Professional knowledge
At the comprehension level:
1. Theories of economics and finance.
2. Patterns of macroeconomic processes.
3. Guidelines of international organisations in the field of finance.
4. Concepts and patterns of financial markets.
5. Concept of financial market instruments.
6. Principles and patterns of the organisation’s operation.
7. Internal and external factors influencing the organisation’s operation.
8. Impact of the organisation on the environment and society, and the importance of good governance (ESG reporting).
9. Composition of financial statements and principles of their preparation.
10. Interrelation between financial statements and other financial information.
11. Macroeconomic factors influencing the financial position (fiscal policy, monetary policy, inflation, etc.).
12. Macroeconomic factors influencing the financial position (principles of the organisation’s operation, market share, cooperation partners, etc.).
13. Methods and tools for preparing financial information.
14. Types of revenue and expenses.
15. Asset and liability items in the balance sheet.
16. Areas of cash flow.
17. Types of management accounting/operational reports.
18. Regulatory documents on accounting and taxation.
19. Technical requirements for drawing up documents.
20. Recording of the organisation’s business operations.
21. Theory and history of taxes, and fundamental principles of tax administration.
22. Concepts and patterns of financial markets.
23. Types/sources of investments.
24. Principles of assessing investment projects.
25. Options for investing financial resources.
26. Types of financial resources.
27. Types of financial investments.
28. Types of financial risks.
29. Identification and control of risks related to money laundering, terrorist and proliferation financing (ML/TF/PF).
30. Financial risk management measures.
31. Types of financial risks.
32. Justification of the need for the financial control process.

At the application level:
1. Quantitative and qualitative analysis methods.
2. Analysis and forecasting of macroeconomic processes.
3. Current developments in the sector.
4. Methods for selecting and analysing information.
5. Evaluation of the possibilities of using the obtained information.
6. Evaluation of alternative solutions for the improvement of the organisation’s operation.
7. Financial literacy knowledge.
8. Principles of corporate social responsibility.
9. Principles, methods, and techniques of financial information analysis.
10. Use of the results of the financial information analysis to identify issues.
11. Evaluation of the influence of macroeconomic and microeconomic factors on the organisation’s financial position.
12. Measures for the improvement of the financial position.
13. Financial management methods for the improvement of the financial position.
14. Methods and techniques of financial analysis.
15. Evaluation of alternative solutions for the improvement of the organisation’s financial position.
16. Use of the results of the financial statement analysis to improve the organisation’s financial position.
17. Interpretation and interrelation of information included in financial statements.
18. Use of information and communication technologies for the preparation of financial information.
19. Information technologies, tools, and computer programs for the systematisation and selection of financial information.
20. Methods and techniques of financial analysis, statistics, and econometrics.
21. Financial planning methods.
22. Sequence of planning processes.
23. Compliance with management guidelines and control figures in the planning process.
24. Development of financial planning documents.
25. Analysis of deviations from plans.
26. Methods and techniques of financial analysis.
27. Justification of the need to adjust the financial plan.
28. Techniques of adjusting the financial plan.
29. Financial planning methods, planning sequence, and functional budgets.
30. Compliance with guidelines, control figures, and financial planning processes.
31. Requirements and principles for developing financial management documents.
32. Quantitative and qualitative analysis methods.
33. Organisation’s possibilities of investing in national and international financial markets.
34. Development of an investment project funding plan.
35. National and international financial and tax law.
36. Financial market instruments.
37. Modern quantitative methods of financial analysis and financial engineering.
38. Preparation of financial investment projects.
39. Information on financial markets.
40. Possibilities of attracting financial resources.
41. Conditions and possibilities of financial investment options.
42. Preconditions for the formation of financial risks.
43. Methods for assessing financial risks.
44. Set of financial risk management measures.
45. Plan of financial risk mitigation measures.
46. Development of the financial control procedure and documents.

