Course code Ekon2113

Credit points 2

Corporate Finance

Total Hours in Course80

Number of hours for lectures16

Number of hours for seminars and practical classes16

Independent study hours48

Date of course confirmation29.10.2018

Responsible UnitInstitute of Finance and Accounting

Course developer

author lect.

Evita Apsīte

Mg. oec.

Prior knowledge

Ekon2045, Accounting Basics

Course abstract

The course imparts knowledge about financial management in an enterprise, it studies the purpose, structure and functions of financial management and the performance of a finance director. Students build a profound understanding of the choice of financial resources, financial planning and assessment of paying capacity as well as acquire practical skills in financial planning and analysis.

Learning outcomes and their assessment

1) Demonstrate the understanding of financial management in an enterprise and the functions of financial management - practical assignments.
2) Demonstrate the knowledge of the functions of financial management - test with calculations.
3) Demonstrate the knowledge of financial analysis, financial planning, capital management, lending and forms of payment settlement - test with calculations.
4) Demonstrate the knowledge of the role of financial management in an enterprise - independent work.
5) Independently draw up financial plans, calculate the cost of financial capital, assess the financial situation, draw up a loan repayment schedule and perform other calculations - test with calculations.
6) Reasonably explain and discuss financial management matters - group work.
7) Independently acquire necessary information for studying enterprise finance topics - independent work.
8) Responsibly plan the completion of the assignments given - practical assignments.
9) Communicate with others and engage in group work - group work.
10) Present the results of studying a topic chosen - group work, independent work.
11) Independently formulate and analyse the results of activities of an enterprise finance director – test.
12) Independently formulate conclusions based on the calculations performed - tests, practical assignments.

13) Apply the acquired knowledge to solve financial math problems - practic

Course Content(Calendar)

1. Financial theory – 2h (lecture – 1 hour, practical task – 1 hour)
2. Financial management – 4h (lecture – 2 hour, practical task –2hour)
3. Financial planning - 6h (lecture – 3 hour, practical task – 3 hour)
4. Corporate financing – 2h (lecture – 1 hour, practical task – 1 hour)
5. Corporate financial strategy -2h (lecture – 1 hour, practical task – 1 hour)
6. 1. Test with calculations: General financial theory, financial management, financing, financial strategy – 1h (practical task – 1 hour)
7. Lending – 3h (lecture – 2 hour, practical task – 1 hour)
8. Financial analysis – 6h (lecture – 3 hour, practical task – 3 hour)
9. Investments – 2h (lecture – 1 hour, practical task – 1 hour)
10. Corporate forms of payment – 2h (lecture – 1 hour, practical task – 1 hour)
11. Insolvency assessment, bankruptcy, liquidation – 1h (lecture – 1 hour)

12. 2. Test with calculations: Lending, financial analysis, investment, forms of payment settlement, paying capacity assessment – 1h (practical task – 1 hour)

Requirements for awarding credit points

During the study course students have to pass 2 tests
1. Test with calculations: General financial theory, financial management, financing, financial strategy.
2. Test with calculations: Lending, financial analysis, investment, forms of payment settlement, paying capacity assessment
The Test consists of a test, questions and tasks.
Independent work. Student has been working on a selected financial topic of the company (ten pages, within the specified time for submission)

Description of the organization and tasks of students’ independent work

To master and strengthen theory questions and solving tasks. Prepare for tests. Developed independent work on a selected financial topic of the company.

Criteria for Evaluating Learning Outcomes

Formal test with a mark - Cumulative score (100%)
Assessment of the course is formed:
1., 2. tests with calculations – 80%
Practical assignments – 10%
Independent work – 10%
10% are equal to one point on a 10-point marking scale

Compulsory reading

1. Rurāne M. Uzņēmuma finanses. Rīga: Apgāds “Jumava”, 2007. 266 lpp.
2. Finanšu vadības rokasgrāmata. V. Jerošenko u.c. Rīga: Dienas Bizness, 2004.
3. Saksonova S. Finanšu informācijas un pārskatu praktiskā izmantošana uzņēmumu finanšu lēmumu pieņemšanā. Rīga: I.K. “INFO TILTS”, 2012. 313 lpp.
4. Saksonova S. Uzņēmuma finanšu vadības praktiskās metodes. Rīga: Merkūrijs LAT, 2006. 225 lpp.
5. Krogzeme H. Finanses un nodokļi. Rīga: RTU izdevniecība, 2010. 568 lpp.
6. Rurāne M. Finanšu menedžments. Rīga: Rīgas Starptautiskā ekonomikas un biznesa administrācijas augstskola, 2005. 384 lpp.
7. Rurāne M. Finansu pārvaldība. Rīga: Latvijas izglītības fonds, 2001. 281 lpp.

Further reading

1. Ludboržs A. Apgrozāmā kapitāla vadīšana nelielos uzņēmumos. Rīga: SIA „Lietišķās informācijas dienests”, 2007. 287 lpp.
2. Diderihs H. Uzņēmuma ekonomika. Rīga: Zinātne, 2000. 515 lpp.
3. Hofs K.G. Biznesa ekonomika. Rīga: Jāņa Rozes apgāds, 2011. 603 lpp.
4. Krogzeme H. Komersantu darbības analīze un kontrole. Rīga: RTU izdevniecība, 2013. 348 lpp.
5. Kālis I. Finanšu vadība. Rīga: LU, grāmatvedības institūts, 2002. 227 lpp.
6. Saksonova S. Uzņēmuma darbības plānošanas paņēmieni. Rīga: SIA Izglītības soļi, 2004. 105 lpp.
7. Zīriņa V. Finanšu plānošana uzņēmumā. Rīga: Lietišķās informācijas dienests, 2009. 105 lpp.
8. Subatnieks K. Komercsabiedrības naudas plūsma: Naudas plūsmas absolūto un relatīvo rādītāju izmantošana uzņēmuma finanšu analīzē. Rīga: SIA Drukātava, 2008. 100 lpp.
9. Kurjanovičs V. Biznesa novērtējums. Metodika un organizācija. Rīga: SIA “Merkurijs Info”, 2012. 189 lpp.
10. Šneidere R. Finanšu analīzes metodes uzņēmuma maksātnespējas prognozēšanai. Lietišķās informācijas dienests, 2009., 232.lpp.
11. Бланк И. А. Финансовый менеджмент: Учеъный курс. Киев: Ника–Центр, Эльга, 2002. 528 с.
12. Сатклифф М., Доннеллан М. Еффективная финансовая деятельность. Москва: Вершина, 2009., 494.стр.
13. Glen A. Corporate Financial Management. 3rd edition, 2005. Harlow: Parson Education Ltd. 1160 p.
14. Gowthorpe C. Business Accounting and Finance for non-specialists 2nd edition.- 2005.- Thomson Learning.-654

15. Brigham, E., & Ehrhardt, M. Corporate finance: A focused approach (2nd ed.). Mason, OH: Thomson South-Western [Required]; 2006.

Periodicals and other sources

1. Laikraksts Dienas Bizness: Latvijas biznesa avīze. Rīga: Dienas Mediji, 2005-. ISSN 1407-2041.
2. Bilance: grāmatvedība, likumdošana, finanses: žurnāls par grāmatvedību, likumdošanu un finansēm. Rīga: Lietišķās informācijas dienests, 2005- ISSN 1407-5709.

3. Elektroniskais žurnāls “ifinanses”. Pieejams: ifinanses.lv

Notes

Field study course for first level professional higher educational programme “Business Studies” of the Faculty of Economics and Social Development”