Degree | Type | Year |
---|---|---|
2501572 Business Administration and Management | OT | 4 |
2501573 Economics | OT | 3 |
2501573 Economics | OT | 4 |
You can view this information at the end of this document.
This course is part of the Accounting field. To make the most of the Economic and Financial Planning subject it is advisable to have acquired previously the knowledge of the Introduction to Accounting and Analysis and Evaluation of Acconting Statements (ADE) or Financial Statements Analysis (ECO) and it is recommended to have studied Cost Accounting (ADE).
This course is a continuation of the financial accounting and cost accounting related subjects. It falls within the area of economic analysis and it is dedicated to economic amd financial planning process; the break even analysis and the simulation-based optimization plans; to economic viability and financial adjustments and, also, to analise the differences between actual and economic budget. Therefore, the aim of this subject is to introduce student in economic and financial planning process and its usefulness for business management.
1. THE INTEGRATED BUDGET SYSTEM
1.1. Introduction to economic and financial planning.
1.2. Types of plans.
1.3. Economic and financial planning process.
1.4. The annual operational plan.
1.5. Budgetary and control techniques
2. ACTIVITY AND COST FORECASTS
2.1. The budgeting process.
2.2. Revenue and cost forecasts.
2.3. Determination of the cost of the product or service.
2.4. The forecast of "discretionary" costs.
2.5. The profit and loss budget (analytical income statement).
3. THE ANALYSIS OF THE BREAK-EVEN POINT AND THE SIMULATION OF RESULTS IN ECONOMIC PLANNING
3.1. Break-even analysis model (PE)
3.2. Break-even analysis in the multiproduct company.
3.3. From the break-even analysis to the simulation of results.
4. FINANCIAL PLANNING
4.1. The relationship between economic forecasts and financial forecasts.
4.2. The treasury budget and the expected cash flow statement.
4.3. The financial equilibrium of forecasting.
4.4. Adjustment of forecasts to achieve financial equilibrium.
5. PROFIT VARIANCES ANALYSIS
5.1. Analysis techniques.
5.2. Budget variances: global analysis and analysis by articles
5.4. Performance evaluation.
Title | Hours | ECTS | Learning Outcomes |
---|---|---|---|
Type: Directed | |||
Class sessions (practice) | 17 | 0.68 | 2, 3, 6, 8, 7 |
Class sessions (theory) | 32.5 | 1.3 | 4, 3, 5 |
Type: Supervised | |||
Supervision and monotoring | 7 | 0.28 | 6 |
Type: Autonomous | |||
Personal study | 90 | 3.6 | 4, 2, 3, 6, 8, 7 |
Theoretical classes:
The contents of the course will be taught by the teacher in the form of lectures, based in the indicated book in the bibliography. If necessary, additional material used for the presentation of topics will be available to students in the Virtual Campus, prior to the start of each of them. The purpose of making available this material is to allow students to follow more comfortably the sessions.
Practical classes:
Will be combined with the theory, without any scheduled sessions in this case. These classes will be devoted to the exercise resolution and case review, whose statements will be available to students in the Virtual Campus in advance. Some of them will be done in the computer rooms.
Tutorship:
Individual tutoring will be done for students that demand it. The purpose of these sessions is to answer questions, comment or review concepts and exercises. They correspond to the student to take the initiative to raise issues for discussion. The tutoring sessions are in person and will not be done by email.
Annotation: Within the schedule set by the centre or degree programme, 15 minutes of one class will be reserved for students to evaluate their lecturers and their courses or modules through questionnaires.
Title | Weighting | Hours | ECTS | Learning Outcomes |
---|---|---|---|---|
Final work | 20% | 0 | 0 | 3, 6, 8, 7 |
Mid-term examns (two exams) | 35% each one | 3.5 | 0.14 | 4, 2, 3, 5, 6, 8 |
Participation, exercises and monitoring | 10% | 0 | 0 | 4, 1, 2, 3, 5, 6, 8, 7 |
1. Continuous evaluation
Student evaluation will be done continuously from the following evidence:
A student who has participated in two of the past evaluation activities is considered part of the continuous assessment. Thus, a student will be considered as “NO AVALUABLE” when only participated in an evaluation activity. Non-participation in any of these activities will be graded with a zero in the concerned activity, with effects in the final grade, unless the student documentary justifies the causes which have prevented participate in that activity.
2. Comprehensive evaluation (Art. 265 of the Normativa Acadèmica de la UAB)
The comprehensive evaluation must be requested atthe Academic Management (Gestió acadèmica) of the Campus where the degree/master's degree is taught. The request must be filed according to the procedure and the deadline established by the administrative calendar of the Faculty of Economics and Business.
Attendance :
Evidence Type |
Weight in the final assessment (%) |
Duration of the activity |
Is the activity that corresponds to this evaluation evidence to be carried out in person on the date scheduled for the comprehensive evaluation? |
Exam |
100% |
3 hours |
YES
|
Calendar of evaluation activities
The date of the two midterm exams are scheduled in the assessment calendar of the Facultat d'Economia i Empresa: first exam, March 28, 2025 ans second exam, June 10, 2025. The dates of the evaluation activities (exercises in the classroom, assignments, ...) will be announced well in advance during the semester.
"The dates of evaluation activities cannot be modified, unless there is an exceptional and duly justified reason why an evaluation activity cannot be carried out. In this case, the degree coordinator will contact both the teaching staff and the affected student, and a new date will be scheduled within the same academic period to make up for the missed evaluation activity." (Section 1 of Article 264 of the Normativa Acadèmica de la UAB). Students of the Faculty of Economics and Business, who in accordance with the previous paragraph need to change an evaluation activity date must process the request by filling out an Application for exams' reschedule https://eformularis.uab.cat/group/deganat_feie/application-for-exams-reschedule
Grade revision process
After all grading activities have ended, students will be informed of the date and way in which the course gradeswill be published. Students will be also be informed of the procedure, place, date and time of grade revision following Universityregulations. The review of the final qualification for comprehensive evaluation will follow the same procedure as for the continuous evaluation.
Retake Process
"2. To be eligible toparticipate in the retake process, it is requiredfor students to have been previously been evaluated for at least two thirdsof the total evaluation activities of the subject. 3. To participate in the retake process, the teacher responsible for the subject may require having obtained a minimum grade in the average of the subject. Under no circumstances may this grade exceed3.5" (Sections 2 and 3 of Article 261 of the Normativa Acadèmica de la UAB).
For the retake procedure, no distinction is made between students who have followed the continuous evaluation and those who have opted for the comprehensive evaluation. All will be re-assessed using the same test or evaluation evidence.
Irregularities in evaluation activities
In spite of other disciplinary measures deemed appropriate, and in accordance with current academic regulations, "in the case that the student makes any irregularity that could lead to a significant variation in the grade of an evaluation activity, it willbe graded with a 0, regardless of the disciplinary process that can be instructed. In case of various irregularities occur in the evaluation of the same subject, the final grade of this subject will be 0". (Section 10 of Article 266. Results of the Normativa Acadèmica de la UAB).
Basic:
Addictionally articles from:
Estrategia Financiera
Harvard Deusto Business Review
Partida Doble
Revista de Contabilidad y Dirección
Técnica Contable y Financiera
Complementary:
Bhirmani, A.; Datar, S.M.; Hongren, C.T.; i Rajan, M.V. (2019), Management and Cost Accounting. Pearson Education, 7ena edició. En especial, segona i tercera part. Available online at the Servei de Biblioteques de la UAB.
The exercises will be solved by Excel
Name | Group | Language | Semester | Turn |
---|---|---|---|---|
(PAUL) Classroom practices | 51 | Catalan | second semester | afternoon |
(PLAB) Practical laboratories | 51 | Catalan | second semester | afternoon |
(TE) Theory | 51 | Catalan | second semester | afternoon |