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Technology and Audit of Foreign Economic Transactions

Major: International Economics Relations
Code of Subject: 6.292.00.O.61
Credits: 5
Department: Management and International Business
Lecturer: Shulyar Roman Vitaliyovytsh
Semester: 5 семестр
Mode of Study: денна
Learning outcomes:
Following the completion of the module the student should:
- Know the most appropriate forms of foreign operations; methods of commercial operations in foreign markets; techniques of commercial negotiations (with different schools negotiation tactics); procedure of preparation, making and implementation of foreign trade agreements; structure, content, templates foreign trade documentation; features of foreign trade agreements and contracts, international and national auditing standards foreign operations;
- Be able to reasonably choose and implement international transactions; conduct commercial negotiations for foreign contracts and cooperative agreements; prepare and conclude foreign trade contracts, taking into account the subject and object of the agreement, to audit foreign operations based on the study of financial documents and reports.
Required prior and related subjects:
-prerequisite: International Economics
-co-requisite: Budgeting International Business
Summary of the subject:
Concept and types of commercial transactions, export-imports operations re-exports and re-imports operations, operations co-trading or operation of natural exchange, transactions that involve the seller in the realization of goods offered by the buyer, the redemption of old products, deliveries to equipment, operations on tolling, or tolling, counter-trade transactions within the industrial cooperation agreement countervailing simple, complex compensation agreement, clustering, franchise products and services. Planning and organizing foreign operations. Foreign stages of implementation. The pre-contractual preparation, market research foreign market, search, selection and installation of contact with a foreign partner, analysis and elaboration of competitive materials, drafting competition sheet, the calculation of import / export prices, the elaboration of the basic conditions of the contract, elaboration monetary terms of the contract, the economic justification foreign kontrakts. The conclusion and signing trade contracts, preliminary negotiations, drafting and signing of foreign kontrakts, negotiations with the contractor, the general conditions of negotiation preparation for negotiation, time and place of negotiations. The initiative of conducting, composition, design and negotiation program participants stay in the country, the draft estimates of expenditure of negotiations, the process of negotiations, cultural concepts and classification of business cultures, the signing of final documents and protocol events, recording the results of the negotiations. Control, external trade performance and termination of the contract. Audit of foreign operations, legal regulation and scientific and methodological support of auditing foreign operations, the essential characteristics of auditing foreign operations, function and classification of auditing standards, audit model foreign operations, audit evidence, procedures, techniques and tests, working papers and audit report, audit firm (auditor): legal regulation activities, rights, duties and responsibilities of the audit of certain foreign operations: general description of objects and the exercise, general description audited by specific foreign operations, audits the legality of the foreign operations audited book value of foreign currency exchange rate differences, audit buying and selling foreign currency audit of operations of import, export audit operations.
Recommended Books:
1. Chernobay LI, RV Shulyar Technology and auditing of foreign economic transactions: Textbook. - Lviv: Publishing House of the National University "Lviv Polytechnic", 2010. - 300 p.
2. Kozik VV, Pankova LA, Karpiak YS, O. Grigoriev, A. Bosak Foreign transactions and contracts. Teach. guidances. -2 Nd ed., Revised. And add. - K .: Center of educational literature, 2004. - 608s.
3. longhorn BF, Dusko ZO, NM Colossus The organization and methodology of the audit: Textbook. - K .: "Publisher" Knowledge ", 2006. - 295s.
4. Audit: Textbook / Ed. prof. F.F.Butyntsya. - Exactly: PE "Ruta", 2006. - 512p.
Assessment methods and criteria:
- Current control (40%): laboratory classes;
- Final control (60%): semester control (written component) (50%); oral questioning (50%);