Personen | Personen nieuwe site | Google | Route | Contact Login 
Course details 2012-2013  
    
Financial management and legal aspects
Course Code :2003FBDOOD
Study domain:Business sciences
Semester:Semester: 2nd semester
Sequentiality:
Contact hours:45
Credits:6
Study load (hours):168
Contract restrictions: No contract restriction
Language of instruction :Dutch
Exam period:exam in the 2nd semester
Lecturer(s)Eddy Laveren
Vincent Molly

 


1. Prerequisites

At the start of this course the student should have acquired the following competences:
Specific prerequisites for this course:
-  Basic knowledge management; 
-  Be able to work with a calculator and MS Excel.




2. Learning outcomes

-  The students should have gain insight into the various concepts, methods and instruments used with respect to financial management of a company;

-  The students should have gain insight into the financial and juridical knowledge necessary for starting and managing a business:

-  The students should be able to apply this knowledge and insight in solving several problems and challenges related to the management of a company.




3. Course contents

The course is divided in two parts: financial management of SMEs and juridical aspects of corporate policy.
 
Partim 1:  Financial management of SMEs
 
After an introduction on the financial aspects applicable to starting a business, attention is given to the technique of bookkeeping and the content of the financial accounts. In a next step, we elaborate further on the way in which this information can be used for taking financial decisions. The following subjects will be discussed:

-         analysis of the financial accounts (static and dynamic analysis);
-         cost price calculation and break-even analysis;
-         work out financial forecasts and draw up financial plans;

-         assessment and selection of investment projects;
-         demand and supply side of SME financing;
-         venture capital, business angels and mezzanine financing;
-         working capital management.
 
Partim 2: Juridical aspects of corporate policy
 
After a general introduction on the juridical basic concepts of corporate policy, attention is given to the most important aspects of commercial law, corporate law and fiscal law. The following subjects will be discussed:

- overview of the pros and cons of several legal forms of an organization;

- introduction to the trade practices act;
- introduction to contract law;
- introduction to corporate tax and VAT.
 
The classes will be organized in an interactive way. Exercises and case studies should lead to an increase of the students’ capacity to apply the knowledge (concepts and techniques) in a real life context. The students need to work out and present a number of group tasks.




4. Teaching method

Class contact teaching:
  • Lectures
  • Practice sessions

  • Personal work:
  • Assignments:In group



  • 5. Assessment method and criteria

    Examination:
  • Written without oral presentation
  • Closed book
  • Open book

  • Written assignment:
  • Without oral presentation


  • 6. Study material

    Required reading

    Eddy Laveren, Peter-Jan Engelen, Arthur Limère & Sigrid Vandemaele (2009), Handboek Financieel Beheer, Intersentia, Antwerpen, derde druk.

     

    Syllabus of professor



    Optional reading

    The following study material can be studied on a voluntary basis:
    The lectures are taught using powerpoint. It is adviced that the students read the text of the book chapter that will be discussed before they come to the lecture.


    7. Contact information
    Eddy Laveren (professor): Room B-320, Tel: 03/220.40.86, e-mail: eddy.laveren@ua.ac.be
    David Helleboogh (assistant): Room B-318, Tel: 03/220.41.79, e-mail:
    david.helleboogh@ua.ac.be


    (+)last update: 13/06/2011 17:47 eddy.laveren