Course detail

Finances

FAST-BVA006Acad. year: 2022/2023

Finances, financial system.
Concept of company finances. Company financial system.
Tools and fundamentals of financial management.
Foundation of the firm, its property and financial structure.
Current assets in the firm, its management and financing.
Short-term and long-term sources of property coverage.
Long-term needs of the company and the way of financing of these needs.
Financing of the construction project (construction order).
The relation between the company and the state budget.
Tax system in the Czech republic and its influence in company financing.
Bank-company relation.
Consumer-supplier relationship and its influence on the company cash flow.
The fundament of the financial planning.
Public finances, basic information in respect to the company financing.

Language of instruction

Czech

Number of ECTS credits

4

Mode of study

Not applicable.

Guarantor

Ing. Gabriela Kocourková, Ph.D.

Department

Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Knowledge fundamentals of company financing.

Prerequisites

Orientation in basic economic terminology and in economy of construction firm.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Not applicable.

Assesment methods and criteria linked to learning outcomes

Assessment of acquired knowledge in the exam is in the form of a written test and an additional oral exam. In the exercise, the assessment of acquired knowledge is in the form of a written work.

Course curriculum

1.–2. Finances. Financial system. Particular parts of financial system (budgetary, credit, business) and relations among them. Tools for management of particular parts of financial system.
3. Property and sources for property coverage. Golden rules of financing. Work capital.
4. Management of fixed assets. Management of inventory.
5. Management of receivables and financial assets.
6. Own and foreign long-term sources. Short-term liabilities for covering of current assets.
7. Cash flows in the company. Management of cash flows in the structural order.
8. Tax system in the Czech republic. Income tax of physical person.
9. Income tax of corporation.
10. Real estate tax. Road tax.
11. Real estate transfer tax. Consumer tax.
12. Value added tax.
13. Public finances.

Work placements

Not applicable.

Aims

To learn about fundamentals of company financing. To understand to money flows in the firm and basic methods of their control. Working with entire available money 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

ČIŽINSKÁ, Romana. Základy finančního řízení podniku. Praha: Grada Publishing, 2018. Prosperita firmy. ISBN 978-80-271-0194-8. (CS)
TEMPLER, Simon, HOFMANN, Erik and Charles FINDLAY. Financing the End-to-end Supply Chain: A Reference Guide to Supply Chain Finance. Kogan page, 2020. ISBN 9781789663488 (EN)
586/1992 Sb. Zákon o daních z příjmů, ve znění pozdější předpisů (CS)
SCHOLLEOVÁ, Hana. Ekonomické a finanční řízení pro neekonomy. 3., aktualizované vydání. Praha: Grada Publishing, 2017. Expert (Grada). ISBN 978-80-271-0413-0. (CS)

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme BPC-SI Bachelor's

    specialization E , 3 year of study, winter semester, compulsory

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

Ing. Gabriela Kocourková, Ph.D.

Syllabus

1.–2. Finances. Financial system. Particular parts of financial system (budgetary, credit, business) and relations among them. Tools for management of particular parts of financial system.

3. Property and sources for property coverage. Golden rules of financing. Work capital.

4. Management of fixed assets. Management of inventory.

5. Management of receivables and financial assets.

6. Own and foreign long-term sources. Short-term liabilities for covering of current assets.

7. Cash flows in the company. Management of cash flows in the structural order.

8. Tax system in the Czech republic. Income tax of physical person.

9. Income tax of corporation.

10. Real estate tax. Road tax.

11. Real estate transfer tax. Consumer tax.

12. Value added tax.

13. Public finances.

Exercise

26 hod., compulsory

Teacher / Lecturer

Ing. Gabriela Kocourková, Ph.D.

Syllabus

1.–2. Characteristic of property and sources for property coverage.

3.–4. Oriantation and creation of financial statement (balance-sheet, profit and loss).

5. Depreciation of property.

6. Characteristic of short-term property and liabilities.

7. Time value of money assessmant.

8. Charateristic and creation cash flow.

9.–10. Income tax.

11.–12. Indirect taxes.

13. Credit test.