General knowledge
At the comprehension level:
1. Organisation of the occupational safety system.
2. Regulatory enactments related to occupational safety.
3. Regulatory enactments related to environmental protection.
4. Languages and communication.
5. Diversity in different contexts.
6. Specifics of the types of communication.
7. Social and political structure of society.
8. Social diversity and the principle of equality.
9. Intercultural communication.
10. Operational principles of computers and office equipment.
11. Principles of professional ethics.
12. Prerequisites for effective communication.
13. Time planning techniques.
14. Quantitative and qualitative data processing methods.
15. Technical requirements for drawing up documents.
16. Recording of the company’s business operations.
17. Theory and history of taxes, and fundamental principles of tax administration.
18. Regulatory enactments in the field of finance.
19. Scientific research methods.
20. Business environment and its influencing factors.

At the application level:
1. Requirements of field-specific regulatory enactments and standards.
2. Identification of work environment risk factors.
3. Grammar and language functions.
4. Use of professional terminology in one or several foreign languages.
5. Verbal and non-verbal communication.
6. Skills of intercultural communication in a multicultural society.
7. Time planning.
8. Business communication.
9. General and professional ethics.
10. Principles of information system security.
11. Use of office software for the preparation of documents.
12. Adherence to the principles of professional ethics.
13. Techniques for effective communication.
14. Requirements of employment relationships.
15. Occupational standard.
16. Information and communication technologies.
17. Data analysis methods.
18. Data and information security.
19. Preparation and presentation of reports.
20. Research methodology.
21. Presentation skills.
22. Drawing up of business documents in accordance with record-keeping and professional sector-specific requirements.
23. National and international regulatory enactments regarding taxation and accounting.
24. National and international occupational standards governing the field of finance.
25. Factors influencing business operations.
26. Justification of the impact of factors influencing business operations on the organisation’s operation.
27. Research methodology.
28. Information communication technologies.
29. Presentation skills.
30. Self-assessment mechanisms.
31. Evaluation of the need for new knowledge and skills.
32. Planning of studies, career, and work progress.

Professional skills and attitudes
1. To summarise macroeconomic indicators.
2. To structure economic development trends.
3. To analyse patterns and trends in economic and financial development.
4. To interpret economic situations and development trends in specific market segments.
5. To systematise the results of conducted research.
6. To summarise data on currency, securities, and the borrowed capital market.
7. To work with data on currency, securities, and the borrowed capital market.
8. To analyse the obtained information.
9. To draw conclusions on trends in currency, securities, and borrowed capital markets.
10. To identify the factors influencing the organisation’s operation.
11. To interpret findings from scientific research in the context of the organisation’s operation.
12. To find solutions to improve the organisation’s operation under changing or uncertain conditions.
13. To provide proposals for the improvement of the organisation’s operation.
14. To identify the organisation’s goals and their influence on the financial environment and public interests.
15. To systematise the organisation’s financial information: reports (balance sheets, profit or loss statements, cash flows) and other information.
16. To use methods for processing economic and financial information, including statistical, mathematical, and other methods.
17. To use financial analysis methods, including when calculating financial ratios.
18. To assess the organisation’s financial position and formulate conclusions.
19. To interpret the results of financial statement analysis.
20. To identify the factors influencing the organisation’s financial position.
21. To summarise results and evaluate solutions to improve the financial position.
22. To develop proposals for the improvement of the organisation’s financial position.
23. To systematise financial information.
24. To select financial information according to the needs of the target audience.
25. To prepare financial documentation and statements for the needs of the target audience.
26. To select information based on financial planning needs (standards, rates, etc.).
27. To systematise the information of operational and financial statements necessary for financial planning.
28. To plan the analytical profit or loss statement.
29. To plan the analytical balance sheet.
30. To plan the analytical cash flow, using the direct and indirect methods.
31. To prepare the planned profit or loss statement, balance sheet, cash flow, prime cost calculation documents, etc.
32. To analyse the implementation of the financial plan.
33. To assess deviations from the financial plan.
34. To develop a proposal for the adjustment of the financial plan.
35. To identify the stakeholder needs in matters concerning financial planning.
36. To propose the best solutions for financial planning.
37. To provide proposals for accounting organisation documents intended for financial planning and analysis.
38. To provide proposals for the development of economic transaction documentation intended for financial planning and analysis.
39. To assess compliance of financial management documents with regulatory requirements.
40. To provide proposals for the implementation of the organisation’s financial plan.
41. To summarise data characterising the financial market.
42. To analyse the situation and trends in financial markets.
43. To interpret the situation and development trends in specific market segments.
44. To evaluate the organisation’s internal and external sources of funding.
45. To evaluate investment constraints.
46. To anticipate the results of investment activities.
47. To evaluate investment profitability. To evaluate investment risks.
48. To provide proposals for the investment of financial resources.
49. To present proposals for the investment of financial resources.
50. To prepare information for material, non-material, and financial investment projects.
51. To provide proposals for attracting financial resources.
52. To prepare a plan for attracting financial resources.
53. To propose the best solutions for financial investments.
54. To identify and assess the financial risks of the organisation’s operation and transactions, including in accordance with requirements for the prevention of money laundering, terrorism and proliferation financing, and restrictions of international and national sanctions.
55. To identify possible financial risk management measures for the organisation’s operation.
56. To justify the need for financial risk management measures.
57. To prepare a plan of financial risk management measures for the organisation.
58. To determine the financial control process.
59. To develop documentation for financial control procedures.
60. To follow the principles of corporate responsibility.

