Financial Analysis in Public Finance

Major: Finance, Banking and Insurance
Code of subject: 6.072.02.E.061
Credits: 7.00
Department: Finance
Lecturer: Candidate of Economic Sciences, Docent Chubka O. M.
Semester: 7 семестр
Mode of study: денна
Мета вивчення дисципліни: acquisition of theoretical, methodological and practical skills of financial analysis of business entities in the field of public finance.
Завдання: general: ZK01. Ability to abstract thinking, analysis and synthesis. ZK05. Skills in using information and communication technologies. ZK06. Ability to conduct research at an appropriate level ZK08. Ability to search, process and analyze information from various sources. special (professional): SK01. The ability to investigate trends in economic development using the tools of macro- and microeconomic analysis, to evaluate modern economic phenomena. SK03. 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). SK04. Ability to apply economic and mathematical methods and models to solve financial problems. professional competences of the professional direction "Public Finances": SK14. The ability to analyze the forms and methods of planning state and local budgets, to evaluate the effectiveness of state financial policy, directions of implementation of the budget process and inter-budgetary relations.
Learning outcomes: PR05. Possess a methodical 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). PR06. Apply appropriate economic and mathematical methods and models for solving financial problems. PR08. Apply specialized information systems, modern financial technologies and software products. PR09. Form and analyze financial statements and correctly interpret the received information. PR10. Identify sources and understand the methodology of determining and methods of obtaining economic data, collect and analyze the necessary financial information, calculate indicators characterizing the state of financial systems. PR13. To have general scientific and special methods of researching financial processes. PR24. Investigate economic phenomena and processes in the financial sphere and evaluate their impact on the financial potential of corporations, choosing for this the optimal economic and mathematical methods and models and information systems and technologies. PR27. To analyze the income and expenses of the state and united territorial communities and the state of finances of economic entities in the sphere of public finance.
Required prior and related subjects: prerequisite: theory of taxation, public finance co-requisites: local finance, finance and social policy, macrofinancial budgeting
Summary of the subject: The discipline is aimed at studying methods of assessing the financial condition of economic entities in the field of public finance. The main task of financial analysis in public finance is to obtain a certain number of basic indicators that provide an objective and reasonable description of the financial condition of state enterprises, institutions, and organizations.
Опис: The place of public finance in financial analysis. Theoretical and practical aspects of auditing. Analysis of the profitability of a state enterprise. Assessment of the condition and efficiency of using property of a state enterprise. Assessment of business activity of a state enterprise. Analysis of the financial stability of a state enterprise. Analysis of the solvency of a state enterprise and the liquidity of its balance sheet. Analysis of the position of a state-owned enterprise in the securities market. Valuation of the enterprise. Financial insolvency and methods for estimating the probability of bankruptcy. Factor analysis. Analysis of the bank's financial condition. Financial analysis of budget institutions. Analysis of financial stability and solvency of the local budget.
Assessment methods and criteria: Current control: - performance evaluation and protection of laboratory works; - performance of an individual task; - problem solving; - survey. Examination control: - test control; - oral survey.
Критерії оцінювання результатів навчання: current control (45%): practical training (15%), performance and protection of laboratory work (30%); examination (55%): written component (45%), oral component (10%).
Порядок та критерії виставляння балів та оцінок: • A - grade "excellent" (88-100 points); • B – grade "good" (80-87 points); • C - grade "good" (71-79 points); • D - grade "satisfactory" (61-70 points); • E - grade "satisfactory" (50-60 points); • F – grade "unsatisfactory" (00-49).
Recommended books: 1. Навчально – методичний комплекс ВНС Львівської політехніки з дисципліни «Фінансовий аналіз у публічних фінансах». Сертифікат № 02971 про визнання інформаційного ресурсу у Віртуальному середовищі Львівської політехніки методичною працею з дисципліни "Фінансовий аналіз у публічних фінансах", Е41-231-787/2019 від 01.11.2019р. Адреса розміщення: /course/view.php?id=8593. Автори Чубка О.М., Ярошевич Н.Б., Чушак-Голобородько А.М., Познякова О.І. 2. Тринька Л., Іванчук (Липчанська) О. Фінансовий аналіз: навчальний посібник. К.: Алерта, 2014. 768с. 3. Сокольська Р.Б., Зелікман В.Д., Акімова Т.В. Фінансовий аналіз: навчальний посібник. Дніпропетровськ: НМетАУ, 2015. 92 с. 4. Школьник І.О., Боярко І.М., Деи?нека О.В. Фінансовии? аналіз : навчальнии? посібник. К. : «Центр учбовоі? літератури», 2016. 368 с. 5. Таукешева Т.Д. Фінансове планування діяльності бюджетних установ навчальний посібник. Харків :ХНУМГ ім. О. М. Бекетова, 2017. 405с. 6. Карпенко Н. Г., Дорогань-Писаренко Л. О., Аранчій Я. С., Ліпський Р. В. Звітність бюджетних установ : навчальний посібник (вид. 2-е доп. та перер.). Полтава : РВВ ПДАА, 2018. 262 с. 7. Чубка О.М., Скоропад І.С. Особливості управління грошовими потоками у публічних фінансах. Вісник Одеського національного університету. Економіка. Том 25. Випуск 2 (81). 2020. C.151-157.
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