Course Details

Financial Analysis in Construction Company

Academic Year 2023/24

NVB054 course is part of 1 study plan

​ NPC-SIE Winter Semester 2nd year

Financial analysis, users of financial analysis, data for financial analysis, sense of financial analysis.
Index types - difference indexes, ratio indexes.
Indexes of structure of capital, personal capital quota, capital structure, solidity of I., II., and III. degree. Profitability indexes, ROE, ROA, analyses of profitability indexes.
Financial lever, risks.
Cash - flow in financial analysis.
Total indexes, Quick – test. DuPont’s pyramid, Altmann’s index of financial health.

Credits

3 credits

Language of instruction

Czech

Semester

winter

Course Guarantor

doc. Ing. Eva Vítková, Ph.D.

Institute

Institute of Structural Economics and Management

Forms and criteria of assessment

graded course-unit credit

Entry Knowledge

Knowledge of Accounting, knowledge and orientation in prescribed accounting terms.

Aims

Be able, pursuant to account sheet, to calculate basic indexes of financial analysis and to interpret them rightly.
Be able, pursuant to account sheet, to calculate basic indexes of financial analysis.

Basic Literature

Vítková, E.; Chovancová, J.; Finanční analýza ve stavebním podniku, studijní opory, 2015, VUT FAST. (cs)
Růčková, P.; Finanční analýza . metody, ukazatele, využití v praxi, Grada, 2021, ISBN 978-80-271-3124-2 (cs)
Nývltová, R.; Základy finančního řízení podniku, Grada, 2018, ISBN 978-80-271-0194-8 (cs)

Recommended Reading

Čižinská, R.; Základy finančního řízení podniku, Grada, 2018, ISBN 978-80-271-0194-8  (cs)
Jack Alexander; Financial Planning and Analysis and Performance Management, John Wiley and Sons Inc, 2018, ISBN 9781119491484 (en)

Prerequisites

Knowledge of Accounting, knowledge and orientation in prescribed accounting terms.

Specification of controlled instruction, the form of instruction, and the form of compensation of the absences

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Offered to foreign students

Not to offer

Course on BUT site

https://www.vut.cz/en/students/courses/detail/271086

Exercise

13 weeks, 3 hours/week, compulsory

Syllabus

1. Basic areas of financial analysis, its sense, sorts of indexes. Users of financial analyses. Orientation in account sheets.

2. Index creation, their interpretation and predicable efficiency. Calculation of solidity indexes. Analysis of indexes, influences on their amount. Appreciation and estimation of results. Calculation of indexes of financial stability. Meaning, using. Influences having effect on values of these indexes.

3. Indexes of turns. General formula. Calculation of separate indexes, their analysis and recommendation for management of turns. Indexes of profitability. Production of separate indexes and their interpretation. Comparison of separate methods of calculation of profitability. Evaluation and recommendation.

4. Evaluation of analysed company on base of existing results. Report of financial analytic with final recommendations.

5. Total indexes of financial analysis – Altmann’s index, fast test, pyramidal analysis.

6.–7. Comparing of results of analysis by comparing of results of particular and total indexes.

8.–9. Financial plans editing on the basis of financial analyses results. Individual processing of FA analytic’s report based included, based on simplified example.

10. Credit test.