Mail: ef@unze.ba / Phone: (+387 32) 460 467, 460 444

Financial planning, analysis and control

Study: Second cycle

Semester: First semester

Professor: Prof. Ph.D. sc. Nedžad Polić

Section:      Business and public finance

ECTS:          7,5

Exam results

Course content

  1. Contemporary concepts of financial planning
  2. Resource allocation planning
  3. Sales planning techniques
  4. Cash flow planning
  5. Budgeting techniques
  6. Structure of financial analysis
  7. Applied financial analysis
  8. Applied financial controlling

Objective of the course

  1. Master advanced knowledge in the field of planning, analysis and control, which implies modern techniques and tools.
  2. To train students for an independent and quality approach to controlling processes in companies.
  3. Ensure the possibility of a scientific-research approach in the domain of planning, analysis and control.
 

Teaching methods

  1. Ex chair 50%;
  2. Presentations of team works 20%;
  3. Case Studies 30%.
 

Knowledge testing methods

  • entrance paper - condition for taking the comprehensive exam - 20%
    comprehensive exam (written/oral) – 80%

Competences

During the study and study of the subject Financial planning, analysis and control, students of the II cycle of studies would master modern techniques and technologies of the process of planning, analysis and control of business operations. In this way, the student should become familiar with the necessary modern skills as well as the importance of the mentioned business functions within the process of making business decisions and managing business processes. Students should be able to master the specific knowledge related to the coordination and integration of these three processes and master the skills of their coordination and management support at the highest level in the company. In addition to the knowledge and skills required for operational functioning in the given business environment, students will be trained to recognize problems of a scientific-research nature in the areas covered by the subject discipline and master the basic skills of independent scientific-research work. Students who master the offered knowledge should be able to work efficiently and effectively in the business environment in the domain of business planning, business analysis and company potential, mechanisms and the importance of the control function, but also the scientific-research aspect of the treatment of the subject areas.
The exiting competencies of students who graduate from the study program and discipline Financial planning, analysis and control are related to business planning processes, general and specific business analysis of business processes and control of selected business indicators at the company level. Also, the student will be able to synthetically direct the efforts and potential of the company in the direction of achieving business goals guided by the synergy of the process of planning, analysis and control of business processes and goals.

 

Literature

  1. Lytton, HR, Grable EJ, Klock, DD (2013): The process of financial planning, second edition, NUC, Erlanger, KY.
  2. Bernstein, AL, Wild, J. (2000): Analysis of Financial Statements, fifth edition, McGraw Hill, NY, USA.
  3. Bragg, MS (2009): Controllership: The work of the Managerial accountant, John Wiley & Sons., NJ, USA.
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