- •Basic principles and content of corporate finance their functions
- •The financial structure of the company. Objectives of financial services corporations.
- •3. The concept of time value of money. Real and future cost of capital.
- •The concept of fixed capital, its structure and role in the organization of the finance corporation.
- •6. Depreciation and its role in the renewal of fixed capital. Depreciation methods.
- •7. Performance indicators of fixed assets.
- •8. The economic content and classification of working capital.
- •10. Sources of working capital. Net working capital.
- •1. Funds from Business Operations:
- •2. Sales of Non-Current Assets:
- •3. Long-Term Borrowing:
- •4. Issue of Additional Equity Capital:
- •11. Cost-effectiveness of working capital using and ways to improve.
- •13. Indicators of costs and reserves ways to reduce them. Planning costs of production and sales.
- •Internal production factors:
- •14. Control over the cost of production and sales. Budgeting.
- •15. Classification and function of income. The total (gross), corporate income, its composition and structure.
- •16. Income from financial and investment activities of the company (different)
- •17. The threshold of profitability (порог рентабельности) and financial margin of safety (финансовый запас прочности).
- •18. Shareholders' equity corporations, its composition and structure.
- •19. Authorized capital. Extra capital. Withdrawn capital.
- •20. Financial assets of the corporation. Undistributed net income (loss). Финансовыеактивыкорпорации. Нераспределенныйчистыйдоход (убыток).
- •21. Types of long-term debt financing.
- •22. Short-term and medium-term financing. Banking and commercial credit. Краткосрочное и среднесрочное финансирование. Банковскийикоммерческийкредит.
- •23. Concept of price and capital structure. Methods of assessing the cost of capital. Понятие цены и структуры капитала. Методы оценки стоимости капитала.
- •24. Leverage capital. Interconnection costs and capital structure of the company.
- •25. Methods of financial analysis. The financial strategy of the corporation.
- •26. Forms of bankruptcy: the settlement agreement, reorganization, liquidation.
- •27. Forms and procedure of reorganization procedures: observation, rehabilitation, reorganization, acquisition, merger.
- •27. Forms and procedure of reorganization procedures: observation, rehabilitation, reorganization, acquisition, merger.
- •28. Financial recovery and crisis management strategy of financial corporations.
- •29. Basic methods of financial planning. Strategic, operational, and the current financial plan.
- •30. System and structure of the financial plan. The procedure for preparation, review and approval of the financial plan.
- •The essence and function of Finance
- •2. The financial system of Kazakhstan.
- •3. Financial policy and financial framework, the socio-economic processes.
- •4. Financial planning and forecasting
- •5. Key areas for improvement of fin planning
- •6. Essence and value of financial control
- •7. Audit control and its features
- •8. Finance of economic entity
- •9. Finance of economic commercial entities (different: Social Insurance)
- •10. Finance non-profit organizations and agencies.
- •11. Socio-economic substance of the state budget. Budget oriented to the result.
- •12. The composition and structure of revenues and expenditures of state budget.
- •The budget deficit and its methods of covering.
- •The budget process.
- •Socio-economic substance of the local budget.
- •16. Local budgets Revenues and Expenditures (different: property and personal insurance)
- •Interbudgetary relations and their regulation
- •The special economic zones finances
- •20. Household finances.
- •21. The economic essence of insurance and its scope.
- •24. The essence of state credit.
- •25. The essence and the types of public debt.
- •26. Characteristics of international economy relations. Basic segments of international economy relations.
- •27. Accumulation and spending foreign exchange reserves.
- •28. Public financial management of the economy. (Государственное финансовое регулирование экономики)
- •29. Financial markets. (Финансовый рынок)
- •30. Finance and inflation. (Финансы и инфляция)
- •1. Essence of bank system, its structure and elements
- •2. The National Bank of rk: the purposes, tasks, functions and powers
- •3. The main functions of commercial banks. Principles of commercial bank
- •4. Essence and features of formation of banking resources
- •5. Ways of formation of the bank capital. Sources of bank’s capitalization.
- •6. Own capital of commercial bank, its elements and the basic functions.
- •7. Adequacy of the banking capital. Prudential standards of adequacy of the banking capital.
- •8. The Basel agreement and organization principles of prudential regulations of banking activity
- •Essence prudential regulation and supervision. System of prudential standards in rк
- •10. Essence of depositary operations. Classification of deposits. Savings and depositary certificates
- •12. The interbank market of credit resources. The mechanism of transaction on interbank market.
- •13. Quality of assets. Criteria of assets qualification on quality.
- •14. Essence of active operations of banks: their content and structure.
- •15. Objects of crediting and subjects of crediting. Principles of bank crediting.
- •Объекты кредитования и субъекты кредитных отношений. Принципы банковского кредитования.
- •Classification of bank's credit
- •17. Credit process. Stages of credit process
- •18. Quality of credits. Classification of a credit portfolio on quality
- •19. Forms of credit collateral
- •20. Essence of creditworthiness of the borrower. The basic methods of an assessment of credit status of the borrower.
- •21. Credit history of the borrower. Credit bureau: world experience, practice in Kazakhstan
- •22. Bank Liquidity Management. Liquidity Ratios.
- •23. Basic elements of bank marketing. Segmentation of the bank market.
- •24. Bank risks, their classification and the main methods of management.
- •25. Essence of bank regulation: its kinds and methods.
- •26. Essence, subjects and objects of banking supervision. A supervising cycle.
- •1) Taxes as an economic category. Tax options.
