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 – (“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: 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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