Corporate Budgeting (курсовий проєкт)

Major: Finance, Banking and Insurance
Code of subject: 7.072.01.E.019
Credits: 3.00
Department: Finance
Lecturer: PhD, professor Partyn H.O. http://wiki.lp.edu.ua/wiki/Партин_Галина_Остапівна
Semester: 2 семестр
Mode of study: денна
Мета вивчення дисципліни: The purpose of writing the course project is to study budgeting processes in the corporation, taking into account the influence of macro-meso- and micro-environmental factors.
Завдання: The study of an educational discipline involves the formation of competences in students of education: integral competence: The ability to solve complex tasks and problems in professional activity or in the process of learning in the field of finance, banking and insurance, including of an innovative nature, which involves the application of theories and methods of financial management, conducting research and is characterized by the uncertainty of conditions and requirements. general competencies: - ЗК1. Ability to abstract thinking, analysis and synthesis. - ЗК3. Ability to conduct research at an appropriate level, formulate new hypotheses and scientific problems in the field of finance, banking and insurance. - ЗК4. Ability to identify, pose and solve problems taking into account the available resources. Special (professional) competencies: - СК1. The ability to use the fundamental patterns of development of finance, banking and insurance in combination with research and management tools to carry out professional and scientific activities. - СК4. The ability to evaluate the effectiveness of scientific, analytical and methodical tools for justifying management decisions in the field of finance, banking and insurance. - СК6. Ability to apply interdisciplinary approaches to solving complex tasks and problems in the field of finance, banking and insurance. - СК8. Ability to apply innovative approaches in the field of finance, banking and insurance. - СК10. Ability to analyze financial and tax policy at the micro- and macro-level and justify directions for their improvement. - СК11. The ability to adapt and implement international standards and regulations in the practical activities of corporations in terms of managing assets, capital, investments, financial results, financial risks. Professional competences of a professional direction "Corporate Finance": - СКС-1.1. Ability to perform the functions of financial analysis, financial evaluation, financial planning and financial risk management, taking into account changes in the economic environment.
Learning outcomes: As a result of writing the course project, the student must be able to demonstrate the following learning outcomes: - ПР01. To use the fundamental laws of the development of finance, banking and insurance in combination with research and management tools to carry out professional and scientific activities. - ПР02. To know at the level of the latest achievements the main concepts and methodologies of scientific knowledge in the field of finance, banking and insurance. - ПР06. It is accessible and reasoned to present the results of research orally and in writing, to participate in professional discussions. - ПР08. Be able to apply and manage innovative approaches in the field of finance, banking and insurance. - ПР11. Apply in-depth knowledge in the field of financial, banking and insurance management for decision-making. - ПР12. To substantiate the choice of options for management decisions in the field of finance, banking and insurance and to evaluate their effectiveness taking into account the goals, existing restrictions, legislative and ethical aspects. - PR15. To justify directions for improving the financial and tax policy of the state, financial and non-financial corporations. - PR20. Choose and apply economic-mathematical methods and models and determine the advantages of their practical application in the activities of financial and non-financial corporations. - ЗН 2. Critical understanding of basic theories, principles, methods and concepts in education and professional activity. skill: - UM1. Solving complex, unpredictable tasks and problems in specialized areas of professional activity and/or training, which involves the collection and interpretation of information (data), the selection of methods and tools, the use of innovative approaches to evaluating the results of financial activities. autonomy and responsibility: AB2. Responsibility for the professional development of individuals and/or groups of individuals.
Required prior and related subjects: - prerequisites: financial management - co-requisites: pre-diploma practice
Summary of the subject: Study of the essence, methods and procedure of budgeting organization in the system of financial controlling in the corporation, study of the influence of macro-meso- and micro-environmental factors on the competitive position of the corporation in the market and formation of strategic tasks for its development, formation of a system of operating and financial budgets, assessment of potential consequences of influence implementation of budgetary tasks for the financial state of the corporation and determination of possible ways to improve the budgeting process, formulation of conclusions in accordance with the received research results, formation of a set of own proposals for improving the budgeting system.
Опис: Introduction. The theoretical part. The design of: Research of business environment on the basis of SWOT-analysis. Budgeting: budget revenue; budget of receipts, the budget receivables budget production in physical units, the budget using basic materials budget the purchase of basic materials, budget, cash payments, budget, accounts payable, budget, labor costs and its payment, budget production overheads budget cost of production budget cost of sales, budget, administrative costs and sales budget financial results for the planned year budget capital investment budget cash flow, budget balance. Conclusions.
