The Department of Finance provides teaching in accounting, taxation, finance and law. The Institute guarantees specialised and practice-oriented study programme: the Bachelor's degree programme Accounting and Taxation, and the Master's degree programme Accounting and Financial Management of Enterprises. The students in these two study programmes can benefit from accreditation provided by the Association of Chartered Certified Accountants (ACCA) and the Institute of Chartered Accountants in England and Wales (ICAEW). These international certifications demonstrate a high and internationally comparable standard in these study programmes. They also allow students of these study programmes and their graduates to benefit from other education schemes provided by these international institutions.
Some subjects, especially tax, accounting and law subjects, are lectured in cooperation with experts from practice, mainly from the members of the Chamber of Tax Advisors of the Czech Republic, the Czech Bar Association, financial administration, auditors and academic staff of other universities.
Graduates of the Accounting and Taxes programme can work in a wide range of positions (not just in accounting and tax). Graduates can find jobs as accountants, assistant auditors or tax advisors, in middle management, in the financial departments of companies or in public administration. The curriculum of the "Accounting and Taxation" programme also provides a good basis for graduates to start their own business activities. After graduating from this study programme, they can continue to study in the profile-oriented follow-up Master's degree in Accounting and Financial Management of Enterprises or in another economically oriented master study programme.
Graduates of the Accounting and Financial Management of Enterprises study programme are able to define and manage the areas and activities in financial management of an enterprise, to settle issues and problems governed by international and EU tax law, to apply the international financial reporting standards and consolidated reporting. As a result, this means a wide range of activities that graduates can master, e.g. in various financial departments of multinational companies or in consultancy companies focused on providing economic, accounting and tax advisory services.
The academic staff of the department of finance also provides teaching in other study programmes accredited at the Faculty of Business and Management as well as at other faculties and departments of the Brno University of Technology.
Within the scientific research activities, the Department of Finance focuses mainly on the following areas:
- impact of mergers on company performance;
- company performance;
- specifics of financial management of holding companies;
- implementation of the innovation controlling framework - Innovation Scorecard;
- value generators, determining the value of businesses and valuing its assets;
- development of bankruptcy prediction models and research on insolvency factors;
- international income taxation;
- transfer pricing issues;
- examining specific financial relations in the public sector (local government units, public enterprises, non-profit organisations).