{"id":6399,"date":"2023-05-30T17:04:11","date_gmt":"2023-05-30T14:04:11","guid":{"rendered":"https:\/\/www.uol.ac.cy\/?post_type=courses&#038;p=6399"},"modified":"2024-10-17T14:36:00","modified_gmt":"2024-10-17T11:36:00","slug":"mb460-logistiki-chrimatooikonomiki","status":"publish","type":"courses","link":"https:\/\/www.uol.ac.cy\/el\/courses\/mb460-accounting-finance\/","title":{"rendered":"MB460 - \u039b\u03bf\u03b3\u03b9\u03c3\u03c4\u03b9\u03ba\u03ae &amp; \u03a7\u03c1\u03b7\u03bc\u03b1\u03c4\u03bf\u03bf\u03b9\u03ba\u03bf\u03bd\u03bf\u03bc\u03b9\u03ba\u03ac"},"content":{"rendered":"","protected":false},"featured_media":29612,"template":"","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"class_list":["post-6399","courses","type-courses","status-publish","has-post-thumbnail","hentry"],"acf":[],"spectra_custom_meta":{"_last_editor_used_jetpack":["classic-editor"],"_edit_lock":["1729164885:17"],"_edit_last":["17"],"c_course_main_title":["Master in Business Administration"],"_c_course_main_title":["field_6447c49f617d3"],"c_course_unit_title":["Accounting & Finance"],"_c_course_unit_title":["field_6447c246335b9"],"course_unit_code":["MB460"],"_course_unit_code":["field_63f6047058b75"],"type_of_unit":["Core"],"_type_of_unit":["field_63f6047758b76"],"level_of_course_unit":["Second cycle"],"_level_of_course_unit":["field_63f6047c58b77"],"year_of_study":["First\/second year"],"_year_of_study":["field_63f6048558b78"],"semester":["On demand"],"_semester":["field_63f6049158b79"],"number_of_ects_credits":["6"],"_number_of_ects_credits":["field_63f6049b58b7a"],"class_contact_hours":["28"],"_class_contact_hours":["field_63f604a358b7b"],"course_unit_objectives":["The objectives for this course are as follows: (1) provide a comprehensive overview of accounting principles and standards to allow students develop and improve their financial intelligence so as to understand, interpret, and use accounting info rmation to make decisions and evaluate performance as part of their job routine; (2) introduce the fundamental concepts of the theory and practice of finance paying particular attention to helping managers make value - creating corporate finance decisions a nd balance risk and return issues in an optimal way."],"_course_unit_objectives":["field_63f606bd0ec15"],"c_learning_outcomes":["The students completing the course should be able to:"],"_c_learning_outcomes":["field_63f607e69bd76"],"c_learning_outcomes_description":["<ul>\r\n \t<li>Define the goal of financial management, distinguish between various types of financial instruments and financial markets,master professional terminology of Accounting and Finance to use it for effective communication.<\/li>\r\n \t<li>Demonstrate awareness of the general principles of ethical financial reporting, interpret and use the key information contained in the financial statements and in the management accounts.<\/li>\r\n \t<li>Analyze the financial performance of an organization employing different financial analysis tools, evaluate its financial position, and describe the main limitations of accounting information and financial statements.<\/li>\r\n \t<li>Explain the process of forecasting and budgeting, employ break - even analysis, and use cost information to make sound financial decisions.<\/li>\r\n \t<li>Explain the \u2018value - oriented\u2019 principles behind strategic financial decisions and apply the investment appraisal techniques such as the net present value, internal rate of return, profitability index.<\/li>\r\n \t<li>Apply the concept of cost of capital to make corporate finance decisions and assess projects\u2019 risks.<\/li>\r\n<\/ul>"],"_c_learning_outcomes_description":["field_63f607f99bd77"],"c_mode_of_delivery":["Mode of Delivery"],"_c_mode_of_delivery":["field_6447c76184617"],"c_prerequisites":["None"],"_c_prerequisites":["field_6447c76c84618"],"c_course_content":["<ol>\r\n \t<li>Introduction to accounting and finance. Main accounting principles and standards. Sources of financial information. Corporate governance and agency problem. Role and responsibilities of external auditors and the Board of Directors<\/li>\r\n \t<li>The measurement of performance \u2013 the income statement<\/li>\r\n \t<li>The statement of financial position \u2013 the balance sheet<\/li>\r\n \t<li>The statement of cash flows<\/li>\r\n \t<li>Ratio analysis. Net Working Capital management<\/li>\r\n \t<li>Budgeting, forecasting, variance analysis, and break - even<\/li>\r\n \t<li>Strategic financial decisions: fundamental principles. Time Value of Money: computing Future Values, Present Values, DCF, using Microsoft Excel financial functions<\/li>\r\n \t<li>Capital Budgeting: computing NPV, IRR, Payback, DPB, and PI to rank investment proposals<\/li>\r\n \t<li>Capital Budgeting &amp; Cost of Capital. Risk - return relationship and risk measures in Finance. CAPM and WACC concepts<\/li>\r\n \t<li>Case Analysis Practical Workshops \u2013 financial analysis and financial planning exercises with the aim to integrate strategy, financial reporting, financial analysis, and valuation (group work)<\/li>\r\n<\/ol>"],"_c_course_content":["field_63f608209bd78"],"c_truefalse":["0"],"_c_truefalse":["field_6447c80f84619"],"c_readings_0_c_readings_1st_row":["<strong>Case studies, template Excel files, problem sets, revision exercises, sample exam papers, and other course materials are provided via Moodle.