Accounting
- Credits: 6
- Ending: Examination
- Range: 2P + 2C
- Semester: winter
- Year: 2
- Faculty of Business Management
Teachers
Included in study programs
Teaching results
The aim of the course is to teach students to use information from financial statements, understand the economic factors that may affect them and apply accounting principles in their compilation. Students should also acquire the knowledge necessary for the preparation of financial statements. Students will gain knowledge about the structure and interrelationships of the components of financial statements prepared in accordance with the various frameworks for bookkeeping. Based on the indicators identified from the individual components of the financial statements, students will be able to characterize and then present the financial situation of the entity, assess its financial stability and use the information obtained in economic decisions.
Knowledge – to acquire knowledge for the preparation of financial statements; skills – determine financial indicators; competence – assess the financial stability of the entity.
Indicative content
The financial statements and its use in the practice of major global companies and in the Slovak Republic. Factors affecting the financial statements. Legislative framework of accounting and its impact on the comparability of accounting data. Financial analysis and building blocks of financial statements (assets, liabilities, equity, costs, revenues, cash flows). Valuation of assets and liabilities. Characteristics of financial statements and its preparation. Accounting display of selected transactions, events and other circumstances
Support literature
Recquired:
1. Šlosárová, A. – Blahušiaková, M. 2020. Analýza účtovnej závierky. Bratislava : Wolters Kluwer SR. ISBN 978-80-571-01666-6
2. Juhászová, Z. a kol. 2021. Účtovníctvo. Bratislava : Wolters Kluwer SR
3. Užík, J. - Sigetová, K. - Užíková, L. (2023). Účtovníctvo zbierka príkladov. Bratislava : SKCÚ
Optional (laws and other statutes for the accounting in the SR):
1. Zákon č. 431/2002 Z. z. o účtovníctve v znení neskorších predpisov.
2. Opatrenie Ministerstva financií č. 23054/2002 –92 ktorým sa ustanovujú podrobnosti o postupoch účtovania a rámcovej účtovej osnove pre podnikateľov účtujúcich v sústave podvojného účtovníctva v znení neskorších predpisov.
3. Opatrenie Ministerstva financií Slovenskej republiky z 3. decembra 2014 č. MF/23377/2014-74, ktorým sa ustanovujú podrobnosti o individuálnej účtovnej závierke a rozsahu údajov určených z individuálnej účtovnej závierky na zverejnenie pre veľké účtovné jednotky a subjekty verejného záujmu v znení neskorších predpisov
Syllabus
1. Accounting as a source of information on the accounting entities. Accounting information for investors: financial statements of selected companies quoted at New York Stock Exchange and analysis of the scope of disclosed information. Register of the financial statements in the SR. 2. Accounting regulation and its impact on comparability of accounting information. Legal framework of accounting in the SR. 3. Economic and non-economic factors affecting accounting data. Definition, scope and classification of assets, liabilities, equity, expenses and revenues. 4. Accounting transactions and their impact on the financial position and financial performance of an accounting entity. 5. Accounting documentation, accounting records, single and double entry accounting systems and accounting books. 6. Measurement of assets and liabilities and its impact on the metrics of financial analysis. Historical costs, current value, and fair value. Use of the estimates in the accounting. 7. Accounting for funding of entities from the contribution of owners, from the credits and the loans. 8. Accounting for acquisition of assets and services and their use in the business activities. 9. Accounting for changes in the measurement of assets and liabilities. 10. Impact of the alternative ways of accounting for selected transactions, events and other conditions on the economic results of a company. Accounting principles and methods. 11. Financial statements, its structure and usability. Aims and the scopes of the individual / separate and consolidated financial statements. Audit of the financial statements. 12. Compilation of the financial statements. 13. Relation between the accounting and tax systems.
Requirements to complete the course
Total study load (in hours):
Full-time study: 156 h
26 hours of lectures
26 hours of seminars
26 hours of preparation for the seminars
24 hours of preparation for the interim concept check test (30 % of the overall grading)
54 hours of preparation for the exam, - out of which 24 hours of the preparation for the exercises (30 % of the overall grading) - out of which 30 hours of the preparation for the compilation and the analysis of the financial statements of a company (40 % of the overall grading)
Language whose command is required to complete the course
slovak
Date of approval: 10.02.2023
Date of the latest change: 23.10.2023