154-0400/01 – Finance (FIN)
Gurantor department | Department of Finance | Credits | 5 |
Subject guarantor | prof. Dr. Ing. Dana Dluhošová | Subject version guarantor | prof. Dr. Ing. Dana Dluhošová |
Study level | undergraduate or graduate | Requirement | Compulsory |
Year | 1 | Semester | summer |
| | Study language | Czech |
Year of introduction | 1999/2000 | Year of cancellation | 2018/2019 |
Intended for the faculties | EKF | Intended for study types | Bachelor |
Subject aims expressed by acquired skills and competences
The aim of the course is to learn the students fundamental principles of corporate finance.
Students will be able:
- to describe financial systemand to identify basic relationships between company and its surrounding,
- to explain financial statements of a company,
- to analyze financial situation of a company,
- to describe financial sources,
- to valuate an investment projects by applying given criterions.
Teaching methods
Lectures
Summary
The subject is focused on different areas of financial management and
decision – making of a firm including its relation to economics surroundings.
The aim is to present complex view on a firm’s management and micro and macro
aspect of entrepreneurial activities. Teaching is based on present situation
in the Czech Republic including actual legal changes.
Compulsory literature:
Recommended literature:
Way of continuous check of knowledge in the course of semester
E-learning
Other requirements
There are no other requirements on student.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1. Finance fundamentals. Goals and principles of financial management. Assets and financial structure of firm. Types and phases of financial decision - making. Influence of taxes and financial markets on corporate finance.
2. Relations between financial statements. Balance sheet, its importance in financial management. Optimization of financial structure of the company, costs of capital.
3. Profit/loss statement. Importance, costs, revenues. Accounting profit and its transformation for tax purposes. Distribution of the profit of the company.
4. Cash flow of the company. Importance, inflows and outflows. Methods for cash flow calculation. Integration of the financial statements.
5. Financial analysis – fundamentals, methods. Financial ratios. Ratios interpretation.
6. Net working capital and its management.
7. Current assets management.
8. Account receivables management. Cash management, models for cash management.
9. Short-term financial sources of the company.
10. Time value of the money.
11. Long-term financial sources of the company. Internal sources. Self-financing.
12. External sources of long-term capital.
13+14. Capital budgeting and investment valuation.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction