B_PF_A1 Company Finances A 1

University of Finance and Administration
Winter 2018
Extent and Intensity
2/1/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Jana Kotěšovcová, Ph.D. (seminar tutor)
Ing. Ivana Turková, Ph.D., MBA (seminar tutor)
Guaranteed by
Ing. Ivana Turková, Ph.D., MBA
Department of Finance – Departments – University of Finance and Administration
Contact Person: Lenka Pokorná
Timetable of Seminar Groups
B_PF_A1/cRKV: each even Wednesday 14:00–14:44 KV202, each even Wednesday 14:45–15:30 KV202, J. Kotěšovcová
B_PF_A1/cR1PH: each odd Monday 10:30–11:14 E227, each odd Monday 11:15–12:00 E227, J. Kotěšovcová
B_PF_A1/cR2PH: each even Monday 14:00–14:44 E223, each even Monday 14:45–15:30 E223, J. Kotěšovcová
B_PF_A1/pRKV: each even Wednesday 10:30–11:14 KV202, each even Wednesday 11:15–12:00 KV202, each even Wednesday 12:15–12:59 KV202, each even Wednesday 13:00–13:45 KV202, J. Kotěšovcová
B_PF_A1/pRPH: Mon 12:15–12:59 E306, Mon 13:00–13:45 E306, J. Kotěšovcová
B_PF_A1/vRMO: Fri 5. 10. 14:00–15:30 M24, 15:45–17:15 M24, Sat 3. 11. 8:00–9:30 M24, Fri 16. 11. 15:45–17:15 M24, 17:30–19:00 M24, I. Turková
B_PF_A1/vRPH: Fri 26. 10. 15:45–17:15 E125, 17:30–19:00 E125, Sat 24. 11. 11:30–13:00 E129, 14:00–15:30 E129, Fri 7. 12. 17:30–19:00 E129, J. Kotěšovcová
Prerequisites
There are no prerequisites for this course.
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
The aim of the course is to introduce the basic features of the company, with the processes that take place in the company and which fulfills the basic general objective of its activities.
At the end of the course students will be able to handle and explain the issues necessary for the financial decisions of an operative nature according to other activities in the business process. At the same time course will lead to basic practical conventions in analyzing of financial statements and drawing up a financial plans.
Learning outcomes
Upon completion of this course the student will have the following professional knowledge. He will be able to characterize the nature of the enterprise and business in the Czech Republic, the typology of the enterprises. Explain the differences in different legal forms of business. Can compile a business plan, including a founding budget. Identify the basic links between the financial statements in relation to the financial management of the enterprise. Clearly determine the ownership and capital structure of the business, including its optimization. To characterize the different categories of enterprise costs and returns in business, its effectiveness in relation to profit-volume production-cost-cost. In the context of operational management, it is able to determine the cash flow, net working capital and the substance of the current assets management. Explain the importance of the financial plan, including its compilation. It can differentiate and correctly decide on the use of different sources of short-term funding.
Syllabus
  • 1. Principles of enterprise and entrepreneurship - basic concepts, surroundings, objectives and functions
  • 2. Typology of enterprises and enterprise life - selection of the legal form of business, business plan, founding budget
  • 3. Corporate accounting - financial accounting as a source of data , the links between the financial statements, management accounting, costing, budgeting, business statistics
  • 4. Ownership structure of the company - analysis of balance sheet items
  • 5. The capital structure of the company - views of the company's capital structure, optimal capital structure
  • 6. Cost of the enterprise and their categories - determination a tipping point of maximum profit, operating leverage
  • 7. The effectiveness of the enterprise and its basic categories - the role of profit and loss in business, production factors, the relationship between profit, production volume, price and cost
  • 8. Management of cash flow - the method of determining the cash flow, capital of labour and its management
  • 9. Corporate financing - types, sources of regular financing, financial management and decision making, financial leverage
  • 10. Financial planning - business strategy, principles of financial planning, classification of financial plans, financial planning models
  • 11.Production and production capacity - production planning, production capacity, productivity
  • 12. Management of current assets - its principles, tasks, management tools
Literature
    required literature
  • SYNEK, M. a KISLINGEROVÁ EVA. Podniková ekonomika. 6.,přeprac.a dopl.vyd. Praha: C.H.Beck, 2015. ISBN 978-80-7400-274-8
  • ŠIMAN a PETERA. Financování podnikatelských subjektů, teorie pro praxi. Praha: C.H.Beck, 2010. ISBN 978-7400-117-8
  • SYNEK, M. a kol. Manažerská ekonomika. 5.vydání. Praha: Grada Publishing, 2011. ISBN 978-80-247-3494-1
    recommended literature
  • KISLINGEROVÁ, Eva. Manažerské finance. 3.vydání. Praha, 2010. C.H.BECK. ISBN 978-80-7400-194-9
  • TICHÝ, Jaromír. Zdroje financování podniku. 1. vyd. Praha: EUPRESS, 2012, 100 pp. ISBN 978-80-7408-070-8. info
  • BUDÍK, Josef. Finanční investování. 1. vydání. Praha: Vysoká škola finanční a správní, o.p.s., 2011, 196 pp. EUPRESS. ISBN 978-80-7408-047-0. info
  • SEDLÁČEK, J. Cash flow. 2.vydání. Brno: Computer Press, 2010. ISBN 978-80-251-3130-5.
  • MAREŠ, D.: Nové trendy ve financích a ekonomice. Praha:Wolter Kluwer ČR, 2017. 220 s.ISBN 978-80-7552-920-6
Teaching methods
Teaching consists of lectures and exercises in full-time study, managed by group consultations in the form of study. The scope of compulsory participation in education: Minimum mandatory participation in exercises in full-time studies is 75%, the controlled group consultations in combined form 50%. Students who fail to meet the mandatory level of participation may be given during the semester additional study obligations to the extent that will demonstrate academic achievement and acquired competencies necessary for successful completion of course.
Assessment methods
The subject is finished by exam and credit in the form of a written test (practical examples trained during exercises) – success of the test min.60%. Another condition for the credit is the elaboration of the assignment of seminar work, whose topic will be assigned at the beginning of the semester in the exercises. The acquiring of credit is necessary condition for student to be able to take the exam. The exam consists of a written test on theoretical grounds, which is followed by an oral examination.
Language of instruction
Czech
Follow-Up Courses
Further comments (probably available only in Czech)
Information on completion of the course: povinná seminární práce v rozsahu 5 - 8 stran
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: 10 hodin KS/semestr.
The course is also listed under the following terms Summer 2011, Winter 2011, summer 2012, Winter 2012, Summer 2013, Summer 2014, Summer 2015, Summer 2016, Winter 2016, Summer 2017, Winter 2017, Winter 2019.
  • Enrolment Statistics (Winter 2018, recent)
  • Permalink: https://is.vsfs.cz/course/vsfs/winter2018/B_PF_A1