Accounting and Corporate Finance

The course cannot be taken simultaneously with:

Business Economics (BIK-EPD)

Lecturer:

Tutor:

Supervisor:

Department of Software Engineering

Synopsis:

Students know the principles and practicalities of financing and financial policies of companies or organisations.

Requirements:

Syllabus of lectures:

1. Goals and importance of accounting. Accounting principles. Accounting methods.

2. Valuation of assets and liabilities, long-term and short-term assets. Asset and capital accounts, asset writeoffs.

3. Costs and income, classification of costs by purpose and by type, cost-based decision making. Final accounts, preparation, audit.

4. Profit-and-loss statement, structure. Cash flows in a company, cash-flow statement.

5. Financial indicators of a company. Annuity, perpetuity, simple and composite interest.

6. Long-term financing. Methods of evaluating investment efficiency.

7. Choice of comparison period, annual NPV equivalent. Impact of inflation and taxes on financial decisions.

Syllabus of tutorials:

1. Legal forms of businesses, relationships with accounting. Balance sheet, break-up into accounts. Tangible and intangible assets in accounting, writeoffs. Examples of business operations. Taxes and accounting. Balance sheet, profit-and-loss statement - composition, analysis. Cash flow statement.

2. Calculation of business financial indicators. Test. Financial mathematics. Loans, interest. NPV and IRR. Effects of taxes and financing on NPV calculation. Comparison period. Advanced examples of assessing.

Study Objective:

Accounting principles. Valuation of assets and liabilities. Costs, revenues, profit. Balance sheet, profit-and-loss statement, and their analysis. Financial analysis of a company. Budgets and controlling. Present value, opportunity cost. Long-term financing. Investment efficiency evaluation techniques. IRR, NPV. Choice of comparing period, equivalent annual NPV. Influence of inflation and taxes on investment decisions.

Study materials:

Note:

Further information:

No time-table has been prepared for this course

The course is a part of the following study plans:

• Informtion Systems and Management (Presented in Czech) (compulsory course of the specialization, compulsory elective economic-management course)
• Information Technology (Presented in Czech) (compulsory elective economic-management course)
• Computer engineering (Presented in Czech) (compulsory elective economic-management course)
• Software engineering (Presented in Czech) (compulsory elective economic-management course)
• Computer Science (Presented in Czech) (compulsory elective economic-management course)
• Web and Multimedia (Presented in Czech) (compulsory elective economic-management course)
• Informatics - Plan for Period Before Assignement of Specialization (Presented in Czech) (VO, compulsory elective economic-management course)