General skills and attitudes
1. To understand field-specific regulatory requirements.
2. To apply the necessary regulatory enactments for problem-solving.
3. To apply the field-specific standards.
4. To comply with occupational safety and environmental protection requirements.
5. To organise own workplace in accordance with occupational safety requirements and health impact.
6. To work in an environmentally friendly manner.
7. To use resources rationally.
8. To communicate verbally and in writing in various professional situations and settings.
9. To use professional terminology.
10. To present issues both in professional setting and to general public.
11. To observe the norms of communication culture and professional ethics.
12. To articulate and defend a well-reasoned opinion.
13. To prepare and publish presentation materials.
14. To demonstrate tolerance towards diverse viewpoints.
15. To reach compromises.
16. To manage stress in social communication processes.
17. To use critical and creative thinking.
18. To use a computer and office equipment.
19. To use information systems to develop and format documents.
20. To search for information online independently.
21. To use specialised computer programs according to the work tasks.
22. To communicate, using information technologies.
23. To ensure the storage of electronic documentation and data.
24. To work in accordance with the principles of professional ethics.
25. To collaborate in accordance with the principles of professional communication and regulations regarding employment relationships.
26. To work as part of a team and individually.
27. To speak at scientific or practical conferences and other events.
28. To plan time efficiently.
29. To evaluate the need for research in the field of finance and economics.
30. To analyse the interrelation of social, economic, and political factors.
31. To develop professional and innovative research.
32. To prepare the results of applied research for their use/ for addressing issues.
33. To prepare research reports/summaries, presentations, and statements.
34. To work with regulatory documents and standards.
35. To analyse the legal aspects of business activity.
36. To analyse the impact of regulatory enactments on financial markets/ the organisation.
37. To keep up with changes in regulatory enactments relevant to the organisation’s operation.
38. To act in accordance with the requirements of the applicable regulatory enactments and standards.
39. To identify the information characterising the factors that promote and hinder business activities.
40. To structure the factors influencing the organisation’s operation.
41. To systematise the results of conducted research.
42. To evaluate the possibilities of using research results in practice.
43. To systematically acquire new knowledge and experience.
44. To pursue further education by acquiring new skills necessary for performing the tasks of a financial officer.
45. To keep up with the current developments in economics and finance.
46. To acquire new knowledge and skills through self-directed learning.
47. To apply acquired knowledge in practice.

