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Course detail
FP-FropKAcad. year: 2023/2024
The course focuses on the following topics: • Rating and its legal treatment, trends in development• Methods for determining the value of an enterprise• Strategic analysis for the purpose of assessment of the value of the enterprise• Identification of value generators• Practical application of the revenue method for valuing enterprises
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Department
Entry knowledge
A knowledge of methods of financial planning, models for determining the cost of capital.
Rules for evaluation and completion of the course
Students will be evaluated in exercises based on presentations of partial results of a case study focused on determining the value of a business. The presentations can earn 40 points.
The exam is written and students may score 60 points on the exam. The content includes both theoretical questions and examples. To pass the exam, the student must score a minimum of 30 points. The maximum length of the exam is 80 minutes.
The final grade is the sum of the points from the practical and the written exam according to the ECTS rules.
Control of results of independent work on assigned tasks.
Aims
The main objective of the course is: - to present students the importance of rating and its use, types of rating, the process of creating investment rating;- to familiarize students with approaches to determining the value of a business;- to lead students to learn the income methods of determining the value of a business.
Knowledge: Students can describe the procedures of determining the value of an enterprise as well as current problems associated with the use of ratings. They know the conditions for the use of methods for determining the value of an enterprise as well as their limits.Skills: On the basis of strategic analyses students can quantify value generators and determine a preliminary valuation of a business. They can recommend an appropriate method for determining the business value and in a simplified manner determine the value of a business. They are able to discuss the conditions for the applicability of the valuation determined. Abilities: Students are able to apply methods leading to determining the business value and also identify the factors that increase the value of an enterprise as well as those that threaten it. They are able to model the impacts of strategic decisions on the- business value.
Study aids
Prerequisites and corequisites
Basic literature
Recommended reading
Elearning
Classification of course in study plans
Guided consultation in combined form of studies
Teacher / Lecturer
Syllabus
1. Předmět ocenění. Kategorie hodnoty. Metodický postup určení hodnoty odniku. Metody určování hodnoty podniku.
2. Metoda DCF: předpoklady použití. Strategická analýza pro účely určování hodnoty podniku. Finanční plán pro účely určení hodnoty podniku.
3. Prezentace strategické analýzy z hlediska určení hodnoty podniku a úprav výkazů podniku. Diskontní sazba. Výsledné ocenění
4. Prezentace finančního plánu podniku a diskontní sazby. Rating