Business and Property Estimation

Major: Public management and administration
Code of subject: 6.281.02.E.069
Credits: 3.50
Department: Theoretical and Applied Economics
Lecturer: PhD in Economics, Associate Professor Komarynets S.O.
Semester: 6 семестр
Mode of study: денна
Мета вивчення дисципліни: The purpose of studying the discipline "Business and Property Valuation" is to obtain future specialists thorough theoretical and practical knowledge of the valuation of property and real estate. The results of studying the discipline "Business and Property Valuation" are the student's mastery of the basic principles and factors of business and property valuation; business and property value assessment mechanisms; peculiarities of estimating the value of construction objects, securities, intangible assets, machines and mechanisms, land plots, equity and loan capital of the enterprise.
Завдання: The study of an educational discipline involves the formation of competencies in students of education: professional competences of a professional direction: - Understanding the purpose, basic principles, strategic goals of the development of society in Ukraine, the tasks aimed at their achievement, as well as the main directions, stages and mechanism of the implementation of strategies, taking into account modern trends and peculiarities of the development of Ukraine in the future.
Learning outcomes: As a result of studying the academic discipline, the student must be able to demonstrate the following learning outcomes: - The ability to organize the company's activities, applying the appropriate methods of strategic and anti-crisis management, organizational, competitive and legal culture.
Required prior and related subjects: Microeconomics, Public Administration, Business Obligations, Public Procurement, Prices and Pricing.
Summary of the subject: The purpose of the educational discipline "Business and Property Valuation" is the formation of a system of theoretical knowledge and applied abilities and skills related to economic evaluation and improvement of the economic content, theory and practice of property evaluation, property rights and methods of calculating the value of assets. The task of the academic discipline is to acquire theoretical knowledge about the basic principles of economic evaluation; studying the order, principles and methods of organizing assessment activities; acquiring practical skills in evaluating objects and performing evaluation procedures. The subject of the educational discipline "Business and Property Valuation" - factors affecting the processes of economic evaluation, components of evaluation activity, the main directions of solving problems related to increasing the level and quality of the implementation of evaluation procedures. The results of mastering the course are knowledge of the basic principles of evaluation theory, methodical approaches to evaluation, financial tools used in evaluation; understanding the specifics of the definition and use of types of value, the principles and main approaches of standardization of property valuation in Ukraine, the principles of valuation of objects in material form, the ability to analyze the structure of valuation activities, to provide a general description of the principles of economic valuation, to investigate the expediency of using different types of value, to use existing methodological approaches in assessment practice, determine the necessary assessment indicators using financial instruments.
Опис: The essence of business and property valuation. Organizational and managerial and legal aspects of evaluation activities. Theoretical and methodological bases of business and property valuation. Profit, cost and comparative approach to business and property valuation. Analysis and evaluation of cash flows of the enterprise. Valuation of securities.
Assessment methods and criteria: Current control - 40%, examination control - 60%.
Критерії оцінювання результатів навчання: Current and examination control. Current control - knowledge assessment methods: written testing on the topics of the lecture course, oral and face-to-face interview, presentations at practical classes, solution of situational and laboratory tasks, performance of control work. Examination control - knowledge assessment methods: written test, oral survey.
Порядок та критерії виставляння балів та оцінок: 100-88 points - certified with an “excellent” grade - High level: the student demonstrates an in-depth mastery of the conceptual and categorical apparatus of the discipline, systematic knowledge, skills and abilities of their practical application. The mastered knowledge, skills and abilities provide the ability to independently formulate goals and organize learning activities, search and find solutions in non-standard, atypical educational and professional situations. The applicant demonstrates the ability to make generalizations based on critical analysis of factual material, ideas, theories and concepts, to formulate conclusions based on them. His/her activity is based on interest and motivation for self-development, continuous professional development, independent research activities, implemented with the support and guidance of the teacher. 87-71 points - certified with a grade of “good” - Sufficient level: involves mastery of the conceptual and categorical apparatus of the discipline at an advanced level, conscious use of knowledge, skills and abilities to reveal the essence of the issue. Possession of a partially structured set of knowledge provides the ability to apply it in familiar educational and professional situations. Aware of the specifics of tasks and learning situations, the student demonstrates the ability to search for and choose their solution according to the given sample, to argue for the use of a particular method of solving the problem. Their activities are based on interest and motivation for self-development and continuous professional development. 70-50 points - certified with a grade of “satisfactory” - Satisfactory level: outlines the mastery of the conceptual and categorical apparatus of the discipline at the average level, partial awareness of educational and professional tasks, problems and situations, knowledge of ways to solve typical problems and tasks. The applicant demonstrates an average level of skills and abilities to apply knowledge in practice, and solving problems requires assistance, support from a model. The basis of learning activities is situational and heuristic, dominated by motives of duty, unconscious use of opportunities for self-development. 49-00 points - certified with a grade of “unsatisfactory” - Unsatisfactory level: indicates an elementary mastery of the conceptual and categorical apparatus of the discipline, a general understanding of the content of the educational material, partial use of knowledge, skills and abilities. The basis of learning activities is situational and pragmatic interest.
Recommended books: 1. ЗАКОН УКРАЇНИ “Про оцінку майна, майнових прав та професійну оціночну діяльність в Україні”. // Відомості Верховної Ради (ВВР). – 2001. – № 47. – ст. 251) із змінами та доповненнями. 2. МЕТОДИКА ОЦІНКИ МАЙНА, затверджена Постановою Кабінету Міністрів України від 10.12.2003 р. № 1891. 3. НАЦІОНАЛЬНИЙ СТАНДАРТ № 1 “Загальні засади оцінки майна і майнових прав”, затверджений Постановою Кабінету Міністрів України від 10.09.2003 р. № 1440. 4. НАЦІОНАЛЬНОГО СТАНДАРТУ №2 “Оцінка нерухомого майна”, затверджений постановою Кабінету Міністрів від 28 жовтня 2004 року № 1442. 5. НАЦІОНАЛЬНИЙ СТАНДАРТ № 3 “Оцінка цілісних майнових комплексів”, затверджений постановою Кабінету Міністрів України від 29 листопада 2006 р. N 1655. 6. НАЦІОНАЛЬНИЙ СТАНДАРТ № 4 “Оцінка майнових прав інтелектуальної власності”, затверджений постановою Кабінету Міністрів від 3 жовтня 2007 року № 1185. 7. Вівчар О. І. Оцінка вартості майна та бізнесу / О. І. Вівчар – Тернопіль: ФО-П Шпак В. Б., 2014. – 163 с. 8. Вівчар О. І. Оцінка вартості майна та бізнесу / О. І. Вівчар // Практикум – Тернопіль: ФО-П Шпак В. Б., 2017 – 57 с. 9. Круш В. М. Оцінка бізнесу: навчальний посібник для студентів вищих навчальних закладів. / В. М. Круш – Київ, 2012. – 350 с. 10. Кухарська О.Б. Оцінка прав на об’єкти інтелектуальної власності. Метод звільнення від роялті / О.Б. Кухарська, А.А. Підлипська, А.М. Чиркін. – К.: Арт Економі, 2015. – 243 с.
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