Accounting and operations of businesses 2400-L1PPRFP
The following topics will be discussed during the course:
1. The enterprise and its environment. The essence, objectives, functions and tasks of the enterprise. The life cycle of the enterprise. The connections between the enterprise and the economic environment.
2. Social responsibility in business.
3. Starting a business, forms of taxation and recording of economic operations of enterprises.
4. Forms of financing enterprises (traditional and modern).
5. Principles and types of accounting. Accounting policy of the company, the Accounting Act and the International Financial Reporting Standards.
6. Reporting obligations of the enterprise. Basic financial statements: profit and loss account, balance sheet, cash flow statement.
7. Asset and capital account - assets and liabilities. Balance sheet equation.
8. Costs and revenues. Profit and loss account. Closing of the financial year.
9. Economic operations and their impact on accounting categories (assets, liabilities, financial result). Relationships between financial statements.
10. Ratio analysis.
11. Relationships with customers and contractors, rights and obligations related to these relationships, input and output VAT, VAT exemption.
12. Financial result and taxable income, tax liabilities.
13. Investments, innovations and modern technologies in the enterprise.
14. Risk and barriers to the functioning and development of the enterprise. Closing down the business.
Type of course
Course coordinators
Learning outcomes
1) Knowledge
Graduate:
• Knows the stages of setting up a company.
• Knows the obligations of an entrepreneur.
• Knows the various forms of taxation of enterprises.
• Knows the possibilities of financing the operations of enterprises.
• Understands the connections between the enterprise and other entities.
• Understands the risk associated with running a business.
• Knows the principles of accounting.
• Knows the basic accounting categories.
• Understands the relationships between financial statements.
• Understands the impact of the operations of enterprises on the environment.
• Understands the differences between tax and financial accounting.
2) Skills
Graduate:
• Is able to indicate how specific transactions affect balance sheet items.
• Is able to prepare a simplified balance sheet and profit and loss account.
• Is able to conduct a simple ratio analysis of an enterprise.
• Is able to assess the financial situation of an enterprise.
3) Social competences
Graduate:
• Is ready to actively participate in discussions.
• Is ready to cooperate and work in a group.
Assessment criteria
Exam 75%
Activity during classes 5%
Tests and quizes during semester 20%
Bibliography
1) Materials prepared by lecturer.
2) D. Maciejowska, Podstawy rachunkowości finansowej, Wydawnictwo Naukowe Wydziału Zarządzania UW, Warszawa 2023.
3) W. Gos, S. Hońko, P. Szczypa, ABC sprawozdań finansowych. Jak je czytać, interpretować i analizować, CeDeWu, Warszawa 2023.
4) B. Godziszewski, M. Haffer, M. J. Stankiewicz, Stanisław Sudoł, Przedsiębiorstwo. Teoria i praktyka zarządzania, PWE, Warszawa 2011.
5) N. Grzenkowicz, J. Kowalczyk, A. Kusak, Z. Podgórski, M. Ambroziak, Podstawy funkcjonowania przedsiębiorstw, Wydawnictwo Naukowe Wydziału Zarządzania UW, Warszawa 2008.
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: