Financial Managament of an Enterprise (3cr)
Course unit code: LT00DK14
General information
- Credits
- 3 cr
Objective
The student is able to evaluate and analyze a company's profitability and financial position based on its financial statements. The student is able to apply the formulas used to calculate key financial ratios from financial statement data and interpret these ratios. The student understands the basics, functions, and various applications of management accounting within a company. The student is able to use tools such as contribution margin analysis to examine a company’s profitability. The student can prepare basic calculations related to corporate finance.
The student is able to explain the fundamental concepts and legislation of direct and indirect taxation and apply them in business operations.
Content
- Financial Statements and relationships between the different parts of the financial statements
- Estimating profitability and financial status
- Indirect and direct taxation
- Cost-volume-profit analysis
- Basics of budgeting and pricing
- Financial planning and investments
- Financial ratios
Qualifications
Accounting 1. Accounting 2
Assessment criteria, satisfactory (1)
The student is able to assess a company's profitability and financial position based on given financial ratios. The student is able to prepare basic calculations related to corporate finance. The student is familiar with the fundamentals of management accounting as well as the principles of direct and indirect taxation.
Assessment criteria, good (3)
The student is able to evaluate and analyze the profitability and financial status of a company on the basis of the financial statements and key ratios given. Thhe student knows how to use, for example, cost-colume-profit analysis as a tool to measure company profitability. Students know the essential basic concepts and legislation concerning direct and indirect taxation.
Assessment criteria, excellent (5)
The student is able to evaluate and analyze the profitability and financial status of a company on the basis of the financial statements. Students know the basic principles, tasks and areas of utilisation of management accounting in a company. Students know the basic concepts and legislation concerning direct and indirect taxation and be able to apply them to business operations.