Course detail

Finance and Accounting for Business Strategy

FP-EfabsPDAcad. year: 2011/2012

a) The financial environment and share price analysis
b) The financial statements of corporations
c) Interpretation of financial statement and limitations of such interpretation
d) Internal planning and control using budgetary analysis
e) Decision making in the long term and the short term

Language of instruction

English

Number of ECTS credits

8

Mode of study

Not applicable.

Guarantor

prof. Ing. Mária Režňáková, CSc.

Department

Institute of Finances (ÚF)

Learning outcomes of the course unit

a) Explain key accounting and finance theories, with supporting calculations and using seminal research
b) Summarise a range of possible outcomes and recommendations within simulated and real life business contexts
c) Extract, interpret and analyse real financial data and information, and discuss the implications of the analysis
d) Critically evaluate sources of the above data and information regarding their relevance and reliability
e) Communicate effectively by written means to a business audience

Prerequisites

Successful completion of the course is conditional on the knowledge of accounting, banking, financial mathematics and business economics. Students are also expected to be able to make company financial analysis.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Teaching methods depend on the type of course unit as specified in the article 7 of BUT Rules for Studies and Examinations.

Assesment methods and criteria linked to learning outcomes

Module will be evaluated on the basis of:
I. Final Exam - 50% of final grade (the comprehensive final exam covering the entire module)
II. Presentation of Papers - 50% of final grade (The short papers will be written in English. They will regard different topics related to the module material.)

Course curriculum

1. Company financial management. Aspects of strategic financial management. Content of financial management during different business life cycle phases.
2. Company financial goals. Economic Value Added.
3. Financing strategy – Equity financing (internal, external – stocks issue: capital market, types of stocks and related rights).
4. Financing strategy – Equity financing (external – stocks issue: increasing of owner's equity, venture capital).
5. Financing strategy – Debt capital (bonds, bank loan).
6. Financing strategy – Debt capital (leasing). Costs of capital and their utilization in financial decision making.
7. Financing strategy – Company capital structure optimalization. Company dividend policy.
8. Market company valuation. Strategic company valuation. Financial Planning.
9. Investment strategy – types of investment strategy. Capital Planning. Risks in investment projects.

Work placements

Not applicable.

Aims

To help students to gain a thorough understanding of how accounting and finance information can be used in corporate analysis, control and strategic decision-making. The context will be the business organisation though many of the ideas considered will apply equally to the not-for-profit and public sectors.

Specification of controlled education, way of implementation and compensation for absences

Attendance at lectures is not compulsory, but is recommended. Attendance at seminars is checked by the tutor. Lessons are composed on the basis of weekly schedules. Way of substituting missed lessons is fully in competence of a teacher.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Atrill, P. & McLaney, E., (2004) Accounting and Finance for Non-Specialists, 4, Prentice Hall, Harlow (EN)

Recommended reading

Atrill, P. & McLaney, E., (2004) Accounting and Finance for Non-Specialists, 4, Prentice Hall, Harlow (EN)

Classification of course in study plans

  • Programme MGR-EBF Master's

    branch MGR-EBF , 2. year of study, winter semester, compulsory

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

prof. Ing. Mária Režňáková, CSc.

Syllabus

1. Company financial management. Aspects of strategic financial management. Content of financial management during different business life cycle phases.
2. Company financial goals. Economic Value Added.
3. Financing strategy – Equity financing (internal, external – stocks issue: capital market, types of stocks and related rights).
4. Financing strategy – Equity financing (external – stocks issue: increasing of owner's equity, venture capital).
5. Financing strategy – Debt capital (bonds, bank loan).
6. Financing strategy – Debt capital (leasing). Costs of capital and their utilization in financial decision making.
7. Financing strategy – Company capital structure optimalization. Company dividend policy.
8. Market company valuation. Strategic company valuation. Financial Planning.
9. Investment strategy – types of investment strategy. Capital Planning. Risks in investment projects.

Exercise

26 hours, optionally

Teacher / Lecturer

prof. Ing. Mária Režňáková, CSc.

Syllabus

1. Company financial management. Aspects of strategic financial management. Content of financial management during different business life cycle phases.
2. Company financial goals. Economic Value Added.
3. Financing strategy – Equity financing (internal, external – stocks issue: capital market, types of stocks and related rights).
4. Financing strategy – Equity financing (external – stocks issue: increasing of owner's equity, venture capital).
5. Financing strategy – Debt capital (bonds, bank loan).
6. Financing strategy – Debt capital (leasing). Costs of capital and their utilization in financial decision making.
7. Financing strategy – Company capital structure optimalization. Company dividend policy.
8. Market company valuation. Strategic company valuation. Financial Planning.
9. Investment strategy – types of investment strategy. Capital Planning. Risks in investment projects.