Course detail

Financial Analysis

FP-FA_1Acad. year: 2009/2010

The course focuses on the following topics: Main functions of financial analysis. Internal and external financial analysis. Users and the concept of main stages of financial analysis. Comparative base and the comparability problem. Sources of input data. Accounting statements weaknesses. Overview of elementary and superior methods of financial analysis. Vertical and horizontal analysis of absolute indices. Property and capital structure of company. Analysis of costs and profits, of differential indices and cash-flow. Systems of indices. Formulation of conclusions resulting from financial analysis. Introduction to financial planning.

Language of instruction

Czech

Number of ECTS credits

Mode of study

Not applicable.

Guarantor

doc. Ing. Vojtěch Bartoš, Ph.D.

Department

Institute of Finances (ÚF)

Learning outcomes of the course unit

Students will have a clear idea of modern approaches and methods of financial analysis of a company. In seminars, they will develop their abilities and skills in a field of practical application of these methods.

Prerequisites

Solution of equations and working out function graphs, knowledge of account sheets, cost accounting, cost calculation, financial analysis methods, fundamentals of organization and managerial functions within the company.

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

Conditions for awarding the course-unit credit:
1.Active participation in exercises will be controlled and assessed by the teacher – max. 100 points.
2.Successful completion of a credit test – max assessment: 100 points in due term, 80 points in first resit test and 60 points in second resit test.
3.Successful elaboration of semester work in pre-set deadline. Maximum 100 points for handing over in the deadline max 80 points for late handing over.
4.Total number of points for awarding the course-unit credit has to be higher than 150.
Conditions for passing an exam: Knowledge of taught topics and its practical application.
Form of examination: Combined – a written test and an oral examination if necessary.

Course curriculum

Not applicable.

Work placements

Not applicable.

Aims

The main objective of the course is to provide students with the necessary knowledge and skills from the field of financial analysis of the company. They will develop their ability of asses the financial situation of a company, its trends and reasons, and to propose measures for the improvement of status quo and development.

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

Control of results of independent work on assigned tasks. In case of excused absence from seminars, the teacher can set additional condition if appropriate, usually elaboration of partial written task.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

FOTR J. Strategické finanční plánování. Praha, GRADA Publishing 1999, 149 s. ISBN 80-7169-694-3. (CS)
KISLINGEROVÁ E., HNILICA J. Finanční analýza. 1. vydání Praha C. H. Beck 2005. 137s. ISBN 80-7179-321-3. (CS)
KNÁPKOVÁ A., PAVELKOVÁ D. Finanční analýza. Kompletní průvodce s příklady. 1. vydání, Praha, GRADA Publishing 2010, 208 s. ISBN 978-80-247-3349-4. (CS)
SEDLÁČEK J. Účetní data v rukou manažera. Finanční analýza v řízení firmy. 2. vydání, Brno, Computer Press 2001. 220s. ISBN 807226-562-8. (CS)
SŮVOVÁ H. a kol. Finanční analýza. 1.vydání Praha: Bankovní institut, 1999. 622 s. ISBN 80-7265-027-0 (CS)

Recommended reading

FOTR,J.:Strategické finanční plánování. 1.vydání Praha:GRADA Publishing 1999.149s ISBN 80-7169-694-3. (CS)
KISLINGEROVÁ,E. a kol.: Manažerské finance.1.vydání.Praha:C.H.Beck,2004.714s. ISBN 80-7179-802-9 (CS)
KOVANICOVÁ, D. a KOVANIC, P.: Poklady skryté v účetnictví (I. – III.).1. vyd. Praha: Polygon, 1995,1996. 214+287+235 s.ISBN 80-901778-4-0 (CS)
SEDLÁČEK,J.:Cash-Flow.Brno,Computer Press 2003,190s. ISBN 80-7226-875-9. (CS)
SŮVOVÁ.H.a kol.:Finanční analýza. 1.vydání Praha:Bankovní institut,1999. 622s. ISBN 80-7265-027-0 (CS)

Classification of course in study plans

  • Programme BAK-MIn Bachelor's

    branch BAK-MIn , 2 year of study, summer semester, compulsory

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

doc. Ing. Vojtěch Bartoš, Ph.D.

Syllabus

The basic thematic description of lectures is following:
- Introduction to financial analysis.
- Sources of financial analysis input data.
- Overview of methods applied to financial analysis.
- Analysis of absolute indices.
- Analysis of differential indices.
- Analysis of proportional indices.
- Systems of proportional indices.
- Formulation of conclusions resulting from financial analysis.
- Intercompany comparison.
- Introduction to financial planning.
- Financial planning and control.
- Fundamentals of theory of the company’s efficiency measuring.

Exercise

26 hod., compulsory

Teacher / Lecturer

doc. Ing. Vojtěch Bartoš, Ph.D.

Syllabus

The seminars are focused on practising the lectured topics and elaboration of case studies (both individually and in teams).