Fundamentals of the Financial Management 2600-DSMw3ZFP

The lecture presents : the principles of the financial economy of enterprise, the methods of the financial management and the determination of the decisions, which consist in market and the financial politics. Following questions are the content of the lecture:
-the object of the finances of the enterprise, aims short- and the long-term activities of economic, financial report as the sight of the enterprise, market environment enterprises and its implications for money flows;
- the systematization of the capital sources, postulated reports between the equity and liability, the postulated principles of funding assets, funding alternative: the essence of the leasing, factoring and franchising, the categories of the result of the economic activity ,net profit and cash flows
- the current management finances: floating capital managing, cash cycle, optimizing the level of stores, the strategy of the management the floating asset, the financial politics of enterprise towards the deliverers and consumers
- the instruments of long-term funding, the basis of investing in actions and bonds, the cost of the equity and liability
- interest rate as a price of money on the market, interest rate as the rate of return , the estimating the present and future value of cash flows, the theoretical bases of the risk,
- the investment factual, the bases of the budget of investment and the method of the opinion of investment projects, the effect of the scale of the led activity, the analysis of the unit and marginal cost, the classic formula of the threshold of profitability, the margin of the safety, the cost and the systems of the amortization,
- formation the structures of the capital, analysis EBIT-EPS, the conception of the operating leverage and financial leverage
- the bases of the fundamental analysis, index analysis, the trouble areas of the financial analysis (the liquidity and profit ability, solvency short- and long-term), the dilemmas of the standards of the opinion, the synthetic measures of the financial standing and models of early warning, essence of rating
- fiscal politics and the finances of the enterprise, tax as the basic tool of the fiscal politics, the influence of direct and indirect taxes on results financial enterprises, the systematization of the reaction and the tax strategies of enterprises, taxes shield and its using.