Accounting for managers

Syllabus

Indicative content: 1. 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. Economic and non-economic factors contributing to results presented in the financial statements (changes in the level of the production, provision of services and sales of goods and merchandise; changes of cost from operating and financing activities; fraudulent financial reporting). 3. Alternative ways of accounting for selected transactions, events and other conditions on the economic results of a company. Accounting regulation and its impact on comparability of accounting information. National and international (IFRS) legal framework of accounting. 4. Selected financial metrics and their relation to financial statements. Definitions and criteria for the recognition of the elements of the financial statements (assets, liabilities, expenses, income). 5. Measurement of assets and liabilities and its impact on the metrics of financial analysis. Historical costs, current value, and fair value. 6. Accounting records, books of accounting and their use in the process of the preparation of financial statements. 7. Accounting for funding of entities from the contribution of the owners, credits and loans. 8. Accounting for acquisition of assets and its use in the process of manufacturing, sale and / or provision of services. 9. Accounting for financial assets. 10. Stock-taking of assets and liabilities. Use of estimates in accounting. 11. Preparation and presentation of the Balance-sheet. 12. Preparation and presentation of the Income statements. 13. Preparation and presentation of the Cash flow statements.