MPF_MUST International Accounting Standards

Faculty of Economics and Administration
Autumn 2010
Extent and Intensity
2/2. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Eva Hýblová, Ph.D. (lecturer)
Ing. Eva Hýblová, Ph.D. (seminar tutor)
Guaranteed by
Ing. Eva Hýblová, Ph.D.
Department of Finance – Faculty of Economics and Administration
Contact Person: Iva Havlíčková
Timetable of Seminar Groups
MPF_MUST/01: Tue 18:00–19:35 P104, E. Hýblová
Prerequisites (in Czech)
! PFMEUC International Accounting
Předpokladem zvládnutí přemětu jsou znalosti získané ve fakultně povinném předmětu Finanční účetnictví 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
Course objectives
The purpose of the subject is to acquaint students with fundamental trends of accountancy harmonization in Europe, directives EU and International Financial Reporting Standards. The intent is also to introduce International Financial Reporting Standards. Further more the subject is intended to be descriptive in matter of recognize and measure of the Financial Statement issue in unity with Standards. At the end of this course, the students should be able to: - characterize the general methods of harmonization in accounting, - use regulations of recognition and measurement of the elements in financial statements according to the International Financial Reporting Standards. - apply these Standards
Syllabus
  • Introducing to the European accounting, harmonization of accounting, Directives of the European union.
  • International Financial Reporting Standards.
  • IAS 1 - Presentation of Financial Statements; IAS 8 – Accounting Policies, Changes in Accounting Estimates and Errors; IFRS 1 - First-time Adoption of International Financial Reporting Standards; IAS 7 -Cash Flow Statements.
  • IAS 16 - Property, Plant and Equipment; IAS 40 - Investment Property
  • IAS 38 - Intangible Assets.
  • IAS 17 - Leases
  • IAS 36 - Impairment of Assets
  • IAS 2 – Inventories, IAS 37 - Provisions, Contingent Liabilities and Contingent Assets.
  • IAS 32 - Financial Instruments: Presentation, IAS 39 - Financial Instruments: Recognition and Measurement.
  • IAS 18 – Revenue.
  • IAS 12 – Income Taxes.
  • The Effects of Changes in Foreign Exchange Rates, IAS 20 - Accounting for Government Grants and Disclosure of Government Assistance. IAS 23 - Borrowing Costs.
  • Closing seminar.
Literature
  • HÝBLOVÁ, Eva, Jaroslav SEDLÁČEK and Petr VALOUCH. Mezinárodní účetnictví (International accounting). Brno: ESF MU, 2004, 138 pp. ISBN 80-210-3473-4. info
  • Mezinárodní standardy účetního výkaznictví (IFRS) 2005 včetně Mezinárodních účetních standardů (IAS) a Interpretací k 1. lednu 2005 : úplné znění všech Mezinárodních standardů účetního výkaznictví k 1. lednu 2005. Praha: International Accounting Standards Board, 2005, 1 sv. ISBN 802395721X. info
  • Mezinárodní standardy účetního výkaznictví (IFRS) 2006 včetně Mezinárodních účetních standardů (IAS) a Interpretací k 1. lednu 2006 : dodatek k IFRS 2005 - změny roku 2006. London: International Accounting Standards Board, 2006, 215 s. ISBN 8023971719. info
  • KRUPOVÁ, Lenka, Libor VAŠEK and Michal ČERNÝ. IAS/IFRS : mezinárodní standardy účetního výkaznictví. Vyd. 1. Praha: VOX, 2005, 1050 s. ISBN 8086324443. info
  • ŠRÁMKOVÁ, Alice. Mezinárodní standardy účetního výkaznictví : praktické aplikace. Edited by Martina Křivánková. Praha: Institut Svazu účetních, 2004, 291 s. ISBN 8086716090. info
Teaching methods
The course is taught 2 hours per for lectures and two hours for seminars. The seminars are aimed at solving examples and case studies, stemming from recognition of assets, liabilities, income and revenues in accordance with International Financial Reporting Standards.
Assessment methods
The subject is taught within the range of two lectures and two seminars per week. It is enclosed by an exam, which is supposed to be written and comprises of the theoretical part as well as the practical. Throughout the semester, there are two control tests on schedule. The minimal score tolerated is 60%. The students are also liable to perform one presentation, which is classified as well (passed/failed).
Language of instruction
Czech
Further comments (probably available only in Czech)
Study Materials
The course is taught annually.
General note: Nezapisují si studenti, kteří absolvovali předmět PFMEUC.
The course is also listed under the following terms Autumn 2009, Autumn 2011, Autumn 2012, Autumn 2013, Autumn 2014, Autumn 2015, Autumn 2016, Autumn 2017, Autumn 2018, Autumn 2019, Autumn 2020, Autumn 2021, Autumn 2022, Autumn 2023, Autumn 2024.
  • Enrolment Statistics (Autumn 2010, recent)
  • Permalink: https://is.muni.cz/course/econ/autumn2010/MPF_MUST