Professional competences
1. Ability to analyse economic development trends.
2. Ability to independently assess and analyse complex macroeconomic issues, justify decisions, and, if necessary, perform additional analysis.
3. Ability to forecast economic development trends.
4. Ability to use quantitative and qualitative analysis methods.
5. Ability to select and analyse financial market data.
6. Ability to summarise financial analysis results in decision-making.
7. Ability to use the results of the research on the factors influencing the organisation’s operation to improve the organisation’s performance.
8. Ability to provide proposals for decision-making in the field of finance.
9. Ability to align the organisation’s goals with the financial environment and public interests.
10. Ability to systematise financial information.
11. Ability to analyse the organisation’s financial statements.
12. Ability to assess the organisation’s financial position.
13. Ability to identify issues discovered during the analysis.
14. Ability to formulate the factors influencing the organisation’s financial position.
15. Ability to evaluate the factors influencing the organisation’s financial position.
16. Ability to develop proposals for the improvement of the organisation’s financial position.
17. Ability to justify the opinion when evaluating proposals for the improvement of the organisation’s financial position.
18. Ability to classify financial information according to the needs of the target audience.
19. Ability to prepare financial information to solve various professional tasks (information for the bank, clients, the State Revenue Service, etc.).
20. Ability to summarise information necessary for financial planning.
21. Ability to solve professional tasks when preparing information for financial planning needs.
22. Ability to plan the revenue, expenditure, balance sheet, and cash flow processes.
23. Ability to evaluate financial information.
24. Ability to prepare operational information according to selected criteria.
25. Ability to prepare financial planning documents for the organisation.
26. Ability to provide reasoned arguments for the developed financial plans.
27. Ability to formulate and evaluate errors in financial planning.
28. Ability to identify the need to adjust the initial financial plan.
29. Ability to prepare options for financial plan adjustments.
30. Ability to prepare proposals for financial plan adjustments.
31. Ability to advise stakeholders on financial planning.
32. Ability to identify and evaluate risks in financial planning.
33. Ability to control the implementation of the financial plan.
34. Ability to assess compliance of financial management documents with the requirements of regulatory enactments and methodological materials.
35. Ability to analyse the financial market (currency, security, and capital markets).
36. Ability to identify trends and influencing factors in financial markets.
37. Ability to prepare proposals for financial investments.
38. Ability to evaluate the organisation’s internal and external sources of funding.
39. Ability to evaluate investment constraints.
40. Ability to anticipate the results of investment activities.
41. Ability to assess the investment profitability.
42. Ability to assess the investment risk. Ability to evaluate the investment efficiency.
43. Ability to justify the options for the investment of financial resources.
44. Ability to provide proposals for the investment of financial resources.
45. Ability to prepare information for material, non-material, and financial investment projects.
46. Ability to assess the advantages of attracting financial resources.
47. Ability to assess the risks of attracting financial resources.
48. Ability to provide proposals for attracting financial resources.
49. Ability to prepare a plan for attracting financial resources.
50. Ability to provide reasoned arguments on the advantages and risks of financial investments.
51. Ability to identify and assess the financial risks of the organisation’s operation, including those related to the requirements for the prevention of money laundering, terrorism and proliferation financing, and restrictions of international and national sanctions.
52. Ability to respond adequately in non-standard situations.
53. Ability to develop measures for managing the risks associated with the organisation’s operation.
54. Ability to implement financial risk management measures.
55. Ability to provide proposals for the development of the financial control procedure and documents.
56. Ability to follow the principles of corporate responsibility.

General competences
1. Ability to comply with field-specific regulatory requirements.
2. Ability to comply with occupational safety and environmental protection requirements.
3. Ability to use the resources rationally.
4. Ability to communicate, write, read, work, and speak in front of an audience fluently in one or more foreign languages, while understanding and using professional terminology and concepts.
5. Ability to demonstrate personal, social, civic, interpersonal, and intercultural skills.
6. Ability to ensure active and efficient engagement in establishing a social dialogue in society.
7. Ability to follow the fundamental principles of professional and general ethics, including generally accepted code of conduct.
8. Ability to use information and communication technologies, innovative technology-based tools, and software for the performance of work tasks.
9. Ability to understand and apply regulatory provisions governing the operation.
10. Ability to cooperate, following the principles of professional communication.
11. Ability to follow the principles of professional ethics.
12. Ability to comply with regulations regarding employment relationships.
13. Ability to comply with the occupational standard. Ability to plan time efficiently.
14. Ability to use information processing methods.
15. Ability to conduct applied research in the fields of finance and economics.
16. Ability to inform colleagues and other persons on conducted research.
17. Ability to use presentation methods.
18. Ability to handle regulatory enactments governing the field of finance.
19. Ability to understand and apply regulatory enactments in the financial field of the organisation.
20. Ability to collect information on scientific research.
21. Ability to use primary and secondary information data.
22. Ability to independently carry out applied research in the evaluation of factors that promote or hinder business operations.
23. Ability to generalise scientific research results.
24. Ability to analyse the potential applications of research.
25. Ability to keep up with changes in economics and finance.
26. Ability to identify the need for improving the professional qualification.
27. Ability to pursue further education and improve knowledge in the professional field.
28. Ability to continuously deepen own professional knowledge in the field of finance.
29. Ability to plan professional development and career individually and/or in a team.

