634-2018 – Economics of an Industrial Enterprise (EPP)

Student will be able to: - Characterize specification of economic and financial management of industrial companies. - Define information basis of economic and financial management of industrial companies. - Characterize conditions for ensuring economy and efficiency of production company. - Explain methodics managing of variable and fix costs with using calculations and budgets. - Define the specifics of the management of individual components of fixed and current assets at production companies. - Calculate the indicators of horizontal and vertical financial analysis. - Practice the principles of static and dynamic investment evaluation methods in investment decision making. - Define the current tax system, explain the terms of banking hedging and payment instruments, and the conditions for obtaining bank loans.

The subject is focused on the detailed understanding of the principles of economic and financial management of industrial enterprises, both in the area of costs and revenues, as well as in the types of long-term and circulating assets and resources of its coverage. The explanation is also focused on information security and on the tools of this economic and financial management in the form of calculations, horizontal and vertical financial analysis and static and dynamic methods of investment evaluation. The subject also makes students familiar with external legal and economic factors affecting the industrial enterprise, especially within the tax system, subsidy policy, bank instruments, and bank loans.

WAHLEN, J., M., S., P. BAGINSKI a M., T. BRADSHAW. Financial reporting, financial statement analysis, and valuation: a strategic perspective. 8E. Boston: Cengage Learning, 2015. ISBN 978-1-285-19090-7. GOLDMAN, A. J. a W. D. SIGISMOND. Business law: principles and practices. 8th ed. Mason: South-Western Cengage Learning, c2011. ISBN 978-0-538-74995-4.

SALVATORE, D. Managerial economics: principles and worldwide applications. International 8th ed. New York: Oxford University Press, c2015. ISBN 978-0-19-939715-0.