Course Details

Finances

Academic Year 2023/24

BVA006 course is part of 1 study plan

BPC-SI / E Winter Semester 3rd year

Finances, financial system.
Concept of company finances. Company financial system.
Tools and fundamentals of financial management.
Foundation of the firm, its property and financial structure.
Current assets in the firm, its management and financing.
Short-term and long-term sources of property coverage.
Long-term needs of the company and the way of financing of these needs.
Financing of the construction project (construction order).
The relation between the company and the state budget.
Tax system in the Czech republic and its influence in company financing.
Bank-company relation.
Consumer-supplier relationship and its influence on the company cash flow.
The fundament of the financial planning.
Public finances, basic information in respect to the company financing.

Course Guarantor

Institute

Objective

To learn about fundamentals of company financing. To understand to money flows in the firm and basic methods of their control. Working with entire available money sources.

Knowledge

Knowledge fundamentals of company financing.

Syllabus

1.–2. Finances. Financial system. Particular parts of financial system (budgetary, credit, business) and relations among them. Tools for management of particular parts of financial system.
3. Property and sources for property coverage. Golden rules of financing. Work capital.
4. Management of fixed assets. Management of inventory.
5. Management of receivables and financial assets.
6. Own and foreign long-term sources. Short-term liabilities for covering of current assets.
7. Cash flows in the company. Management of cash flows in the structural order.
8. Tax system in the Czech republic. Income tax of physical person.
9. Income tax of corporation.
10. Real estate tax. Road tax.
11. Real estate transfer tax. Consumer tax.
12. Value added tax.
13. Public finances.

Prerequisites

Orientation in basic economic terminology and in economy of construction firm.

Language of instruction

Czech

Credits

4 credits

Semester

winter

Forms and criteria of assessment

course-unit credit and examination

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

Lecture

13 weeks, 2 hours/week, elective

Syllabus

1.–2. Finances. Financial system. Particular parts of financial system (budgetary, credit, business) and relations among them. Tools for management of particular parts of financial system.

3. Property and sources for property coverage. Golden rules of financing. Work capital.

4. Management of fixed assets. Management of inventory.

5. Management of receivables and financial assets.

6. Own and foreign long-term sources. Short-term liabilities for covering of current assets.

7. Cash flows in the company. Management of cash flows in the structural order.

8. Tax system in the Czech republic. Income tax of physical person.

9. Income tax of corporation.

10. Real estate tax. Road tax.

11. Real estate transfer tax. Consumer tax.

12. Value added tax.

13. Public finances.

Exercise

13 weeks, 2 hours/week, compulsory

Syllabus

1.–2. Characteristic of property and sources for property coverage.

3.–4. Oriantation and creation of financial statement (balance-sheet, profit and loss).

5. Depreciation of property.

6. Characteristic of short-term property and liabilities.

7. Time value of money assessmant.

8. Charateristic and creation cash flow.

9.–10. Income tax.

11.–12. Indirect taxes.

13. Credit test.