Czech

Not applicable.

After study this modul student should be able:
• Critically assess the relevancy of information from accounting and financial markets to monitor the financial situation of a company and projects
• Recommend suitable criteria for the assessment of the company's results (performance) and analyse deviations from the set goals, if any
• Critically assess the company's capital structure and propose the final structure of the funding sources
• Set up a long-term financial plan for the company and monitor its achievement using suitable indicators
• Demonstrate the understanding of the capital budgets of projects analysis and of criteria for evaluation of economic effectiveness of investment projects
• Identify main risks in the management of the company's cash flow and outline ways of eliminating them

Not applicable.

Not applicable.

Teaching methods depend on the type of course unit as specified in the article 7 of BUT Rules for Studies and Examinations.
There will be a range of direct contact teaching and learning methods used – in principle, the most appropriate methods in general and for this particular module in particular we consider lectures and seminars. Lectures, group discussions, apart from “traditional” methods mentioned above, we will use other active methods of their involvement into teaching/learning process: group/individual seminar activities, case studies, videos, computer modelling, application of expert systems.

The course participants will complete in writing an assignment, the volume of which will be app. 3 000 words, in which they demonstrate a capacity to critically analyse the financial situation of a company and derive from it measures to be taken in order to achieve the company's goals. The assignments will be designed individually to give the students an opportunity to present the gained skills in specific situations

1. Content and aim of the module. Requirements for assignments processing. Basic principles of financial decision-making.
2. Accounting as a source of information for financial decision-making. Classification of costs, basic methods of cost calculation and their use in financial planning.
3. Evaluation of company performance: using the methods of financial analysis to evaluate a company's financial situation, comparison of the achieved results with the goals phrased.
4. Capital planning and Financial criteria of evaluation of effectiveness of investment projects.
5. Content of financial strategy and financial plan of a company. Aims of interested groups and their quantification.
6. Sources of enterprise development financing. Criterion of financial sources optimization.
7. Functions of the Financial Market in Economy.

Not applicable.

The aims of the module are:
- to develop analytical skills associated with the interpretation of accounting reports and with the evaluation of company financial performance,
- to expand students’ knowledge of traditional and modern sources of financing with the emphasis on new possibilities stemming from the integrated international financial system,
- to acquaint students with the concept of capital structure optimization, capital budgeting and financial risk management.

Not applicable.

Not applicable.

Not applicable.

BREALEY, R. A., MYERS, S. C. Principles of corporate finance. 5rd Edition. New York, McGraw-Hill Book Comp. 2000 (EN)
Atrill, P. & McLaney, E. Accounting and Finance for Non-Specialists, 4, Prentice Hall, Harlow, 2004 (EN)
VALACH, J. Investiční rozhodování a dlouhodobé financování. 2. vyd. Praha: EKOPRESS, 2005. (CS)
KISLINGEROVÁ, E. a kol. Manažerské finance. 2. vyd. Praha : C.H.Beck, 2007 (CS)
NÝVLTOVÁ, R. a REŽŇÁKOVÁ, M. Mezinárodní kapitálové trhy jako zdroj financování. 1. vyd. Praha: Grada Publishing, 2007. (CS)
REŽŇÁKOVÁ, M.. Finanční management I. část. Finanční management II. část. 3. vyd. Brno: CERM, 2005 (CS)

BREALEY, R. A., MYERS, S. C. Principles of corporate finance. 5rd Edition. New York, McGraw-Hill Book Comp. 2006 (EN)
Atrill, P. & McLaney, E. Accounting and Finance for Non-Specialists, 4, Prentice Hall, Harlow, 2004 (EN)
KISLINGEROVÁ, E. a kol. Manažerské finance. 2. vyd. Praha : C.H.Beck, 2007 (CS)
NÝVLTOVÁ, R. a REŽŇÁKOVÁ, M. Mezinárodní kapitálové trhy jako zdroj financování. 1. vyd. Praha: Grada Publishing, 2007. (CS)
REŽŇÁKOVÁ, M.. Finanční management I. část. Finanční management II. část. 3. vyd. Brno: CERM, 2005 (CS)
VALACH, J. Investiční rozhodování a dlouhodobé financování. 2. vyd. Praha: EKOPRESS, 2005. (CS)