Financial Analysis and Мanagerial Аccounting For Business Decision Making

This course has the main goal of students identifying the need for financial analysis and how to implement it in a business decision-making, to understand the content of financial reports and to interpret them meaningfully, to understand the need from managerial accounting for making smart decisions, and the need of managerial accounting as an information system.

The frame for financial reports analysis will be studies in this course. Besides, different coefficients and their meanings for financial analysis will be treated, evaluation of performances, relevant costs for business decision-making, as well as costs and price policy in perfect competition. A special attention will be placed on budgeting and control accounting, implementing investment decisions and strategic managerial accounting.

Mandatory Literature:

  1. Helferrt, Eric A.: Financial analysis. Tools and techniques. A guide for managers. 2001 , p.510.
  2. Марковски, Слободан и Недев, Блажо: Сметководство на менаџментот. Скопје, 2003, с.694+
  3. Ларсон, Кермит Д. ; Вајлд, Џон Џ. ; Кјапета, Барбара: Фундаментални сметководствени принципи. 16 издание (2002), Скопје.
  4. Malešević, Đoko i Starčević, Vitomir B.: Poslovna analiza. Bjelina, 2010, s.486.
  5. Хорнгрин, Чарлс Т.; Сандем, Гари Л.; Елиот, Џон А.: Вовед во финансиско сметководство. Осмо издание. Скопје, с.1126+. (превод)

Additional literature: 

  1. Brammertz, W.; Akizidis, I. ; W. Breymann, Entin, R. and Rűstmann, M.: Unified Financial Analysis. 2009, p.462.
  2. Fabozzi, Frank J.; Peterson, Pamela P.: Financial Management and Analysis. 2003, p.1022.
  3. Теmte, Andrew C., Editor: Financial Statement Analysis Course. 2004, p.712.
  4. Friedlob, George T. & Schleifer, Lydia L.F.: Essentials of Financial Analysis. 2003, p.241.
  5. Erich Helfert: Financial analysis: Tools and techniques, 2001.
  6. Русевски, Трајко А.: Сметководство за менеџери. Скопје,2008, с.210.
  7. Стевановиħ, Никола; Малиниħ, Дејан и Милиħевиħ, Владе: Управљачко рачуноводство. Београд,2008, с.632.
  8. Malinić, Dejan i Milićević, Vlade: Uptavljačko računovodstvo. Zbirka zadataka. Beograd,2008, s.206.
  9. Kaličanin, Đorđe: Menadžment vrednosti preduzeća. 2006, s.404.
  10. Pešalj, Biljana: Merenje performansi preduzeća. 2006, s.216.
  11. Fabozzi, Frank J.; Peterson, Pamela P. and Habegger, Wendy: Financial Management and Analysis Workbook, 2004, p.447.
  12. White, Gerarld; Sondhi, Ashinapul; Fried, Dov: Анализа на финансиските извештаи, 1997.