Course detail

Financing

FAST-CV59Acad. year: 2014/2015

Finances, financial system. Company finances term. Company’s financial system. Tools and fundamentals of financial management. Establishing of company, its proprietorial and financial structure. Short-term assets of company and their financial management. Short - term and long - term sources of financing. Long - term needs of company and financing these needs. Financing of project (order). Relation of company and of the state's budget. Tax system in the Czech Republic and its influence on company finances. Relations between company and banks. Relations between contractor and supplier and their influence on cash flow in company. Matter of financial planning. Public finances, basic information related to company’s financing. Structural Funds of EU, Cohesive fund.

Language of instruction

Czech

Number of ECTS credits

4

Mode of study

Not applicable.

Guarantor

doc. Ing. Jiří Blažek, CSc.

Department

Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Students will learn about the structure of assets and sources of their financing in the construction company.
Students will learn about financial plan of the construction company
Students will orientate in the sources of financing of construction orders.
Students will learn the principles of financial management of construction orders.
Students get an overview of the approaches to the economic evaluation of construction orders.

Prerequisites

Orientation in basic economical terminology and in economy of construction company.

Co-requisites

Knowledge from the area of calculation, budgeting, finance and financial analysis in the construction company.

Planned learning activities and teaching methods

The course is taught through lectures, practical classes and self-study assignments. Attendance at lectures is optional, but attendance at classes is compulsory.

Assesment methods and criteria linked to learning outcomes

For credit student must meet attendance and prepare and present a seminar work on a given topic.

Course curriculum

1.-2. Finances Financial system. Individual parts of financial system (budget, credit, business) and relations between them. Tools for managing of single parts of financial system.
3.-4. Possession and sources of possession. Protection Gold rules of financing. Working capital.
5.-6. Fixed assets management. Resources management. Management of debts and monetary sources.
7. Proper and foreign long-term sources. Short-term sources of floating capital covering.
8. Cash flows in company in complex.
9.-10. Tax system in the Czech Republic. Income tax of natural persons. Income tax of corporate bodies.
11. Real estate tax. Road tax. Capital transfer tax, gift tax and real estate-transfer tax. Purchase tax.
12. Value added tax.
13. Public finances. Structural Funds. Subventions

Work placements

Not applicable.

Aims

Identification with basic caregories from business financing area. Understanding of cash flows in firm and basic manners of their management. Work with all attainable monetary sources.

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

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

KRÁL, Bohumil a kol.: Manažerské účetnictví. Management Press, 2002. ISBN 978-80-7261-217-8. (CS)
SYNEK, Miloslav a kol.: Manažerská ekonomika. Grada Publishing, Praha, 2007. ISBN 978-80-247-1992-4. (CS)
VALACH, Josef: Finanční řízení podniku. Ekopress, 1999. ISBN 80-86119-21-1. (CS)

Recommended reading

GARRISON, Ray a NORREN, Eric a BREWER, Peter: Managerial Accounting. McGraw-Hill/Irwin, 2011. ISBN 978-0078111006. (EN)
LUMBY, Steve a JONES, Christopher: Investment Appraisal and Financial Decisions. Cengage Learning Business Press, 1998. ISBN 978-1861522573. (EN)

Classification of course in study plans

  • Programme N-K-C-SI Master's

    branch M , 2 year of study, winter semester, elective

  • Programme N-P-C-SI Master's

    branch M , 2 year of study, winter semester, elective

  • Programme N-P-E-SI Master's

    branch M , 2 year of study, winter semester, elective

Type of course unit

 

Lecture

13 hod., optionally

Teacher / Lecturer

doc. Ing. Jiří Blažek, CSc.

Syllabus

1.-2. Finances Financial system. Individual parts of financial system (budget, credit, business) and relations between them. Tools for managing of single parts of financial system.
3.-4. Possession and sources of possession. Protection Gold rules of financing. Working capital.
5.-6. Fixed assets management. Resources management. Management of debts and monetary sources.
7. Proper and foreign long-term sources. Short-term sources of floating capital covering.
8. Cash flows in company in complex.
9.-10. Tax system in the Czech Republic. Income tax of natural persons. Income tax of corporate bodies.
11. Real estate tax. Road tax. Capital transfer tax, gift tax and real estate-transfer tax. Purchase tax.
12. Value added tax.
13. Public finances. Structural Funds. Subventions

Exercise

13 hod., compulsory

Teacher / Lecturer

doc. Ing. Jiří Blažek, CSc.

Syllabus

1. Characteristic of property and sources of property coverage.
2.-3. Financial security acquisition of fixed assets.
4. Entering individual essay.
5. Time harmonogram.
6. Financial Plan - expected.
7. Financial Plan - reality.
8. Calculation of cost savings.
9. Analysis of payments - variant 1.
10. Analysis of payments - variant 2.
11.-12. Presentation of seminar works.
13. Credit.