Assessment methods and criteria: Methods of monitoring the knowledge and skills of the student in the study of the discipline (implementation of the course project) include evaluation: the quality of the processing of literary sources and the completeness of the disclosure of the theoretical part according to the variant of the task, the correctness of the application of the SWOT-analysis method to determine the strategic factors affecting the financial and economic activity of the investigated corporation, as well as the effectiveness of the proposed measures to improve the indicators, the correctness of the method of forming operational and financial budgets and accuracy of implementationcalculations, the validity of conclusions based on the results of research during the course project, completeness of answers and the ability to present the results of research in an argumentative manner during the defense of the course project in the presence of other students of the group, the quality and timeliness of the work design.
Критерії оцінювання результатів навчання: - Completeness of the disclosure of the theoretical part (20 points) - Precision calculations in the calculation of (20 points) - Correct evaluation of the results (20 points) - The effectiveness of the implementation of the proposed measures for improvement (10 points) - Completeness and justification in the protection of answers (20 points) - Quality and timely execution of work (10 points)
Порядок та критерії виставляння балів та оцінок: It is regulated by the Regulations of the Lviv Polytechnic National University: Regulations on the Organization and Conduct of Current and Semester Monitoring of Students' Study Results (SVO LP 03.09) and Regulations on Rating Assessment of Students' Achievements (SVO LP 03.10). In the process of training, the applicant must score more than 26 points based on the results of the current control. Mandatory types of control include: 1. Control of the completeness of the disclosure of the theoretical part (20 points); 2. Control of the correctness of the methodology and accuracy of calculations in the calculation part (20 points); 3. Control of the correctness of the assessment of the obtained results in the course project implementation process (20 points); 4. Monitoring the effectiveness of the measures proposed in the project to improve indicators (10 points); 5. Completeness and substantiation of answers when defending work (20%); Separately, with additional points (from 5 to 10 points), the recipient is encouraged to research work - participation in competitions for research works, publication of scientific theses and articles.
Recommended books: 1.Партин Г. О. Фінансовий контролінг: навч. посібн. / Г.О. Партин, Р.І. Задерецька. — Львів: Видавництво Львівської політехніки, 2013. — 232 с. 2.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. 3. Партин Г.О. Управлінський облік: Підручник / Г.О. Партин, А.Г. Загородній, А.І. Ясінська, Т.І. Вознесенська. – Львів: Видавництво Львівської політехніки, 2017. – 340с. Методичне забезпечення Методичні рекомендації до виконання курсового проекту «Бюджетування у корпорації» для здобувачів вищої освіти денної та заочної форм навчання другого (магістерського) рівня вищої освіти (ОПП) спеціальності 072 «Фінанси, банківська справа, страхування та фондовий ринок» / Укл.: Г.О. Партин. – Львів: Видавництво Національного університету «Львівська політехніка», 2023. – 41с. Інформаційні ресурси 1. Віртуальне навчальне середовище Бюджетування у корпорації. – Режим доступу: https://vns.lpnu.ua/course/view.php?id=508 2. Конституція України. Прийнята на п’ятій сесії Верховної Ради України 28 червня 1996 р. – [Електронний ресурс]. – Режим доступу: http://www.zakon.rada.gov.ua. 3.Господарський кодекс України від 16.01.2003 р. №436-ІV [Електронний ресурс]. — Режим доступу: http://zakon.rada.gov.ua. 4. 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: http://zakon.rada.gov.ua 5. Дохід [Електронний ресурс] : Положення (стандарт) бухгалтерського обліку 15, затверджене наказом Міністерства фінансів України від 29.11.1999 № 290 – Режим доступу: http://zakon1.rada.gov.ua 6. Офіційний веб - сайт Агентства з розвитку інфраструктури фондового ринку України" [Електронний ресурс]. – Режим доступу: http://smida.gov.ua. 7. Офіційний веб - сайт Державного комітету статистики України- Режим доступу: www, ukrstat. gov.ua 8. Офіційний веб-сайт Верховної Ради України. [Електронний ресурс]. Режим доступу. http://portal.rada.gov.ua 9. Офіційний веб-сайт Міністерства фінансів України. – Режим доступу : http://www.minfin.gov.ua 10. Офіційний веб-сайт Міністерства фінансів України. [Електронний ресурс]. Режим доступу: http://www.minfin.gov.ua 11. Офіційний веб-сайт Національної бібліотеки України імені В. І. Вернадського. – Режим доступу : http://www.nbuv.gov.ua Офіційний веб-сайт Міністерства фінансів України. – Режим доступу : http://www.minfin.gov.ua
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