Course: Basic Financial Management credits: 3
- Course code
- IFVP18PAAFIM
- Name
- Basic Financial Management
- Study year
- 2019-2020
- ECTS credits
- 3
- Language
- Dutch, with parts in English
- Coordinator
- J. Krips
- Modes of delivery
-
- Tutorial
- Assessments
-
- Basic Financial Management - Written, organised by STAD examinations
Learning outcomes
Main learning outcome:
The student knows and understands the basic financial overviews and the cost structure of a company and makes simple calculations based on simple financial information within the facility management context
Learning outcomes:
The student:
- predicts the impact on the balance sheet, income statement and cash flow statement when relevant financial facts are given
knows the differences between costs, revenue, cash inflow and cash outflow and calculates on the basis of given financial facts provisions, liabilities, investments (depreciation costs and VAT included)
- calculates on the basis of given financial facts purchase value, gross profit margins, costs, operating income, financial income and expenses, pre-tax profit, taxes and net profit (EBIT, EBT, EAT)
- calculates profitability ratios, solvency ratios and liquidity ratios (return on assets, return on equity, average cost of debt, solvency ratios, debt ratio, turnover rate, interest coverage ratio, current ratio, acid test ratio, net working capital)
- can perform a break-even analysis and determines the safety margin based on given financial facts
- knows the differences between fixed and variable costs, direct and indirect costs and the cost for a homogeneous and heterogeneous production and can perform standard costing analysis based on absorption costing and overhead application rates (single and multiple makeup method)
The student knows and understands the basic financial overviews and the cost structure of a company and makes simple calculations based on simple financial information within the facility management context
Learning outcomes:
The student:
- predicts the impact on the balance sheet, income statement and cash flow statement when relevant financial facts are given
knows the differences between costs, revenue, cash inflow and cash outflow and calculates on the basis of given financial facts provisions, liabilities, investments (depreciation costs and VAT included)
- calculates on the basis of given financial facts purchase value, gross profit margins, costs, operating income, financial income and expenses, pre-tax profit, taxes and net profit (EBIT, EBT, EAT)
- calculates profitability ratios, solvency ratios and liquidity ratios (return on assets, return on equity, average cost of debt, solvency ratios, debt ratio, turnover rate, interest coverage ratio, current ratio, acid test ratio, net working capital)
- can perform a break-even analysis and determines the safety margin based on given financial facts
- knows the differences between fixed and variable costs, direct and indirect costs and the cost for a homogeneous and heterogeneous production and can perform standard costing analysis based on absorption costing and overhead application rates (single and multiple makeup method)
Content
It is important to understand the basics of financial overviews and the cost structure of a company. In this course you will make simple financial calculations based on simple (not complex) financial information within the facility management context and you will learn what the relations are between these calculations and the financial overviews
Included in programme(s)
School(s)
- School of Facility Management