545-0244/08 – Analysis of Economic Operations (AHOOP)

Gurantor departmentDepartment of Economics and Control SystemsCredits5
Subject guarantorprof. Ing. Jaroslav Dvořáček, CSc.Subject version guarantorprof. Ing. Jaroslav Dvořáček, CSc.
Study levelundergraduate or graduateRequirementCompulsory
Study languageCzech
Year of introduction2015/2016Year of cancellation2015/2016
Intended for the facultiesHGFIntended for study typesMaster, Follow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
BOR200 Ing. Petr Bora, Ph.D.
DVO30 prof. Ing. Jaroslav Dvořáček, CSc.
ROL74 Ing. Markéta Laštůvková, Ph.D.
MIN131 Ing. Dominika Štěrbová, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 3+3
Part-time Credit and Examination 9+9

Subject aims expressed by acquired skills and competences

Ability of economic events analysis.

Teaching methods

Individual consultations


The role of analysis in the management (control) process, basic terms and analysis methods. Analysis of enterprise financial state, analysis of work consumption, costs analysis, yields analysis, economic result analysis, effectivity analysis.

Compulsory literature:

DVOŘÁČEK, Jaroslav. Analysis of economic operations. Ostrava : VSB -TUO, 2009. HELFERT, Erich. A. Techniques of financial analysis: a guide to value creation. 10th ed. Boston: Irwin/McGraw-Hill, c2000. Irwin/McGraw-Hill series in finance, insurance, and real estate. ISBN 0-07-229988-6. PARMAR, Vinita. Analysis of financial statements: understanding of financial analysis, open interest analysis, ratio analysis and equity analysis. Saarbrücken: LAP Lambert Academic Publishing, [2014]. ISBN 978-3-8465-8233-6. BULLOCK, Richard L. a Scott MERNITZ, ed. Mineral property evaluation: handbook for feasibility studies and due diligence. Englewood, Colorado: Society for Mining, Metallurgy & Exploration, [2018]. ISBN 978-0-87335-445-5.

Recommended literature:

BERNSTEIN, Leopold A. Financial statement analysis: theory, application, and interpretation. 5th ed. Burr Ridge: Irwin, c1993. Irwin series in undergraduate accounting. ISBN 0-256-10223-6. PETERSON DRAKE, Pamela a Frank J. FABOZZI. Analysis of financial statements. 3rd ed. Hoboken: Wiley, c2012. Frank J. Fabozzi series. ISBN 978-1-118-29998-2.

Way of continuous check of knowledge in the course of semester

Regular feedback on the progress of knowledge during the current term is provided by seminar works, semester projects, and knowledge checks.


Other requirements

Semester work processing in the field of financial analysis.


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

1. Task of analytical activity in managerial and decision making process. 2. Fundamental terms of analytical activity. 2.1. Term of analysis. 2.2. Methods of analysis – basic types of analysis, comparation, methods of ratio analysis. 2.3. Quantification of relation between synthetic and analytic indicators – sum relations, multiplication relation and combine relation among analytic indicators. 3. Analysis of financial state of enterprise. 3.1. Analysis based on Balance sheet and Income statement. 3.1.1. Financial stability of enterprise. 3.1.2. Liquidity and payment ability of enterprise. 3.1.3. Enterprise profitability. 3.1.4. Result indicators. 3.2. Du Pont pyramidal analysis. 3.3. Analyses of fundamental accounting documents and their consequences. 4. Analysis of fixed assets. 4.1. Analysis of quantity, structure and utilization of fixed assets. 4.2. Analysis of fixed assets reproduction 5. Analysis of current assets of enterprise. 5.1. Analysis of structure and combination of current assets. 5.2. Analysis of manufacturing inventories. 6. Analysis of labour consumption. 6.1. Analysis of quantity and utilization of labour force. 6.2. Analysis of productivity of labour. 6.3. Analysis of wages. 7. Analysis of costs as an input of enterprise economic system. 7.1. Cost analysis from the viewpoint of type classification and calculation classification. 7.2. Cost models. 8. Analysis of revenues. 8.1. Analysis of production process – analysis of quantity of production, analysis of assortment of production and analysis of equability of production. 9. Analysis of economic result as an output of enterprise economic system.

Conditions for subject completion

Full-time form (validity from: 2015/2016 Winter semester, validity until: 2015/2016 Summer semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of pointsMax. počet pokusů
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 33  17
        Examination Examination 67  34 3
Mandatory attendence participation:

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Conditions for subject completion and attendance at the exercises within ISP:

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Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2015/2016 (N2102) Mineral Raw Materials (2102T001) Economics and Management in the Field of Raw Materials K Czech Most 1 Compulsory study plan
2015/2016 (N2102) Mineral Raw Materials (2102T001) Economics and Management in the Field of Raw Materials P Czech Ostrava 1 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner

Assessment of instruction

2015/2016 Winter