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CZECH TECHNICAL UNIVERSITY IN PRAGUE
STUDY PLANS
2024/2025

Financial Business Intelligence

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Code Completion Credits Range Language
BI-FBI.21 Z,ZK 5 2P+2C Czech
Garant předmětu:
Petra Pavlíčková
Lecturer:
David Buchtela
Tutor:
David Buchtela
Supervisor:
Department of Software Engineering
Synopsis:

The aim of the course is to acquaint students primarily with financial accounting as a tool for recording business operations and documents for business analysis, determining its value and other indicators for comparison with other companies and management decision process at the tactical and strategic level. The second view is management accounting as a tool for financial management and prediction of business development. Management accounting allows monitoring of the financial status and performance of business activities over several accounting periods, enables a multidimensional view of business data, enables to control effectively factors affecting the return on invested capital and to use value information to assess options related to future business decisions. The principles of management accounting, described in this course, are the basis of Business Intelligence modules in business information systems, decision support systems, and other knowledge-oriented systems.

Requirements:

No prerequisites are needed for this course, but it is advisable to complete course BI-EPP Economic business processes in advance.

Syllabus of lectures:

1. Definition of the concept of financial business intelligence and the relationship between financial, cost and management accounting. Subject and goals of financial accounting.

2. Accounting principles and methods. Accounting forms. Accounts, categories of accounts, chart of accounts. Accounting cases (transactions) and their impact on the property structure of the company.

3. Fixed and current assets in financial accounting. Accounting and tax depreciation of assets.

4. Accounting relations - accounting with suppliers, customers, employees and state institutions.

5. Own and external capital resources.

6. Costs and revenues in financial accounting.

7. Financial statements and outputs of financial accounting.

8. Financial analysis - selected indicators of financial evaluation of a company.

9. Subject and goals of management accounting. The concept of assets and costs in management accounting. Differences from financial accounting.

10. Methods of calculation and calculation system of a company. Responsibility accounting. Types of responsibility centres. Internal accounting.

11. Budgeting. The relationship between budgets and plans. The importance of the standard cost method and its use for business management. The role of controlling in management accounting.

12. Sources and outputs of Business Inteligence systems.

Syllabus of tutorials:

Practical accounting in the STEREO program:

1. Opening balances of accounts

2. Fixed assets - acquisition and depreciation

3. Fixed assets - sale and disposal

4. Stocks - method A

5. Stocks - method B

6. Supplier-customer relations

7. VAT accounting, transferred VAT obligation

8. Accruals, travel and board expenses

9. Payroll accounting

10. Long-term capital, loans

11. Closing operations, income tax

12. Management accounting

Study Objective:

The aim of the course is to acquaint students primarily with financial accounting as a tool for recording business operations and documents for business analysis, determining its value and other indicators for comparison with other companies and management decision process at the tactical and strategic level. The second view is management accounting as a tool for financial management and prediction of business development. Management accounting allows monitoring of the financial status and performance of business activities over several accounting periods, enables a multidimensional view of business data, enables to control effectively factors affecting the return on invested capital and to use value information to assess options related to future business decisions. The principles of management accounting, described in this course, are the basis of Business Intelligence modules in business information systems, decision support systems, and other knowledge-oriented systems.

Study materials:

1. Turban E., Sharda R., Delen D. : Decision Support and Business Intelligence Systems (9th Edition). Pearson, 2014. ISBN 978-1-292-02426-4.

2. Turban E. : Business Intelligence: A Managerial Approach. Prentice Hall, 2011. ISBN 978-0-13-610066-9.

3. Máče M. : Účetnictví a finanční řízení. Grada Publishing, 2013. ISBN 978-80-247-4574-9.

4. Strouhal J., Židlická R., Cardová Z. : Manažerské účetnictví, Management Press, 2010. ISBN 978-80-726-1217-8.

5. Paul D., Cadle J., Yeates D. : Business Analysis. BCS Learning & Development, 2014. ISBN 978-1-780-17277-4.

Note:
Further information:
https://moodle-vyuka.cvut.cz/link/course.php?cx=BI-FBI
Time-table for winter semester 2024/2025:
Time-table is not available yet
Time-table for summer semester 2024/2025:
Time-table is not available yet
The course is a part of the following study plans:
Data valid to 2024-05-28
Aktualizace výše uvedených informací naleznete na adrese https://bilakniha.cvut.cz/en/predmet6561906.html