Special Accounting

Different tax regulations, balance sheet chart of accounts layout, regulations of the regulatory agencies and specific way of doing business impose the need for special study of accounting treatment of business changes within such entities. The goal of studying this subject is to enable students to master accounting specifics arising from various sectors of economic and non-economic entities.

Upon completion of this course the student will gain basic knowledge of the accounting in specific industries (trade, banks, insurance companies, investment funds, budgetary institutions, agricultural enterprises, small businesses that apply international financial reporting standards for SMEs). The student will be able to properly record the most important business events, apply the existing regulations, perform the analysis and prepare the business plan in the trade, financial institutions (investment funds), budgetary institutions, agricultural enterprises and small businesses.

Tax accounting regulations; Accounting in commerce; Accounting of banks; Accounting of insurance companies; Accounting of investment funds; Accounting of budgetary institutions; Specifics of the accounting in enterprises engaged in agricultural production and small businesses.

Lectures i.e. systematic transfer of knowledge from the literature. The main form of work in exercises will be accounting treatment of business events from practice so that students learn how to use their gained knowledge for practical purposes.

Colloquium I (0-20 points); Colloquium II (0-20 points); Final exam (0-50 points); Attendance (2point); Class activities (seminar papers, discussions, case studies) (0-8 points)

Vukmirović, N. (2012). Special Accounting. Banja Luka: Faculty of Economics, University of Banja Luka; Lukić, R. (1999). Accounting of Trade Companies. Belgrade: Faculty of Economics.