Financial Analysis in Corporations
Major: Finance, Banking and Insurance
Code of subject: 6.072.01.E.051
Lecturer: Ph.D., docent, docent Bondarenko Lidia Petrivna
Semester: 7 семестр
Mode of study: денна
Завдання: 1. Ability to abstract thinking, analysis and synthesis. 2. Ability to conduct research at an appropriate level. 3. Ability to search, process and analyze information from various sources. 4. The ability to research trends in economic development using the tools of macro and microeconomic analysis, to evaluate modern economic phenomena. 5. Ability to diagnose the state of financial systems (state finances, including budget and tax systems, finances of economic entities, household finances, financial markets, banking system and insurance). 6. Ability to apply economic and mathematical methods and models to solve financial problems. 7. Ability to compile and analyze financial statements. 8. The ability to analyze the financial condition of corporations and determine effective directions for the development of financial and economic activity and the growth of financial potential.
Learning outcomes: 1. To have a methodological toolkit for diagnosing the state of financial systems (state finances, including budget and tax systems, finances of economic entities, household finances, financial markets, banking system and insurance). 2. Apply appropriate economic and mathematical methods and models for solving financial problems. 3. Apply specialized information systems, modern financial technologies and software products. 4. Identify sources and understand the methodology of determination and methods of obtaining economic data, collect and analyze the necessary financial information. 5. Form and analyze financial statements and correctly interpret the received information. 6. To have general scientific and special methods of researching financial processes. 7. To be able to analyze and evaluate economic phenomena and processes in the financial sphere, using statistical methods in the field of finance, money circulation, and credit. 8. Apply methods of analyzing financial resources and cash flows of the corporation in the process of implementing financial strategies, assess the level of tax burden and the efficiency of their activities.
Required prior and related subjects: - Prerequisites: financial statements
Summary of the subject: The study of the discipline "Financial analysis in corporations" involves students' in-depth assimilation of knowledge about the analysis of the financial condition of corporate structures, in particular, familiarization with the essence of the concepts of financial analysis in corporations and the methods of its implementation, analysis of corporate structures profitability, analysis of the state and structure of property, analysis of business activity, analysis of financial stability and liquidity, carrying out factor and marginal analyses. Special attention is devoted to the analysis of special indicators that are used to analyze the financial condition of banks and betting companies.
Опис: Analyzing the financial condition of corporations. Analysis of profitability. Rating of condition and efficiency using corporations property. Valuation of business activity of corporations. The capital structure of corporations and analyzing financial stability. Analyzing ability to pay and liquidity. Analyzing position of the company on the stock market. Corporate valuation. Financial insolvency and methods of assessment of the bankruptcy probability of corporations. Factor analysis. Analysis of operating and financial leverage. Analysis of the financial condition of the bank. Analysis of the financial condition of the insurance company. Analysis of the financial condition of credit unions.
Assessment methods and criteria: - current control (laboratory works, practical works, independent work (40%) - final control (examination): written-verbal form (60%)
Критерії оцінювання результатів навчання: 1. Performance and defense of laboratory works (30 points): 6 laboratory works, including 1 laboratory work – 5 points, 2 laboratory work – 3 points, 3 laboratory work – 5 points, 4 laboratory work – 5 points, 5 laboratory work – 6 points, 6 laboratory work – 6 points. Points may be reduced by 1–3 points for errors in calculations or incorrectly designed tables and figures. For significant errors in the calculations, the laboratory work may be sent for revision. 2. Work in practical classes (10 points): solving problems, preparing and presenting presentations and research on a given topic, oral and written survey. Points are deducted for incorrect answers or lack of answers during the survey or for research presentations prepared with errors, inability to solve problems.
Порядок та критерії виставляння балів та оцінок: 100–88 points – (“excellent”) is awarded for a high level of knowledge (some inaccuracies are allowed) of the educational material of the component contained in the main and additional recommended literary sources, the ability to analyze the phenomena being studied in their interrelationship and development, clearly, succinctly, logically, consistently answer the questions, the ability to apply theoretical provisions when solving practical problems; 87–71 points – (“good”) is awarded for a generally correct understanding of the educational material of the component, including calculations, reasoned answers to the questions posed, which, however, contain certain (insignificant) shortcomings, for the ability to apply theoretical provisions when solving practical tasks; 70 – 50 points – (“satisfactory”) awarded for weak knowledge of the component’s educational material, inaccurate or poorly reasoned answers, with a violation of the sequence of presentation, for weak application of theoretical provisions when solving practical problems; 49-26 points - ("not certified" with the possibility of retaking the semester control) is awarded for ignorance of a significant part of the educational material of the component, significant errors in answering questions, inability to apply theoretical provisions when solving practical problems; 25-00 points - ("unsatisfactory" with mandatory re-study) is awarded for ignorance of a significant part of the educational material of the component, significant errors in answering questions, inability to navigate when solving practical problems, ignorance of the main fundamental provisions.
Recommended books: - Борисова О.В. Корпоративні фінанси. Навчальний посібник / О.В. Борисова - М.: КНОРУС, - 2016. – 240 с. - Веснін С.Н. Управління сучасною корпорацією: Навчальний посібник / С.Н. Веснін, Видавництво «ВАМ», 2020. – С. 176. - Волошко Н.О. Корпоративне управління в умовах глобалізації / Н.О. Волошко // Економіка і держава, 2021. - №1. – С. 54-58. - Ендовицький Д.А. Корпоративний аналіз. Навчальний посібник / Д.А. Ендовицький, Л.С. Коробейникова, І.В. Полухіна – М.: Юрайт, 2019. – 213 с. - Макаренко Ю.П. Аналіз управління фінансовим станом банку / Ю.П. Макаренко, Т.В. Сущенко // Ефективна економіка. - 2022. - №1. - URL: http://www.economy.nayka.com.ua/?op=1&z=9873. - Фінансовий аналіз [текст] навчальний посібник. / За заг. ред. Школьник І. О. [І. О. Школьник, І. М. Боярко, О. В. Дейнека та ін.] – К. : «Центр учбової літератури», 2019. – 368 с.
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