Course aims:

- Knowledge of economic and financial phenomena specific to the activity of companies, results and associated risks - Acquiring the main indicators for analyzing the economic-financial activity - Identifying internal reserves and the possibilities of their involvement in the economy of companies
- Formation of practical skills for analysis and interpretation of forms of manifestation of economic phenomena based on economic and financial indicators
- Training the capacity for analysis and efficient management of resources

Course Entry Requirements:

MICROECONOMICS, BASIS OF ACCOUNTING

Course contents:

Ch.1 Object, content and methods of the Economic-Financial Analysis; Ch.2 The analysis of Turnover (Sales) revenue; Ch.3 Analysis of Value-added; Ch. 4. Analysis of Labour force, Ch. 5 Fixed Assets Management Analysis; Ch. 6 Material Resources Analysis; Ch. 7 Expenditure Analysis; Ch. 8 Profitability Analysis; Ch. 9 Balance Sheet Analysis.

Teaching methods:

Lecturing, Demonstrating, Calculus, Collaborating (i.e. Classroom discussion, Debriefing, Classroom Action Research).

Learning outcomes:

- Application of basic principles and methods for solving problems, well-defined situations, typical of the field in the conditions of qualified assistance;
- Appropriate use of standard evaluation criteria and methods to assess the quality, merits and limitations of processes, programs, projects, concepts, methods and theories.

Learning outcomes verification and assessment criteria:

Written test examination– 80%; Verification during semester – 20%.

Recommended reading:

Achim, M.V, Financial economic-analysis. Exercises and practical studies, Risoprint, Cluj-Napoca, 2017, book.
Burja, C., Financial economic-analysis. Methodological aspects and practical applications, Casa Cărții de Știință, Cluj-Napoca, 2009, book.
Dave, E. Vance, Financial analysis and decision making, McGraw-Hill, New York, 2003, book.