Financial Controlling

Major: Finance, Banking and Insurance
Code of subject: 6.072.01.E.055
Credits: 5.00
Department: Finance
Lecturer: PhD, professor Partyn H.O.
Semester: 8 семестр
Mode of study: денна
Мета вивчення дисципліни: The purpose of teaching the discipline "Financial Controlling" is for students to acquire theoretical knowledge and acquire practical skills in the organization of controlling the financial and economic activities of the enterprise, solving complex specialized tasks and practical problems in the process of financial controlling, in particular, the method of forming accounting and analytical support of the financial control system controlling, methods of developing financial and economic standards and their application in the system of controlling, budgeting and organization of budget control, management of income, expenses and financial results to ensure break-even production and the acceptable level of operational risk, methods of evaluating the effectiveness of the enterprise's responsibility centers and the formation of a motivation system, methods of strategic financial controlling and controlling management decision-making processes in conditions of uncertainty and environmental variability.
Завдання: The study of an educational discipline involves the formation of competencies in students of education: Integral competence: - The ability to solve complex specialized tasks and practical problems during professional activities in the field of finance, banking and insurance or in the learning process, which involves the application of certain methods and provisions of financial science and is characterized by the uncertainty of conditions and the need to take into account the complex requirements of the implementation of professional and educational activity Special (professional) competencies: СК05. Ability to apply knowledge of legislation in the field of monetary, fiscal and financial market regulation. СК07. Ability to compile and analyze financial statements. СК08. Ability to perform control functions in the field of finance, banking and insurance. СК09. Ability to communicate effectively. СК10. Ability to determine, justify and take responsibility for professional decisions. СК12. 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. СК16. The ability to find out cause-and-effect relationships, analyze external and internal information for the formation of financial plans, development of elements of product, price, sales, credit, tax, investment policy of business entities, including financial institutions.
Learning outcomes: As a result of studying the academic discipline, the student must be able to demonstrate the following learning outcomes: to know: the essence, purpose and tasks of financial controlling in the management system of the enterprise, objects of financial controlling, methods of forecasting the behavior of costs as the main object of controlling, methods of accounting for costs and calculating the cost of products, methods of analyzing the relationship of costs, volume of activity and profit , the essence and procedure for determining the effect of operating leverage, the procedure for forming operating and financial budgets and methods of transfer pricing, the organization of controlling investment projects and operating management decisions, the procedure for evaluating the effectiveness of financial and economic activity and methods of stimulating and motivating the performance of tasks, features and methods of strategic financial controlling; be able to: organize a financial controlling system and form its accounting and analytical support, taking into account the peculiarities of the enterprise's production and economic activity; organize budgeting of the enterprise's activities and draw up budgets; form a system of indicators and evaluate the effectiveness of the financial and economic activity of the enterprise and its centers of responsibility; to develop a system of incentives to ensure the performance of tasks; use the tools and methods of strategic and operational financial controlling for informational support of management decision-making based on research and assessment of the impact of factors in order to improve the financial results and financial condition of the enterprise in an unstable operating environment.
Required prior and related subjects: - prerequisite: Accounting; Finances of diversified enterprises - requisite:
Summary of the subject: Determination of the essence, purpose, tasks and objects of financial controlling in the management system of the enterprise; classification of expenses as the main object of financial controlling and characteristics of methods of forecasting their behavior under conditions of uncertainty and risks; disclosure of the specifics of the organization of strategic financial controlling; determination of the main methods of forming information in the financial controlling system based on cost accounting and calculating the cost of production; highlighting the essence and purpose of budgeting, highlighting methodical approaches and procedure for forming enterprise budgets and budget control; characteristics of the methodological tools of the organization of management by centers of financial responsibility; revealing the peculiarities of controlling the processes of making investment and operational management decisions; coverage of methodical approaches to evaluating the effectiveness of activities and methods of motivation for completing tasks.
Опис: Basics of financial controlling. Objects of financial controlling. Basics of strategic financial controlling. Accounting and analytical support of the financial controlling system. The model of the relationship of costs, the volume of activity and profit in the financial controlling system. Budgeting as a method of operational financial controlling. Organization of controlling by centers of financial responsibility and transfer pricing. Controlling in the system of making operational and investment management decisions. Evaluation of the effectiveness of financial and economic activity and the motivation system.
