Technics of financial analysis

Description: The discipline gives an idea of financial analysis as a system of knowledge about the methods of research of financial and economic activity of the enterprise. It contributes to the assimilation of the basic techniques and criteria of financial analysis, the formation of students' skills in conducting financial analysis of the company's activities, assessing the current financial condition of an economic entity and the expected prospects for its development. As a result of studying this discipline, the student acquires competencies in the field of using the results obtained during the analysis to justify decisions aimed at the financial recovery of the enterprise.

Amount of credits: 5

Пререквизиты:

• Statistics

Course Workload:

Component: Component by selection

Cycle: Profiling disciplines

Goal

• formation of students' knowledge and skills of financial analysis of the company's activities, assessment of the current financial condition of the facility and the expected prospects for its development for making managerial decisions.

Objective

• The objectives of the course are to acquire new knowledge of the theoretical foundations on the problems of analysis in general and financial, in particular, to study the content of the main categories of financial analysis, to master the basic techniques and criteria of analysis, to acquire analytical calculation skills to use them in the practice of financial work at the enterprise.

Learning outcome: knowledge and understanding

• the place of financial analysis in the general financial management system; the subject, object and methods of financial analysis; types of financial analysis, its information basis.

Learning outcome: applying knowledge and understanding

• Skills: - performing practical calculations on the analysis of financial statements, including calculations of financial coefficients; - justification of measures for the financial rehabilitation of enterprises;. - preparation of a report on the use of financial resources and the implementation of financial plan indicators; Ability to: understand financial information, including foreign information published in the press; analyze the results of production and financial activities of an economic entity; analyze and evaluate the economic efficiency of capital investment measures; to monitor the performance of indicators of the financial plan, financial programs, the effective use of financial resources, fixed assets, intangible assets, working capital; to give an economic interpretation of the results obtained during the financial analysis and use them to develop measures aimed at improving the efficiency of the use of material, labor and financial resources, improving the financial condition of the enterprise as a whole.

Learning outcome: formation of judgments

• the ability, based on the financial analysis, to make a judgment about the financial position of the enterprise, to give an economic interpretation of the results obtained during the financial analysis and use them to develop measures aimed at improving the efficiency of the use of material, labor and financial resources, improving the financial condition of the enterprise as a whole

Learning outcome: communicative abilities

• ability to adapt easily in a professional environment, to be flexible and mobile in various conditions and situations related to professional activity

Learning outcome: learning skills or learning abilities

• possession of the skills to acquire new specialized knowledge necessary for daily professional activities and continuing education in the master's degree, striving for professional and personal growth

Teaching methods

During the training sessions, the use of the following educational technologies is provided: - interactive lecture (the use of the following active forms of learning: guided (guided) discussion or conversation; moderation; demonstration of slides or educational films; brainstorming; motivational speech); - creation of scenarios for the development of various situations based on specified conditions; - information and communication (for example, classes in a computer classroom using professional application software packages); - search and research (independent research activity of students in the learning process); - solving educational tasks.

Topics of lectures

• Financial analysis in the financial management system
• Information base of financial analysis
• Methods of financial analysis
• Express analysis of financial statements
• Assessment of the financial condition of the enterprise on the basis of in-depth analysis
• Analysis of balance sheet liquidity and solvency
• Financial stability analysis
• Analysis of business activity and enterprise performance
• Analysis of market activity of the enterprise
• Break-even Analysis
• Bankruptcy Probability Analysis

Key reading

• Теория и практика анализа финансовой отчетности организаций: учебное пособие / под ред. Н.В.Парушиной. - М.: ИНФРА-М, 2010. - 432 с.
• Дюсембаев К.Ш. Аудит и анализ в системе управления финансами.- Алматы: Экономика, 2009. - 366 с.
• Техника финансового анализа в контексте антикризисного управления предприятием: Учебное пособие/ О.В.Куур, Р.А. Костырко. - Усть-Каменогорск, ВКГТУ, 2019. – 170 с.
• Костырко Р.А., Куур О.В. Финансовый анализ: теория и практика в контексте МСФО: Учебное пособие.- Усть-Каменогорск, ВКГТУ, 2011.- 180 с.
• Савицкая Г.В. Анализ хозяйственной деятельности предприятия. - М.: Инфра-М, 2010. - 536 с.
• Заманбеков Ш.З. Кәсіпорынның шаруашылық қызметін талдау. – Алматы: Экономика, 2016. – 220 б.
• Әбленов Д. О. Қаржылық есептегі талдау концепциялары: Оқулық / ред. басқарған Н. Қ. Мамыров. – Алматы: Экономика, 2015. – 268 б.
• Демесинов Т.Ж. Қаржылық талдау. - Алматы: Дәуір, 2011. – 320 б.

Further reading

• Ковалев В.В. Введение в финансовый менеджмент. - М.: Финансы и статистика, 2016. – 763 с.
• Костырко Р.А. Финансовый анализ: Учебное пособие. – Харьков: Фактор, 2007. - 784 с.
• Жилкина, А. Н. Финансовый анализ : учебник и практикум для бакалавриата и специалитета / А. Н. Жилкина. — Москва : Издательство Юрайт, 2019. - 285 с.
• «Бухгалтерлік есеп пен қаржылық есептемелер туралы» ҚР Заңы, 2007 жылдың 28 ақпаны, № 234 – III (2018 ж. өзгертулер мен толықтырулармен).
• Қаржылық есептіліктің халықаралық стандарттары (2018 ж. редакциясы) // www.minfin.kz
• Ұлттық қаржылық есептіліктің стандарты: Қазақстан Республикасы Қаржы министрінің бұйрығы, 31.01.2013 ж., № 50 (2018 ж. өзгертулер мен толықтырулармен).