Finance: Teaching manual for students of economic speciality

53 Pages·2016·0.548 MB·Russian

by  Айешева Г. А.

Западно-Казахстанский аграрно-технический
университет имени Жангир хана

Кафедра «Учет и финансы»

FINANCE
Teaching manual for students
of economic speciality

Уральск 2016
ББК 65.26
А 36

Айешева Г.А. канд. экон. наук, доцент

Рецензенты:
Ержанова Ж.К., канд. экон. наук, доцент
Искакова Ш.Г., старший преподаватель

FINANCE
Teaching manual for students
of economic speciality

Обсуждено на заседании кафедры «Учет и финансы», 15 апреля 2016
г., протокол № 9

Рекомендовано учебно-методическим бюро факультета экономики и
бизнеса 25 апреля 2016 г., протокол № 9

Одобрено УМС университета ___ мая 2016 г., протокол № __

В методическом руководстве для студентов экономических
специальностей раскрыты сущность и особенности категории
«финансы», проблемы финансовой системы, финансового механизма,
страхования, инфляции и т.п. Методическое руководство содержит
практические задания, методические рекомендации для их выполнения,
глоссарий основных терминов и предназначено для студентов
экономических специальностей.

Западно-Казахстанский аграрно-технический университет имени
Жангир хана, 2016
2
Table of contents

Introduction 4

1. Plan of practical classes 5

2. Methodical recommendations for practical classes 16

3. Independent work plan 24

4. Glossary 27

5. Recommended financial and economic sources 51

Recommended literature 52

3
Introduction

The necessity of the edition of the teaching manual in English is caused
by the occurrence of English speaking groups in high schools of Kazakhstan and
expansion of application of the language in business practice, scientific
environment between the countries communications.
Finance in the teaching manual is submitted both from theoretical
positions and in a practical embodiment through the financial mechanism. The
theoretical representation of finance is stated as reproductive economic category
serving processes of extended reproduction by providing it with financial
resources. The classification approaches have been adduced to components of
the financial system.
The reduced script selects an additional material of the lectures course
explaining the basic rules, typed by larger script. The italics selects the basic
formulations, terms, classifications and other parameters necessary for studying.
At the given gradation of the text its use is convenient for teaching of bachelors
and masters.
The course «Finance» in economic high schools and especially financial-
credit direction is introduction, anticipating study of the subsequent disciplines
as: «State Budget», «Taxes and Taxation», «Corporate Finance», «Financial
Management», «Financial Control and Audit» and others, high schools, included
in curricula. It has predetermined structure of discipline, which contains not only
statement of general laws of action of finance as a whole, but also basis
subordinated of functional and objects of subsystems, transformed in the named
disciplines.

4
1. Plan of practical classes

Module 1. Finance and bases of management of them

Practical class 1.

Theme: «Concept and attributes of finance»

1.The written assignment: Exercises on finance.
2. The presentation: «Results of written assignment: Exercises on
finance»

The presentation:
Questions:
1.Concept of finance
2. Measurement of volumes of national production
3. Specific attributes of finance.

Create a glossary on the topic: «Concept and attributes of finance».
Characterise content of these definitions.

Practical class 2.

Theme: «Concept and attributes of finance»

The oral presentation:
Questions:
1.Concept of finance
2. Measurement of volumes of national production
3. Specific attributes of finance.
4. Current status and problems of the financial system of Kazakhstan

Practical class 1.

Theme: «Nature and functions of finance»

The presentation:
Questions:
1. Necessity and nature of finance
2. Functions of finance

5
The presentation: Results of the review of financial news: "Current
status and problems of the banking system of Kazakhstan".

Practical class 2.

Theme: «Nature and functions of finance»

Create the glossary on the topics №1, 2.
Characterise content of these definitions.

Practical class 1.

Theme: «Financial system»

The presentation:
Questions:
1. Financial resources and funds as object of financial relations
2. Concept about financial system

The presentation of the glossary on the topic №3.
Characterise content of these definitions.

