Financial and Performance Management (5cr)

Evaluation scale

H-5

Objective

The first objective is to provide capabilities to produce, analyze, interpret and communicate financial information to different stakeholders, especially to management and investors in an international context.
The role of financial management is the securing of the necessary finance, and ensuring that capital is available when needed, and balancing the desire to minimize the ´cost of capital´ while at the same time minimizing the risk of insolvency or loss of credit status. The second objective is to study some of the most common techniques that are used in financial management .
The third objective is to provide capabilities in developing performance measurement systems. Performance management is used in the evaluation of strategy implementation

Content

The national and international financial accounting regulations and standards.
Analysis and interpretation of financial reports.
Sources of finance, financial planning, determinants of valuation, capital structure, working capital management, international financial management.
Role of management control. Financial and non-financial information for performance measurement and decision making.

Location and time

Wed 31 Aug 2022 at 9:00 - 11:30 Note! Only online!
Wed 5 Oct 2022 at 17:30 - 20:30 Online
Wed 12 Oct 2022 at 17:30 - 20:30 Online
Wed 19 Oct 2022 at 17:30 - 20:30 Online
Wed 2 Nov 2022 at 17:30 - 20:30 Online

Teaching methods

Student is able to interpret, analyse and communicate financial information and will understand the link between strategic planning, activity planning and the use of budgets in organisational performance management. Student will acquire knowledge about designing a value chain model for a given organisation or a business process, and identify critical success factors with lean-philosophy methods.

Assessment criteria, satisfactory (1)

0. The student did not submit the course assignments or these assignments did not meet the minimal quality requirements presented in the class.
1 – 2. The student is able to analyze and interpret financial reports.
The student is able to explain the key sources of finance, and the importance and role of financial planning, determinants of valuation, capital structure, working capital management, and international financial management.
The student is able to describe and explain the role of management control. The student is able to apply the methods of financial and non-financial information for performance measurement and decision making.

Assessment criteria, good (3)

3 – 4. The student is able to critically analyze and interpret financial reports.
The student is able to justify the sources of finance in a company, and the importance and role of financial planning, determinants of valuation, capital structure, working capital management, international financial management.
The student is able to analyze management control systems of a company. The student is able to develop financial and non-financial measures to assist management in decision making.

Assessment criteria, excellent (5)

5. The student is able to critically analyze and interpret financial reports and to suggest solutions how to improve the performance of the company.
Student is able apply methods of financial management in managerial decisions.
The student is able to develop management control in a company and to create a system for performance measurement to assist decision making in a company.