ESF:MKF_UFII Accounting of financial instit - Course Information

MKF_UFII Accounting of financial institutions

Extent and Intensity

0/0. 6 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Peter Mokrička, Ph.D. (lecturer)
Ing. Petr Valouch, Ph.D. (lecturer)
Ing. Peter Mokrička, Ph.D. (seminar tutor)
Ing. Petr Valouch, Ph.D. (seminar tutor)

Guaranteed by

Ing. Petr Valouch, Ph.D.
Department of Finance – Faculty of Economics and Administration
Contact Person: Ing. Peter Mokrička, Ph.D.

Timetable

Sun 18. 10. 8:30–11:50 P403, Sun 29. 11. 8:30–11:50 P403, Sun 20. 12. 8:30–11:50 P403

Prerequisites (in Czech)

( BKF_FIU1 Financial Accounting 1 || KFFUI Financial Accounting I ) && ( BKF_FIU2 Financial Accounting 2 || KFFUII Financial Accounting II )

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

• Finance (programme ESF, N-FU)

Course objectives

Content of the course builds on knowledge gained in basic course of financial accounting and specifies the fundamental differences and specificities of the accounting of commercial insurance companies and banks. At the end of this course the student will be able: to orientate oneself in legal regulation of accounting of financial institutions, to use special chart of accounts of insurance companies and bank, to account characteristics operation of financial institutions, to compile and read financial statements of insurance companies and banks, to orientate in annual reports.

Syllabus

• 1. Specifications of accounts of insurance companies and banks, legal regulation, chart of accounts and accounting procedures for banks and insurance companies, the principles of valuation in the accounts of insurance companies and banks
• 2. The accounting of insurance companies - accounting of financial placement (land, buildings, deposits, securities and derivatives) and other property which is not a financial placement
• 3. Accounting of claims and liabilities (insurance contracts, reinsurance)
• 4. Accounting of other claims and liabilities, temporary accounts, accounting for equity capital and foreign sources (with the exception of technical reserves)
• 5. Accounting of technical reserves, the influence of reinsurance at technical reserves
• 6. Accounting of costs and revenues, technical and non-technical account
• 7. The financial statements of insurance companies and their utilization for management
• 8. Bank accounting – cash transactions and accounting of bank-to-bank operations
• 9. Accounting of deposit and credit operations of customers
• 10. Accounting of other claims and liabilities (encashment, operation between headquarters and branch), accounting of tangible and intangible assets
• 11. Securities operations (accounting of own emission, claims and liabilities from transactions in securities, accounting of derivatives)
• 12. Accounting of long-term foreign sources of bank, of equity capital and of bank costs and revenues
• 13. Accounting of off-balance sheet, financial statements, the annual report and the obligation of publishing the data

Literature

• PETRJÁNOŠOVÁ, Božena. Účetnictví bank. 1. vyd. Brno: Masarykova univerzita, 2005, 144 s. ISBN 8021036486. info
• ČEJKOVÁ, Viktória and Petr VALOUCH. Účetnictví pojišťoven. Brno: ESF MU, 2005, 120 pp. ISBN 80-210-3663-X. info
• PETRJÁNOŠOVÁ, Božena. Bankovnictví. 1. vyd. Brno: Masarykova univerzita, 2004, 80 s. ISBN 8021035234. info

Assessment methods

2 written tests, written exam

Language of instruction

Czech

Further comments (probably available only in Czech)

The course is taught annually.
Credit evaluation note: k = 1,0.

• Enrolment Statistics (Autumn 2009, recent)
  
• Permalink: https://is.muni.cz/course/econ/autumn2009/MKF_UFII