Practical class 2.

Theme: «Financial system»

Crosswords on finance.

Horizontally:
3. The activity embracing all forms of the purchase and sale of goods and services
6. Taxes can be either direct or [ … ]
10. The person who works in the sphere of economy
12. The projection of money allocation to various costs and expenses needed to run or
operate the business (type of budget)
13. Providing funds for business activities, making purchases or investing
15. The act of preparing a budget
17. An agreement between a buyer and a seller to exchange goods, services or
financial instruments
19. A planning tool that helps management in its attempts to cope with the uncertainty
of the future, relying mainly on data from the past and present and analysis of trends
25. A financial statement that summarizes a companys assets, liabilities and
shareholders equity at a specific point in time

6
7
Vertically:
1. A system of compulsory contributions levied by a government on persons (people),
businesses, and property used as a source for government expenses and other public services
2. Type of insurance that provides protection against risks to property, such as fire,
theft or weather damage
4. An outflow of cash from budget
5. A person who buys a product directly from the producer, and then either sells the
product at retail prices to the public, or sells the product at wholesale prices to a distributor
7. A person who makes excessive profits, esp by charging exorbitant prices for goods
in short supply
8. Process of setting objectives, assessing assets and resources, estimating future
financial needs, and making plans to achieve monetary goals
9. Розница
11. A sustained increase in the general price level of goods and services in an
economy over a period of time
14. A monetary asset purchased with the idea that the asset will provide income in the
future or appreciate and be sold at a higher price
16. Financial [.. . ] is the efficient and effective management of money (funds) in such
a manner as to accomplish the objectives of the organization
18. Потребление
20. Person, company or other institution that owns at least one share of a company’s
stock
21. The total amount of tax that an entity is legally obligated to pay to an authority as
the result of the occurrence of a taxable event
22. The insuring of risk by one insurance company with another
23. The person to whom an insurance policy is issued
24. A reasoning or emotional processes that resulting in the selection of a course of
action among several alternative scenarios

Practical class 1.

Theme: «Financial mechanism»

The presentation:
Questions:
1. The essence of financial policy and financial mechanism
2. Financial planning
3. Legal maintenance of financial relations and financial control
The presentation: Results of written assignment: "Current status and
problems of the deposit system of Kazakhstan"

Practical class 2.

Theme: «Financial mechanism»

Create a glossary on the topic: « Financial mechanism».
Characterise content of these definitions.
8
Practical class 1.

Theme: «Functioning of finance of enterprises»

The presentation:
Questions:
1. The essence of finance of enterprises
2. Classification of enterprises and organizations
3. Features of finance of enterprises of the basic organizational legal forms

The presentation: Results of the review of financial news: "Current status and
problems of the credit system of Kazakhstan".

Practical class 2.

Theme: «Functioning of finance of enterprises»

Crosswords on finance.

Horizontally:

7. The extent to which the expectations of search results if you visit with the search
query
8. This term is derived from the French word profit, benefit
10. The ability that will help to fulfill obligations on time and in in its entirety
16. This kind of attitude and situation of conformity with each other in some time, at
least two objects, their various aspects of their properties, states, forms, events, etc
18. Change of the orientation of the company
20. According to the peculiarities of usage in the investment process capital can be
starting investment capital, reinvestment capial, and
23. … . and long-term loan
25. Behaviour that is pleasant and friendly

Vertically:
1. A set of financial instruments designed for implementation of financial investments
in accordance with the investment policy
2. According to Publilius Syrus, it like the soul, never returns whence it has once
departed
3. This word enthusiasm comes from the ancient Greek word meaning inspired by or
possessed by God
4. A delay or suspension of an activity or a law
5. According to the objects of investments there are real investments and…
6. Payment for bank services
9. To serve our clients with excellence we should sometimes exercise it
11. When two or more people work together to create or achieve the same thing
12. The level of impact of information on the results of financial decisions

9
10