Accounting in the Public Sector

Major: Accounting and Taxation
Code of subject: 6.071.00.O.067
Credits: 6.00
Department: Accounting and Analysis
Lecturer: Vysochan Oleh Stepanovych
Semester: 6 семестр
Mode of study: денна
Learning outcomes: A result of studying the module student must: - be able to determine the nature of the objects of accounting, analysis, control, audit, taxation and understand their role and place in economic activity; - have methodological tools for accounting, analysis, control, audit and taxation of economic activities of enterprises; - understand the peculiarities of the practice of accounting, analysis, control, audit and taxation of enterprises of various forms of ownership, organizational and legal forms of management and types of economic activity; - know the mechanisms of functioning of the budget and tax systems of Ukraine and take into account their features in order to organize accounting, the choice of taxation system and the formation of reporting at enterprises.
Required prior and related subjects: prerequisite: Financial accounting I, Financial accounting II co-requisite: Control and audit
Summary of the subject: Fundamentals of accounting in the public sector of the economy. Accounting for fixed assets. Accounting for intangible assets. Inventory accounting. Accounting for financial investments. Accounting for cash transactions and receivables. Accounting for equity transactions. Accounts payable. Accounting for payroll, insurance and scholarships. Accounting for income, expenses and financial results of the budget. The procedure for the formation and submission of reports by public sector entities.
Assessment methods and criteria: Current control (30%): oral questioning, work in the practice; Final control (70%): semester control (written and oral component)
Recommended books: 1. Дідик А.М. Бюджетні установи: облік, оподаткування та звітність: навч. посібник / А. М. Дідик, В. І. Лемішовський. – Львів: Видавництво “Апріорі”, 2017. – 1168 с. 2. Облік у бюджетних установах: навч. посібник / О. Ю. Акименко, В. В. Гливенко, Т. А. Гоголь та ін.; за ред. Леня В. С. – Чернігів : Десна Поліграф, 2016. – 559 с. 3. Безверхий К. В. Облік в бюджетних установах: навч. посібник / К. В. Безверхий. – Київ: «Центр учбової літератури», 2020. – 312 с. 4. Лучко М.Р. Звітність установ державного сектору економіки: навч. посібник /М.Р. Лучко, В.М. Рожелюк. – Тернопіль: Економічна думка, 2018. – 180 с.