Budgeting of Foreign Trade Activity

Major: Management
Code of subject: 6.073.04.E.131
Credits: 5.00
Department: Foreign Trade and Customs
Lecturer: PhD in Economics, Associate Professor Yuliia Chyrkova
Semester: 7 семестр
Mode of study: денна
Learning outcomes: The results of the study of this discipline detail the following program learning outcomes (PLO): PLO6. Identify skills of search, collection, and analysis of information, calculation of indicators to justify management decisions. PLO20. Ability to demonstrate in-depth knowledge and understanding of the processes of international economic operations, their organizational, financial, resource, legal, logistical, customs, transport, forwarding, insurance, management support. PLO27. Ability to substantiate, diagnose and implement various types of international economic activity, ensure customs clearance, and declaration of goods.
Required prior and related subjects: Prerequisites: - Technology of foreign economic operation. Co-requisites: - Diagnostics of foreign economic activities. - Budgeting of foreign economic activities (CP)
Summary of the subject: The essence and purpose of budgeting of foreign economic activity. Foreign economic activity as an object of budgeting. Budgeting place in the system of management of foreign economic activity of enterprise. Typical structure of the budgeting system for foreign economic activity. Budget as an economic category. The typology of budget in foreign economic activity. The process of budget planning at enterprise in terms of foreign economic activity. Normative support of budget formation at enterprise in terms of foreign economic activity. The technology of budget formation at enterprise in terms of foreign economic activity. Risk-based budgeting of foreign economic activity of enterprise. Budget organization at enterprise in terms of foreign economic activity. The essence and typology of responsibility centers in the enterprise. Budget motivation at enterprise in terms of foreign economic activity. Budgetary controlling and regulation at enterprise in terms of foreign economic activity. Automation of the implementation and application of budgeting systems at the enterprise: international and domestic experience
Assessment methods and criteria: • Current control (40 points): laboratory works (30 points), reports and presantations (10 points). • Examination control (60 points): written component (45 points) and verbal component (15 points).
Recommended books: 1. Кузьмін, О. Є., Мельник, О.Г., Петришин, Н.Я., Адамів, М.Є. & Чиркова, Ю.Л. (2020). Бюджетування та оподаткування зовнішньоекономічної діяльності: навчальний посібник. Львів: Растр-7. 2. Верланов, Ю.Ю. (2021) Фінансовий менеджмент: навчальний посібник (2-ге видання). Миколаїв: Вид-во ЧНУ ім. Петра Могили. 3. Гребельник О. П. (2019). Основи зовнішньоекономічної діяльності: підручник (5-те вид., перероб. та допов.). Ірпінь: Університет ДФС України.

Budgeting of Foreign Trade Activity (курсовий проєкт)

Major: Management
Code of subject: 6.073.04.E.138
Credits: 3.00
Department: Foreign Trade and Customs
Lecturer: PhD in Economics, Associate Professor Yuliia Chyrkova
Semester: 7 семестр
Mode of study: денна
Learning outcomes: The results of the study of this discipline detail the following program learning outcomes (PLO): PLO6. Identify skills of search, collection, and analysis of information, calculation of indicators to justify management decisions. PLO20. Ability to demonstrate in-depth knowledge and understanding of the processes of international economic operations, their organizational, financial, resource, legal, logistical, customs, transport, forwarding, insurance, management support. PLO27. Ability to substantiate, diagnose and implement various types of international economic activity, ensure customs clearance, and declaration of goods.
Required prior and related subjects: Prerequisites: - Budgeting of foreign economic activity - Taxation of foreign economic activity (CP). Co-requisites: - Implementation of bachelor's qualification work
Summary of the subject: Determine of sales forecast. Construction of the money plan of products sold and the plan of money payments for materials. Formation of estimate of direct salary costs and estimate of direct cost for materials. Formation of estimate of general production costs. Formation of incomes and costs budget and budget of cash flow. Determine of funding needs and formation of credit schemes.
Assessment methods and criteria: Thematic content of work: 40%; Work designing: 20%; Oral component: 40%.
Recommended books: 1. Бюджетування зовнішньоекономічної діяльності: [навч. посібник] / О.Є. Кузьмін, О.Г. Мельник, Н.Я. Петришин, М.Є. Адамів, Ю.Л. Чиркова. – Львів: Видавництво «Растр-7», 2020. – 266 с. 2. Ярошевич Н.Б. Бюджетний менеджмент: навчально-методичний посібник / Н.Б. Ярошевич, Н.О. Шпак, В.Є. Матвіїшин. – Львів : Видавництво Львівської політехніки, 2012. – 221 с. 3. Кузьмін О.Є. Управління витратами на підприємствах: [навч. посібн.] / О.Є. Кузьмін, О.Г. Мельник, У.І. Когут. – Львів: Видавництво Львівської політехніки, 2014. – 244 с.