Course details

Financial Analysis

IFAN FBM BUT KfapP Acad. year 2019/2020 Summer semester 4 credits

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 the 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.

Guarantor

Language of instruction

Czech

Completion

Credit+Examination (written+oral)

Time span

26 hrs lectures, 13 hrs exercises

Assessment points

100 exam

Department

Institute of Finances (IF FBM BUT)

Lecturer

Instructor

Subject specific learning outcomes and competences

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. They will acquire knowledge of the theoretical fundaments and approaches to the financial planning of the company.

Learning objectives

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

Prerequisite kwnowledge and skills

A 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.dge on accounting principles and rudiments of the corporate economy.

Fundamental literature

  • 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)
  • KISLINGEROVÁ E., HNILICA J. Finanční analýza. 1. vydání Praha C. H. Beck 2005. 137s. ISBN 80-7179-321-3. (CS)
  • DLUHOŠOVÁ, D. Finanční řízení a rozhodování podniku. 2. upravené vyd. Praha: Ekopress, s.r.o., 2008. 192 s. ISBN 978-80-86929-44-6. (CS)
  • SŮVOVÁ H. a kol. Finanční analýza. 1.vydání Praha: Bankovní institut, 1999. 622 s. ISBN 80-7265-027-0. (CS)
  • FOTR J. Strategické finanční plánování. Praha, GRADA Publishing 1999, 149 s. ISBN 80-7169-694-3. (CS)

Syllabus of lectures

  1. The main function of financial analysis. Internal and external financial analysis.
  2. Users and the main phases of financial analysis. Comparative bases and comparison issues.
  3. Sources of input data. Weaknesses of the financial statement. An overview of elementary and superior methods of financial analysis.
  4. Vertical and Horizontal Analysis of Absolute Indicators.
  5. Cost-benefit analysis, breakdowns and cash-flow.
  6. Ratio Analysis. Company Financial Situation Analysis.
  7. Performance analysis. Economic norm.
  8. Methods of Causal Analysis and Deviation Analysis.
  9. Intercompany Comparison Methods.
  10. Pyramidal decomposition of profitability indicators.
  11. Predictive and Diagnostic Models of Financial Health of the Firm (Bonity and Bankruptcy Models).
  12. Indicators constructed on the principle of added value.
  13. Financial analysis ex ante. Financial planning and control.

Progress assessment

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.

Controlled instruction

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

Exam prerequisites

Conditions for awarding the course-unit credit:
1. Active participation in exercises will be controlled and assessed by the teacher - max. 80 points.
2. Successful completion of a credit test - max assessment: 100 points in due term, 80 points in first resit test. From the credit test must be achieved min. 50 points.
3. Successful elaboration of semester work and quality of presentation in a preset deadline. Maximum 100 points for handing over on time. Bonus excellent presentation is 20 points. Students must achieve a min. 50 points from the semester work.
4. Total number of points for awarding the course-unit credit has to be higher than 150.

Schedule

DayTypeWeeksRoomStartEndLect.grpGroupsInfo
Monlecturelectures IO/P384 09:0010:50 2BIA 2BIB 3BIT xx Bartoš
Monexerciseeven week IO/P164 13:0014:50 2BIA 2BIB 3BIT xx Janíčková
Monexerciseodd week IO/P164 13:0014:50 2BIA 2BIB 3BIT xx Janíčková
Tueexerciseeven week K4/E110 15:0016:50 2BIA 2BIB 3BIT xx Janíčková
Tueexerciseodd week K4/E110 15:0016:50 2BIA 2BIB 3BIT xx Janíčková
Tueexerciseeven week K4/E110 17:0018:50 2BIA 2BIB 3BIT xx Janíčková
Tueexerciseodd week K4/E110 17:0018:50 2BIA 2BIB 3BIT xx Janíčková
Tueexerciseeven week K4/E110 19:0020:50 2BIA 2BIB 3BIT xx Janíčková

Course inclusion in study plans

  • Programme BIT, 2nd year of study, Elective
  • Programme IT-BC-3, field BIT, any year of study, Elective
  • Programme IT-BC-3, field BIT, 2nd year of study, Elective
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