<\/strong>\r\n\r\n<strong>Case study example<\/strong>:\r\n\r\nKandinskaia, O. (2019). Zorbas Bakeries: An Option to Expand? Case Research Journal vi a Harvard Business Publishing: https:\/\/store.hbr.org\/product\/zorbas - bakeries - cyprus - an - option - to - expand\/NA0585. More case studies recently prepared by the instructor will be used throughout the course.\r\n\r\n<strong>Recommended Textbooks: <\/strong>\r\n\r\nBerman, K., Knight, J. (2013). Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean. Harvard Business Review Press.\r\n\r\nBrealey, R., Myers, S. &amp; Allen, F. (2019). Principles of Corporate Finance, International ed. McGraw - Hill Education.\r\n\r\nElliott, B., Elliott, J. (2018). Financial Accounting and Reporting, 18th edition. Pearson. Ross, S., Westerfield, R. &amp; Jordan, B. (2018). Fundamentals of Corporate Finance, 12 th ed. McGrawHill Education.\r\n<ol>\r\n \t<li><\/li>\r\n<\/ol>"],"_c_readings_0_c_readings_1st_row":["field_6447d03051789"],"c_readings_0_c_readings_2st_row":["<strong>Recommended web resources:<\/strong>\r\n<ol>\r\n \t<li>Financial Dictionary www.investopedia.com<\/li>\r\n \t<li>Understanding th e Time Value of Money https:\/\/www.investopedia.com\/articles\/03\/082703.asp#axzz2ACSiy71z<\/li>\r\n \t<li>Damodaran online: teaching, blog, data sets - pages.stern.nyu.edu\/~adamodar\/<\/li>\r\n \t<li>Cyprus Financial News www.stockwatch.com.cy , http:\/\/www.financialmirror.com\/<\/li>\r\n \t<li>KPMG web site (latest audit and tax information) www.kpmg.com\/cy\/en\/pages\/default.aspx<\/li>\r\n \t<li>Khan Academy \u2013 Time Value of Money (video) ht tps:\/\/www.khanacademy.org\/economics - finance - domain\/core - finance\/interest - tutorial\/present - value\/v\/time - value - of - money<\/li>\r\n \t<li>International Financial Reporting Standards (IFRS) website www.ifrs.org\/Pages\/default.aspx<\/li>\r\n \t<li>\u00a0Financial statements and stock research reports www.macrotrends.net\/, finance.yahoo.com<\/li>\r\n \t<li>US Securities and Exchange Commission database of annual reports https:\/\/www.sec.gov\/oiea\/Article\/edgarguide.html<\/li>\r\n \t<li>Bloomberg http:\/\/www.bloomberg.com\/<\/li>\r\n \t<li>CNN Money http:\/\/money.cnn.com\/ , particularly if you prefer financial news in the video format http:\/\/money.cnn.com\/video\/<\/li>\r\n \t<li>Financial Calculator Excel Tutorial www.tvmcalcs.com\/index.php\/calculators\/excel_tvm_functions\/excel_tvm_functions_page1 Bloomberg iPhone\/iPad free application<\/li>\r\n<\/ol>"],"_c_readings_0_c_readings_2st_row":["field_6447d0425178a"],"c_readings":["1"],"_c_readings":["field_6447d00351788"],"_seopress_redirections_type":["301"],"_seopress_redirections_logged_status":["both"],"site-sidebar-layout":["default"],"site-content-layout":["default"],"theme-transparent-header-meta":["default"],"_seopress_analysis_target_kw":[""],"_eael_post_view_count":["3120"],"classic-editor-remember":["classic-editor"],"_wp_page_template":["default"],"English_Course":["a:1:{i:0;s:7:\"English\";}"],"_English_Course":["field_664a7ab2b54a8"],"greek_course":[""],"_greek_course":["field_664afc80bfc9b"],"yesno":["1"],"_yesno":["field_6648f406b6def"],"core_en_and_gr":["Core Course"],"_core_en_and_gr":["field_664c54e2559a3"],"Course_Unit_Objectives_new":["#"],"_Course_Unit_Objectives_new":["field_664c5c2365623"],"Learning_Outcomes_select":["Learning Outcomes"],"_Learning_Outcomes_select":["field_63f607e69bd76"],"Select_mode_of_delivery_language":["Face to Face"],"_Select_mode_of_delivery_language":["field_66546dc27e3f7"],"select_from_Prerequisites_language":["Prerequisites"],"_select_from_Prerequisites_language":["field_6447c76c84618"],"Prerequisites":["None"],"_Prerequisites":["field_664a8078df416"],"Course_Content":["Course Content"],"_Course_Content":["field_664892bc7a322"],"add_course_content":[""],"_add_course_content":["field_664a842c9b2b8"],"Features":["Course Features"],"_Features":["field_664a88b548af2"],"add_course_feautres":["<strong>Planned learning activities and teaching methods<\/strong>\r\nLive lectures, pre - reading, pre - recorded video lectures, in - class discussions and debates, in - class exercises, problem sets, Excel spreadsheet calculations, teamwork, practical case workshops, student presentations, online activities on Moodle (online quizzes, discussion forums, surveys, etc.)\r\n\r\nA laptop equipped with Microsoft Excel is required for each class, per each student. We will be using Excel spreadsheets for financial calculations. The exam will also include financial calculations via Excel. 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