1. The KNOWLEDGE at the level of notion:
1.1. history of economics and finances;
1.2. guidelines of the European Union and international organizations in the field of financial analysis and planning.
2. The KNOWLEDGE at the level of understanding:
2.1. understanding of the regulatory documents governing the financial activity;
2.2. microeconomics, macroeconomics;
2.3. financial theories.
2.4. business communication psychology;
2.5. structure of the financial system;
2.6. global finances;
2.7. marketing;
2.8. business management;
2.9. professional terminology in the official language and two foreign languages.
3. The KNOWLEDGE at the level of use:
3.1. financial accounting and basics of auditing;
3.2. financial analysis and management;
3.3. organization of scientific activities;
3.4. use of statistical methods in finance;
3.5. business informatics;
3.6. financial instruments market;
3.7. banking;
3.8. taxes and tax and fee systems;
3.9. investments;
3.10. project financing;
3.11. ethics, business etiquette;
3.12. information technologies;
3.13. environmental protection;
3.14. official language;
3.15. at least two foreign languages at the communication level;
3.16. labour protection;
3.17. legal employment relationship.

1. To analyse correlations and trends of economic and financial developments and adopt decisions according to the changing circumstances.
2. To use laws and regulations, as well as professional standards governing the financial activities.
3. To utilize modern quantitative methods of financial analysis and financial engineering for an effective business operation.
4. To use accounting and balance sheet data, statistical information, analyse results of operation.
5. To analyse, systematize and integrate collected information, utilize economic, statistical and econometric research methods.
6. To predict financial performance results.
7. To calculate taxes.
8. To develop investment projects.
9. To use statistical methods for analysis.
10. To access, analyse and manage financial risks.
11. To prepare and present reports.
12. To use information acquisition, processing and systematization technology.
13. To work in a team or a group, coordinate and delegate tasks.
14. To know the official language.
15. To know at least two foreign languages at the communication level.
16. To use professional terminology in the official language and at least two foreign languages.
17. To communicate and interact with the staff from various departments, direct management and partners.
18. To effectively plan and organize one’s work.
19. To independently acquire new knowledge.
20. To prepare business documents in accordance with record-keeping and accounting requirements.
21. To act in accordance with the requirements of the laws and regulations and ethical standards.
22. To comply with professional ethics, codes of conduct and standards.

1. Ability to conduct financial market analysis to identify financial market trends and the factors affecting it.
2. Ability to define a company’s financial objectives and main directions in accordance with the interests of the owners and the public.
3. Ability to analyse and evaluate the financial position of a company.
4. Ability to inform the company’s management on the achievable financial goals and objectives.
5. Ability to ensure timely compilation and submission of financial reports.
6. Ability to identify and assess internal and external sources of financing.
7. Ability to determine the optimal structure of capital, consider possible actions with securities and prepare the issue of securities.
8. Ability to manage short-term accounts receivable and accounts payable.
9. Ability to manage stocks.
10. Ability to manage money.
11. Ability to determine the financial return on investment and risk.
12. Ability to make financial forecasting (predict the volume of the manufactured products or provided services, predict investments, predict financial performance).
13. Ability to prepare an institution’ s budget and take control of the execution thereof.
14. Ability to prepare proposals for financial investments and operations with securities.
15. Ability to calculate and evaluate investment efficiency, develop material, financial and non-material investment projects.
16. Ability to present the obtained results.
17. Ability to communicate in the official language and at least two foreign languages.
18. Ability to make research on current financial issues.