Financial Analysis

Major: Finance, Banking and Insurance
Code of subject: 6.072.03.E.071
Credits: 7.00
Department: Finance
Lecturer: PhD, Docent Chubka O. M.
Semester: 7 семестр
Mode of study: денна
Мета вивчення дисципліни: acquisition by students of theoretical, methodical and practical skills of analysis of the financial condition of enterprises, financial institutions, budget organizations, global understanding of the analysis of indicators of the institutions' activity, formation and analysis of financial and budget reporting, use of economic and mathematical methods and models for solving financial problems.
Завдання: general: - ZK01. Ability to abstract thinking, analysis and synthesis. - 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. - SK07. Ability to compile and analyze financial statements. - SK12. 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. - SK17. The ability to analyze financial potential, use methods of assessing solvency and managing portfolios of services and investments of financial institutions, taking into account the state of the financial market and macroeconomic factors.
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. PR25. Apply financial controlling methods to analyze financial resources and cash flows of corporations in the process of diversification, assess the level of tax burden and the efficiency of their activities. PR30. Diagnose the state of operational and investment activity of financial corporations and assess prospects and risks of cooperation with them, carry out financial monitoring procedures.
Required prior and related subjects: prerequisite: financial market, banking, finance of diversified enterprises co-requisites: interdisciplinary course project on the analysis of the activities of financial institutions, insurance services, international banking operations
Summary of the subject: The study of the discipline "Financial Analysis" involves the students' in-depth assimilation of knowledge regarding the analysis of the financial condition of enterprises, financial institutions, budget organizations, in particular, familiarization with the essence of the concepts of financial analysis and its implementation methods, horizontal and vertical analysis, analysis of profitability and profitability, analysis of the state and property structure, analysis of business activity, analysis of financial stability and liquidity, factor analysis. Special attention is paid to the formation of students' skills in "reading" financial statements, that is, the formation of preliminary and in-depth analytical conclusions based on the study of financial statements of economic entities.
Опис: Theoretical foundations of financial analysis. Theoretical and practical aspects of auditing. Analysis of the profitability of enterprise. Assessment of the condition of using property of enterprise. Assessment of business activity of enterprise. Analysis of the financial stability of enterprise. Analysis of the solvency of enterprise and the liquidity of its balance sheet. Analysis of the position of 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. Financial analysis of insurance companies.
Assessment methods and criteria: Current control: - performance evaluation and protection of laboratory works; - performance of an individual task; - solving problems. 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. Віртуальне навчальне середовище: електронний навчально-методичний комплекс з дисципліни “Фінансовий аналіз”. Режим доступу: /course/view.php?id=8527. Сертифікат № 03940 про визнання інформаційного ресурсу у Віртуальному середовищі Львівської політехніки методичною працею з дисципліни "Фінансовий аналіз", Е41-231-966/2021 від 22.04.2021р. Автор Бондаренко Л.П. 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., Дейнека О.В. Фінансовий аналіз : навчальний посібник. К. : «Центр учбової літератури», 2016. 368 с. 5. Чубка О.М., Желізняк Р.Й. Cash Flow менеджмент у банківській діяльності. Науковий вісник Міжнародного гуманітарного університету. Економіка і менеджмент. Видавничий дім «Гельветика». 2019. Випуск № 40. С.161-169. 6. Познякова О.І., Чубка О.М., Горлач Н.Ю. Вибір оптимального методичного підходу визначення вартості підприємств спиртової галузі з позиції ділової активності. Економічний простір. № 165. 2021. С. 125-130. 7. Ливдар М.В., Чубка О.М., Фітяк Д.А. Оцінка фінансового стану та ймовірності банкрутства АТ «Укрзалізниця». Економіка та суспільство. № 36. 2022.
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