Methodology of Strategic Financial Controlling

Major: Finance, Banking and Insurance
Code of subject: 8.072.00.M.025
Credits: 3.00
Department: Finance
Lecturer: PhD., Prof. Partyn H.
Semester: 4 семестр
Mode of study: денна
Learning outcomes: : theoretical, methodologicalandpracticalaspectsofstrategicfinancialcontrollingsystemformation, in particular principles, tasks, forms, methods and tools of strategic financial controlling as information support system for competitive strategy of organization within the paradigm of neoclassical and institutional economy controlling, strategic cost management techniques, costing and using it for you customer profitability, financial controlling strategic role in enhancing productivity and quality management activities, the structural elements of a balanced system of financial and non-financial performance and its use in the development strategy of the organization. Be able to: identify strategic objectives of theorganization's development in order to provide competitive advantages in the market to organize the system of strategic financial control and to form its accounting and analytical support taking into account the interests of stakeholders; to develop a balanced system of indicators of activity of the organization; to use tools and methods of strategic financial controlling to improve the financial results and financial condition of the corporation; to control the processes of implementation of investment management decisions
Required prior and related subjects: co-requisites: modeling of financial decisions under uncertainty; financial services market development trend
Summary of the subject: financial controlling as a system of information support of the competitive strategy of the enterprise. Institutional environment for the formation of the strategic financial controlling system. Consideration of interests of groups of economic influence in the system of strategic financial controlling. Organizational aspects of strategic financial control system formation. Strategic Cost Management Methods in Strategic Financial Controlling. A system for calculating by type of activity and its use for managing costs and profitability of clients in strategic financial controlling. The role of strategic financial controlling in improving productivity and quality management. Financial indicators of evaluation of activities in strategic financial control. A balanced scorecard and its use to develop an organization's strategy
Assessment methods and criteria: - current control (30 points) - control measure (70 points)
Recommended books: 1. Партин Г. О., Фінансовий контролінг: навч.посібн./ Партин Г.О., Задерецька Р.І. — Львів: Видавництво Львівської політехніки, 2013. — 232 с. 2. Партин Г.О. Інформаційне забезпечення, контролінг та економічне оцінювання взаємовідносин підприємства з групами економічного впливу: монографія. / Г.О.Партин, А.Г.Загородній.– Львів: Видавництво Львівської політехніки, 2019. – 88с. 3. Терещенко О. О. Фінансовий контролінг: навч. посіб. / О. О. Терещенко, Н. Д. Бабяк ; М-во освіти і науки України, ДВНЗ "Київський нац. екон. ун-т ім. В. Гетьмана". - К. : КНЕУ, 2013. - 407с. 4. Шевчук В.Р. Стратегічний управлінський облік: Навч. посібник [для студ. вищ. навч. закл.] / В. Шевчук; За ред. О.М. Ковалюка. - К.: Алерта, 2009. - 176 с