Advanced Financial Accounting (FAP) 220611-D
Wykład (WYK) Semestr letni 2023/24

Conventional accounting versus contemporary accounting as a financial information system with diversify functions and methodology.

Accounting theory and policy and its practical applications.

The measurement methods in an accounting and its reliability and relevance for accounting information users (information ex post and ex ante).

Recognition of specific economic resources (intellectual assets) in an accounting.

The problems of tangible and intangible assets recognition and measurement.

The methods of amortisation and valuation models of amortised assets.

True and fair view principle versus the impairment of assets - the indications, principles of recognition and measurement.

Currying and recoverable amount of individual assets and cash-generating units.

Reserves and provisions - the reasons for the recognition and their measurement.

Financial instruments (equity instruments, securities, derivatives) and its recognition.

The principles of recognition, classification and measurement of investment property.

The recognition of a finance or operating lease in an accounting.

Construction contracts and principles of their measurements.

Income taxes in an accounting (tax expense / tax income, current tax, deferred tax).