IEU515 Financial Analysis and Planning

Code IEU515
Name Financial Analysis and Planning
Status Compulsory/Courses of Limited Choice
Level and type Post-graduate Studies, Academic
Field of study Economics
Faculty
Academic staff Nadežda Koleda, Guna Ciemleja
Credit points 4.0 (6.0 ECTS)
Parts 1
Annotation The main issues of financial analysis and planning: financial ratio analysis, forecasting financial statements, projecting cash inflows and outflows, inventory management, receivables management, cash management, liabilities management and others are discussed..
Goals and objectives
of the course in terms
of competences and skills
Financial analysis and planning is a subject which gives an idea of one of the financial management practices and aims to help students understand how to assess the company's financial status as well as develop the ability to independently acquire and take management decisions about how to improve the company's financial performance and financial stability. The subject objectives are: to understand the financial analysis methods, to be able to use the estimates of financial indicators for assessing the company's financial status, to be able to detect reasons for changes in financial indicators, to acquire theoretical and practical skills in budget development.
Learning outcomes
and assessment
Able to use various methods to analyze the company's financial status. - Students have to solve the relevant tasks that are displayed in lecture materials in the ORTUS system. They are assessed by the teacher. This is an obligatory precondition to be admitted to examination.
Able to reveal untapped reserves for improving the company's financial status on the basis of financial indicators estimates. - Students have to solve the relevant tasks that are displayed in lecture materials in the ORTUS system. They are assessed by the teacher. This is an obligatory precondition to be admitted to examination.
Able to formulate recommendations how to improve the company's financial position. - Students have to solve the relevant tasks that are displayed in lecture materials in the ORTUS system. They are assessed by the teacher. This is an obligatory precondition to be admitted to examination.
Able to develop a variety of budgets, and be able to use professional accounting software. - Students have to solve the relevant tasks that are displayed in lecture materials in the ORTUS system. They are assessed by the teacher. This is an obligatory precondition to be admitted to examination.
Course prerequisites Business Economics.

[Extended course information PDF]