Assessment methods and criteria: Methods of controlling the knowledge and skills of the student in studying the discipline include: 1. Current control of the work of the student of education: Oral questioning and testing of education seekers (students) in lectures and practical classes and during laboratory work, speeches during the discussion of problematic tasks, the correctness of completed practical tasks, assessment of activity when working in small groups, participation in discussions, assessment of the correctness of calculations and the validity of conclusions the results of calculation tasks, the ability to present the results in an argumentative manner during the defense of the completed laboratory works in the presence of other students of the group. Execution of test tasks for topics of the course at the National Academy of Sciences. Written work and oral component on the exam. 2. Final control: Examination (written and oral component) Written component: Tasks of the 1st level - tests; Tasks of the 2nd level - tests; The 3rd level task is a task;
Критерії оцінювання результатів навчання: Current control – 40 points, including: -testing by topic - 9 points; - oral survey, performance of practical tasks, effectiveness of communication in small groups - 15 points; - performance and defense of laboratory work (4*4 points) – 16 points. Examination control – 60 points, including: - written component – 47 points; - oral component – 13 points.
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; 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; interrelationship and development, clearly, succinctly, logically, consistently answer the questions, the ability to apply 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: 7. Рекомендована література Базова 1. Корбутяк А.Г. Навчально-наочний посібник з дисципліни «Фінансовий контролінг» / Корбутяк А.Г., Єрмійчук Н.І. – Чернівці, Вид-во ЧНУ, 2017. – 115 с. 2. Партин Г.О. Управлінський облік: Підручник / Г.О. Партин, А.Г. Загородній, А.І. Ясінська, Т.І. Воскресенська. – Львів: Видавництво Львівської політехніки, 2017. – 340 с. 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. 8. Навчально-методичне забезпечення 1. Робоча програма навчальної дисципліни «Фінансовий контролінг». 2. Конспекти лекцій та їх презентації з дисципліни. 3.Тестові завдання за кожною темою. 4. Питання до екзамену, екзаменаційні білети. 5. Фінансовий контролінг: Методичні рекомендації до проведення практичних і семінарських занять з дисципліни “Фінансовий контролінг” для студентів першого (бакалаврського) рівня вищої освіти спеціальності 072 «Фінанси, банківська справа та страхування» / Укл.: Г.О. Партин. – Львів: Видавництво Національного університету «Львівська політехніка», 2022. – 52с. 6. Фінансовий контролінг: Методичні рекомендації для самостійної роботи студентів першого (бакалаврського) рівня вищої освіти спеціальності 072 "Фінанси, банківська справа та страхування" з дисципліни “Фінансовий контролінг” / Укл.: Г.О. Партин. – Львів: Видавництво Національного університету «Львівська політехніка», 2022. ? 18 с. 7. Фінансовий контролінг: Завдання до лабораторних робіт для студентів першого (бакалаврського) рівня вищої освіти спеціальності 072 «Фінанси, банківська справа та страхування» спеціальності 072 «Фінанси, банківська справа та страхування»” / Укл.: Г. О. Партин – Львів: Видавництво Національного університету “Львівська політехніка”, 2022. – 8с. 9. Віртуальне навчальне середовище Фінансового контролінгу. – Режим доступу: 9. Інформаційні ресурси 1. Конституція України. Прийнята на п’ятій сесії Верховної Ради України 28 червня 1996 р. – [Електронний ресурс]. – Режим доступу: 2. Господарський кодекс України від 16.01.2003 р. №436-ІV [Електронний ресурс]. — Режим доступу: 3. Витрати: [Електронний ресурс]: Положення (стандарт) бухгалтерського обліку 16: затв. М-вом фінансів України 20 жовтня 1999 р. : [за станом на 1 січня 2007 р.] // Законодавство України – Режим доступу: 4. Дохід [Електронний ресурс] : Положення (стандарт) бухгалтерського обліку 15, затверджене наказом Міністерства фінансів України від 29.11.1999 № 290 – Режим доступу: 5. Офіційний веб - сайт Агентства з розвитку інфраструктури фондового ринку України" [Електронний ресурс]. – Режим доступу: 6. Офіційний веб - сайт Державного комітету статистики України- Режим доступу: www, ukrstat. 7. Офіційний веб-сайт Верховної Ради України. [Електронний ресурс]. Режим доступу. 8. Офіційний веб-сайт Міністерства фінансів України. – Режим доступу : 10. Офіційний веб-сайт Національної бібліотеки України імені В. І. Вернадського. – Режим доступу :
Уніфікований додаток: Lviv Polytechnic National University ensures the realization of the right of persons with disabilities to obtain higher education. Inclusive educational services are provided by the Service of accessibility to learning opportunities "Without restrictions", the purpose of which is to provide permanent individual support for the educational process of students with disabilities and chronic diseases. An important tool for the implementation of the inclusive educational policy at the University is the Program for improving the qualifications of scientific and pedagogical workers and educational and support staff in the field of social inclusion and inclusive education. Contact at: St. Karpinsky, 2/4, 1st floor, room 112 E-mail: Websites:
Академічна доброчесність: The policy regarding the academic integrity of participants in the educational process is formed on the basis of compliance with the principles of academic integrity, taking into account the norms "Regulations on academic integrity at the Lviv Polytechnic National University" (approved by the academic council of the university on June 20, 2017, protocol №. 35)