the system of simple accounting. Taxes as a subject of accounting. Natural persons: partial tax bases, special tax base. Identification of individual types of income. Application of non - taxable parts of the base. Identification of income from capital assets and other income. Compilation of personal income tax declaration. Legal entities: accounting for costs, revenues and quantification of profit before tax in income tax. Adjustment of the achieved profit outside the accounting system based on tax and calculation of income tax and its accounting. Compilation of a corporate income tax declaration.
Support literature
1. Legal regulations governing the field of accounting and taxes.
2. Examples and documents in electronic form provided through the e-learning portal.
3. Studies in scientific journals and proceedings, and articles in professional journals..
Syllabus
1. Tax accounting and its position in the system of accounting and taxes. The relationship between accounting and the tax system of the Slovak Republic. 2. The relationship between accounting and income tax of natural and legal persons. Accounting profit/loss and its significance for determining tax liability. 3. Determining the income tax base from single-entry and double-entry accounting data. Fundamental differences between single-entry and double-entry accounting from an income tax perspective. 4. Tax base adjustments – tax-increasing and tax-decreasing items. Differences between the accounting and tax perspectives. 5. Tax deductibility of expenses and revenues. Expenses deductible after payment and their impact on the tax base. 6. Provisions, valuation allowances, and non-tax expenses from an income tax perspective. Accounting and tax aspects of their creation and application. 7. Tax and accounting depreciation of tangible and intangible assets. Differences between accounting and tax depreciation. 8. Technical appreciation of assets and its tax consequences. Impact of technical appreciation on the input price and tax expenses. 9. Tax loss and its application. Impact of tax loss on the tax base and tax liability. 10. Income tax rates and the system of income tax prepayments. Calculation and application of prepayments in practice. 11. Personal income tax return. Preparation of the tax return based on accounting data. 12. Corporate income tax return. Tax base adjustments and calculation of tax liability. 13. Value added tax in tax accounting. Registration, taxable transactions, VAT records, tax return and statements, special VAT schemes, and comprehensive examples of complex tax-accounting assessment of economic operations.
Requirements to complete the course
Interim written assignments (40% of the final exam grade), final written exam (60% of the course grade). To successfully pass the course, it is required to achieve at least 51% of the maximum points from the interim written assignments and 51% of the maximum points from the final written exam.
Student workload
26 hours of lectures
26 hours of seminars
13 hours of preparation for the lectures
26 hours of preparation for the seminars
24 hours of preparation for the continuous written essay (40 % of the overall grading)
41 hours of preparation for the final written exam (60 % of the overall grading)
Total study load (in hours): 156
Language whose command is required to complete the course
slovak
Date of approval: 04.03.2025
Date of the latest change: 25.01.2026