- •2. Fundamentals of Taxes. The classical principles of Taxation of Adam Smith.
- •Classification of Taxes on Various grounds.
- •A principles of taxation of a. Wagner
- •Types of tax rates and features of their construction. The methods of tax collection
- •6. Stages of development of Kazakhstan tax system.
- •7.Characteristics of current state of Kazakhstan tax system. Principles of Taxation on the Tax Code of the rk.
- •Tax policy: objectives (or purposes), main types.
- •Directions of tax policy rк at the current stage.
- •The tax mechanism and its structure.
- •12. The economic content of property taxes.
- •14. Individual taxation in the Republic of Kazakhstan (different)
- •15. Property tax of legal entities in the Republic of Kazakhstan (different)
- •16. Land tax in Kazakhstan: the mechanism of calculation and collection (different)
- •Unified land tax (mechanism of calculations and collection)
- •18.Tax on gambling and fixed tax: the basics of building a mechanism for calculation and collection.
- •19. The economic essence of the value added tax. Advantages and disadvantages of vat.
- •Vat: the basics of building a mechanism for calculation and collection.
- •21. The economic content and order of excise taxation in Kazakhstan.
- •Corporate income tax: classification, characteristic bases of construction and mechanism for collection.
- •Investment tax preferences.
- •24. Classification characteristics of individual income tax. System of personal income taxation.
- •25. Fundamentals of building and collection of personal income tax in kz
- •26. Social tax: mechanism of calculation and collection. Social contributions to Social Insurance Fund of rk.
- •27. Special tax regimes in Kazakhstan: patent, simplified declaration (basic and application criteria) (different)
- •28. Special tax regimes in Kazakhstan for peasant farmers, for legal entities - producers of agricultural products.
- •29. Taxes and special payments of subsurface users (types and application mechanism).
- •30. The forms of tax control
- •Installment Payments
- •Interest and Penalties
- •1. The essence of financial management / Financial management: the concept, goals, objectives and principles of the organization.
- •4. The concept of cash flow
- •5. The concept of time value of money
- •6. Financial asset’s profitability evaluation model
- •8. The financial leverage. The Effect of financial leverage.
- •9. The theory of capital structure by Modigliani-Miller
- •11. The Weighted Average Cost of Capital. Capm (different)
- •12) Methods of evaluation and investment project selection
- •13) Conditions of company’s profit maximization.
- •14) Role of the operational analysis in formation of financial results of the enterprise activity.
- •15) Current cost management of the company. Cvp analysis
- •16. Company’s economic and financial activities analysis.
- •17. Company’s investment policy.
- •In its investment policy, the company may choose different types of it:
- •18. The analysis and assestmnt of investment decision in conditions of the market.
- •19. Leasing as the form of long term financing (different)
- •21. The efficiency of working capital management in enterprise.
- •23. Company’s cash and marketable securities management (different)
- •Basic of Accounts receivable management in the enterprise
- •Inventory management of the company: objectives and methods.
- •Corporate re-structuring of the company.
- •Leverage-buy-out of the company (lbo).
- •30. The organizational structure of financial management in the company / objectives and main stages of mergers and acquisitions.
CORPORATE FINANCE
Basic principles and content of corporate finance their functions
Corporate finance is the area of finance dealing with the sources of funding and the capital structure of corporations and the actions that managers take to increase the value of the firm to the shareholders, as well as the tools and analysis used to allocate financial resources.
The primary goal of corporate finance is to maximize or increase shareholder value. Although it is in principle different from managerial finance which studies the financial management of all firms, rather than corporations alone, the main concepts in the study of corporate finance are applicable to the financial problems of all kinds of firms.
Functions of Corporate Finance :
1. Acquisition of Resources : Acquisition of resource indicates fund generation at the lowest possible cost. Resource generation is possible through:
(a) Equity : This includes proceeds received from retained earnings, stock selling, and investment returns.
(b) Liability : This includes warranties of products, bank loans, and payable account.
2. Allocation of Resources : Allocation of resources is nothing but investment of funds for profit maximization. Investment can be categorized into 2 groups:
(a) Fixed Assets – Buildings, Land, Machinery etc.
(b) Current Assets – cash, receivable accounts, inventory, etc. Broad Functions of Corporate
Principles of Corporate Finance :
The broad principles of corporate finance are:
1.Investment Decision : The firm has limited resources that must be allocated among challenging uses.
2.Financing Decision : Another important area where financial management plays an important role is in deciding when, where, from and how to acquire funds to meet the firm’s investment needs.
3.Dividend Decision : Dividend decisions is the third major financial decision The share price of a firm is a function of the cash flows associated with the share.
4.Liquidity Decision : A firm must be able to fulfill its financial commitments at all points of time. In order to ensure this the firm should maintain sufficient amount of liquid assets.
The financial structure of the company. Objectives of financial services corporations.
The specific mixture of long–term debt and equity that a company uses to finance its operations. This financial structure is a mixture that directly affects the risk and value of the business. The main concern for the financial manager of the company is deciding how much money should be borrowed and the best mixture of debt and equity to obtain. The financial manager also has to find the least expensive sources of funds for the company to use.
Financial structure is divided into the amount of the company's cash flow that goes to creditors and the amount that goes to shareholders. Each business will have a different mixture depending on its needs and expenses. Therefore, each company will have its own particular debt-equity ratio. For example, a company could issue bonds and use the proceeds to buy stock or it could issue stock and use the proceeds to pay its debt.