SubjectsSubjects(version: 949)
Course, academic year 2023/2024
International Accounting System and Audit - AB501034
Title: International Accounting System and Audit
Guaranteed by: Department of Economics and Management (837)
Faculty: Central University Departments of UCT Prague
Actual: from 2020
Semester: winter
Points: winter s.:6
E-Credits: winter s.:6
Examination process: winter s.:
Hours per week, examination: winter s.:2/2, C+Ex [HT]
Capacity: unknown / unknown (unknown)
Min. number of students: unlimited
Language: English
Teaching methods: full-time
Teaching methods: full-time
For type: Bachelor's
Note: course can be enrolled in outside the study plan
enabled for web enrollment
Guarantor: Strouhal Jiří prof. Ing. Ph.D.
Last update: Scholleová Hana doc. RNDr. Ing. Ph.D. (10.12.2021)
The course deals with reporting issues under IFRS. There are discussed measurement and presentation of non-current and current assets and liabilities. All issues are presented through practical case studies.
Literature -
Last update: Botek Marek Ing. Mgr. Ph.D. (17.01.2020)

R: Strouhal, J. – Bonaci, C.G. – Mustata, R.V. (2014). International Accounting Harmonisation. Prague: Oeconomica


A: IASB (2018). International Financial Reporting Standards. London: IASB.

Requirements to the exam - Czech
Last update: Fialová Jana (14.01.2020)

Zápočet: aktivní účast na cvičeních, zpracování korespondenčních úkolů, závěrečné zápočtové písemné práce

Zkouška: písemná - část teoretická a část praktická

Last update: Botek Marek Ing. Mgr. Ph.D. (17.01.2020)

1. International Accounting Harmonisation

2. Reporting of Intangible Assets (IAS 38)

3. Reporting of Property, Plant and Equipment (IAS 16)

4. Impairment of Assets (IAS 36)

5. Reporting of Investment Properties (IAS 40)

6. Reporting of Leases (IAS 17, IFRS 16)

7. Reporting of Inventories (IAS 2)

8. Reporting of Financial Instruments (IFRS 9, IFRS 7)

9. Reporting of Provisions and Contingent Liabilities (IAS 37)

10. Preparation of Financial Statements (IAS 1, IAS 7)

11. Earnings per Share (IAS 33)

12. Events after Balance Period (IAS 10)

13. Interim Financial Reporting (IAS 34)

14. Auditors Report

Course completion requirements -
Last update: Botek Marek Ing. Mgr. Ph.D. (17.01.2020)

There is expected an active participation during the semester. Final test covers theory as well as practical case studies.