General Accounting and Finance for Management
| Subject | General Accounting and Finance for Management |
| Semester | 6th semester (spring) |
| Type | compulsory (elective module: Applied Economics) |
| ECTS | 9 ECTS |
| Study programme: | Economics / 1st Bologna cycle |
| Primary language: | Slovene |
The course is delivered in Slovenian and is a compulsory course in accordance with the officially approved curriculum of the undergraduate study programme in Business Studies. In the course, the student becomes acquainted with the complex concepts of management accounting, of the business functions of the company (procurement, production, sales, etc.), of planning, and of the financial and tax optimisation of the company from both a theoretical and a practical standpoint.
Prerequisites
Students must understand the basic concepts of business operations and of the management of organisations as covered by secondary-school curricula. The course requires the use of basic mathematical techniques.
Content (Syllabus outline) 1. The characteristics of other accounting information for the needs of internal users (Accounting information for decision-making in the individual business functions – for decisions on employees, technical decisions, purchasing decisions, production decisions, sales decisions, financial decisions; Accounting information for the purposes of supervising operations by responsibility centre)
2. The characteristics of planning and the preparation of accounting and business reports and business plans
3. The characteristics of financial and tax optimisation (VAT, personal income tax, corporate income tax, international taxation, etc.)
Objectives and competences
To present to students the importance of accounting for decision-making (for management); To present to students more complex examples of bookkeeping entries; To present to students the information used for decision-making in the individual business functions; To present to students the information used for business planning; To present to students the information used for financial and tax optimisation.
Intended learning outcomes
Competences Understanding of accounting and financial reports for the decision-making of the users of these reports; Understanding of the information used in the individual business functions (procurement, production, sales, etc.) Acquisition of knowledge as a suitable basis for business planning Acquisition of knowledge as a suitable basis for financial and tax optimisation The ability to analyse and synthesise The ability to argue professionally and to make decisions Learning outcomes To acquire knowledge for use in practice in business decisions based on accounting information for top and middle management in a company.
Learning and teaching methods
Forms of work
- Frontal teaching
- Discussion of case studies
- Group work
- Individual work on cases
- explanation
- conversation/debate
- case study
Assessment consists of three elements: 1) a seminar paper; 2) ongoing work; 3) an examination. To pass, at least 50% of all points must be obtained.
Readings- Robnik, Lidija. 2020. Računovodstvo – elektronski učbenik. Ljubljana: Fakulteta za management in pravo Ljubljana.
- Slovenski računovodski standardi. 2024. Ljubljana: Slovenski inštitut za revizijo. https://pisrs.si/pregledPredpisa?id=DRUG5283
- I. Turk, S. Kavčič, M. Kokotec – Novak: S. Koželj, M. Odar: Finančno računovodstvo, splošni del, Slovenski inštitut za revizijo, Ljubljana 2004
- I. Turk, S. Kavčič, M. Kokotec – Novak: Poslovodno računovodstvo – dopolnjena izdaja, Slovenski inštitut za revizijo, Ljubljana 2003
- Slovenski poslovnofinančni standardi. Ljubljana.
- Aktualni članki s področja poslovnih financ.
- Keown, A.J., Martin, J.D, Petty, J.W., Scott, D.F. 2005. Financial management.
- after lectures
- by arrangement
