Sylabus predmetu

Thematic definition of lectures: 1. Introduction to Asset Value Management Issues . Fundamental principles and procedures for asset valuation and revaluation in the energy sector, in accordance with applicable legislation and accounting regulations. The focus is on the objectification of asset value. Transfer pricing: Principles, methods, and their practical application. 2. Valuation of an Energy Company’s Assets at Fair (Market) Value According to Accounting Standards. Asset valuation based on purchase price, production costs, reproduction costs, nominal value, and fair value according to accounting standards.Explanation of fundamental principles and valuation procedures under the accounting regulations. 3. Methods for Determining the Objectified Value of Tangible Assets in an Energy Company. Impact of the regulatory environment on the value of energy companies and their tangible assets. 5. Valuation of Real Estate – Land and Buildings . Determination of the general (market) value of an energy company's real estate. This includes the location differentiation method, income approach, and comparative method, along with the collection of relevant data and their practical application . Various valuation methods include the comparative method, substantial and liquidation methods, rating method, creditworthiness assessment, residual value method, and combined value methods, as well as different cost-based values. 6. Valuation of Machines, Machinery, and Electrical Equipment. Classification and valuation methods for machines and technical equipment, alongside applicable accounting regulations and international valuation standards. 7. Valuation of Other Tangible Assets of an Energy Company. Valuation of receivables from an economic, accounting, and legal perspective. National Nuclear Fund: The purpose and role of the fund in the decommissioning of nuclear facilities, financial transfers with energy companies, and related receivables and liabilities. 8. Systematization, Typology, and Stages of Development in the Management of Intangible Assets. Current model for intangible asset management in enterprises, with a focus on the production factors, lifecycle of the company, subjects, objects, and relationships in intangible asset management. 9. Methods for Determining the Value of Intangible Assets in an Energy Company. Cost-based and income-based approaches to valuing intangible assets in an energy company. 10. Patent Protection and Licensing in an Energy Company. The scope of patent protection (patents, supplementary protection certificates, utility models, and designs). Factors affecting the choice of strategy for intellectual property protection in an energy company. Examples of protection strategies for inventions using different methods of handling patent applications. 11. Trademark, Designation of Origin, and Geographical Indication. Definition and nature of trademarks, designations of origin, and geographical indications, including their legal framework, the process, and the methodology of the registration procedure. Protection of these designations at the international, European, and national levels, and an overview of databases and registries of protected designations. 12. Other Forms of Monetization of Intangible Assets. Franchising, joint ventures, direct sales, and other forms of commercialization. Evaluation of the risks and benefits of each monetization form, along with an overview of relevant case studies from practice. 13. Valuation of Environmental Liabilities. Addressing the issue of environmental debt and environmental burdens—defining them, identifying the extent of removal required, and assessing the associated costs. Methods for measuring environmental debt, evaluation of environmental risks and burdens, the costs of environmental remediation, time requirements, and contamination surveys. Thematic definition of exercises: 1. Introduction to the Topic and Course Requirements Introduction to the subject matter, familiarization of students with the requirements for course credit. Defining fundamental concepts in asset value objectification for various purposes, including accounting operations, transfer pricing, expert valuation, and in accordance with international valuation standards. Practical application, which will be addressed in detail during subsequent exercises. 2. Valuation of Assets According to Valid Regulations in the Slovak Republic Methods used to determine the market value of assets, with a focus on the regulations applicable within Slovakia. 3. Valuation of Real Estate – Land and Buildings Determination of the general (market) value of real estate, including: Location differentiation method Income approach Comparative method Collection of relevant information and application in practice. Various valuation approaches including the comparative, substantial, and liquidation methods, as well as methods such as: Rating method Creditworthiness (bonity) and residual value Combined value methods and cost-based valuations. 4. Valuation of Machinery and Equipment in an Energy Company Classification and valuation methods for machines, equipment, and electrical devices within an energy company. 5. Valuation of Other Tangible Assets in an Energy Company Procedures and factors affecting the final market value of tangible assets within an energy enterprise. 6. Valuation of Securities Definition, classification, methods, and principles for valuing securities such as stocks and business shares, focusing on their current (market) value. 7. Valuation of Receivables Methods for valuing receivables, including: Financial-economic analysis of the debtor (rating method) Criterion-based grouping (bank classification model) Differential recoverability method. Practical examples from real-world applications. Valuation of inventory: methods, principles, and procedures. Financial transfers with the National Nuclear Fund. 8. Distributor Method Methods based on the market approach, including market royalty rates and multipliers. 9. Valuation of Intangible Assets in an Energy Company Market-based methods and multipliers used in the valuation of intangible assets in the energy sector. 10. Cost-Based Valuation Methods Application of cost-based methods to the valuation of intangible assets, such as research and development, software, and other intangible assets that do not generate direct income within the energy company. 11. Case Studies on Licensing Analysis of licensing agreements and strategies in the energy sector and other complementary industries, with case studies on how licensing operates in practice. 12. Economic Consequences of Other Forms of Commercialization of Intangible Assets Analysis of the economic impacts of other forms of commercialization, such as franchising and joint ventures, with a comparative analysis of their advantages and disadvantages. 13. Valuation of Environmental Liabilities Case studies on environmental debt valuation, including the identification, scope, and cost of remediation measures associated with environmental burdens.