Faculty of Accounting and Tax Management

Accounting in financial management

Objective of mastering discipline: acquisition of students’ theoretical knowledge and practical skills in using accounting to manage the financial resources of the enterprise and building a system for the effective use of property and achievement of the goals determined by the top management.
Tasks of the discipline: formation of a holistic knowledge system on the methodology of preparation and use of economic information to develop an effective financial policy of the enterprise. As a result of studying the discipline students must learn the elements of research activities, principles of organization, methodology and technology of financial management of enterprises, learn to conduct author's research, in particular, in terms of information gathering, theoretical assumptions and working hypotheses, the choice of methods and methods for conducting financial analysis of international corporations in order to substantiation of financial and investment decisions, operative estimation of financial condition and results of activity of the enterprise.
Learning outcomes:
After studying a science student must:
- to know: the fundamental concepts of accounting and their influence on the formation of various policies of financial management, methods and approaches of original thinking to form innovative models of management decisions in terms of using the resources of the enterprise and their financial support;
- be able to: solve complex problems and problems of convergence of accounting knowledge and financial mechanism, which requires updating and integration of knowledge, often under conditions of incomplete / insufficient information and conflicting requirements of conducting research and / or innovation, in order to choose the most optimal model of management decision through the prism of the financial strategy of the enterprise.
The content of the discipline is disclosed in the following topics: Fundamentals of financial management and financial policy of the company; Accounting in the system of financial management of the enterprise; Asset management company; Capital of the enterprise: its cost and optimization of structure; Profit management of the enterprise; Cash flow management at the enterprise; The cost of money in time in financial calculations; Management of enterprise investments; Financial risk management; Analysis of the company's financial statements; Financial planning and forecasting at the enterprise; Anticrisis financial management at the enterprise.

Last redaction: 04.09.24