- Financial analysis and diagnosis - Balance sheet balances (FRN, BFR, Cash flow), net debt and financial analysis ratios. Analyze financial structure, liquidity and solvency.
- Operating cash flow - Know how to calculate and analyze cash flow and free cash flow using direct and indirect methods. Know how to make forecasts. Cash and WCR management and optimization - Know how to calculate cash flows - Know how to establish cash positions - €/currencies - Calculate and interpret the main current asset turnover ratios (DSO, DPO, DII). - be able to draw up and reconcile cash flow forecasts - master methods for optimizing cash flow and WCR in conjunction with operational staff
- Cost accounting and job costing - Learn about cost accounting, direct/indirect cost analysis and job costing, activity-based costing and activity-based management.
- Consolidation - Know the principles and methods of consolidation (full consolidation - equity method). Analyze consolidated financial statements.
- Sales cycles and selling prices - Knowledge of accounting principles and schemes (inventory, cut-off, commitments, provisions, etc.)
- Off-balance sheet commitments - Off-balance sheet commitments
- Financial statements and appendices - Balance sheet, income statement, cash flow statement, statement of changes in equity, ICOs, appendices
- Financial information and the Universal Reference Document - Present account analyses and half-yearly and annual accounting and financial reporting, quarterly information and segment reporting. Understand the content of the Reference Document and how to read it.
- Securities and financial markets - Notions of cost of money, liquidity, inflation, capitalization, discounting, interest calculations, actuarial calculations
Fundamentals
Target audience
- Non-financial managers
- Members of the financial communications department
- Members of the legal department
- Non-financial members of management committees
- Users of financial statements
2 day
Finance Training for Non-Finance Professionals
Prerequisites
No prior knowledge is required.
Objectives
◗ Learn the rules for preparing financial statements.
◗ Accurately record the company's major transactions.
◗ Interpret financial statements and the key aggregates used.
◗ Distinguish between net income and cash flow.
◗ Improve the quality of communication between operational and financial staff.
Training program
◗ Understanding the role of accounting and financial statements
– Accounting as a Common Language and Communication Tool
– The Different Types of Accounting and Their Uses
✔ UNDERSTAND | Illustration: Overview of Accounting Roles in a Company
◗ Making the link between business model and financial logic
– Corporate financial cycle: the relationship between invested capital, capital employed, revenue, profitability, and cash
– Distinction between stakeholders and their financial expectations
– Concepts of profitability, risk, and financing structure
✔ UNDERSTAND | Illustration: Diagram of the financial cycle and business model
✔ EVALUATE | Quiz: In your opinion… Who bears the greater risk, the lender or the shareholder?
◗ Understanding the main accounting principles
- Principle of accrual accounting and matching of expenses to income
- When to apply local standards and IFRS?
◗ Reading and interpreting a balance sheet
– Definition, Logic, and Structure of the Balance Sheet
– Asset/Liability Balance, Equity, and Financing
– Fixed Assets, Working Capital, Debt, and Equity: Analyzing the Company’s Financial Position
✔ APPLY | Guiding Case Study: Prepare the balance sheet for Nicolas’s company
✔ UNDERSTAND | Annotated Analysis of the Main Balance Sheet Items
◗ Understanding the income statement and performance indicators
– Preparing an Income Statement by Cost Category and by Revenue Source
– Interpreting Margins and Earnings: Gross Margin, Operating Income (EBIT)
– EBE, EBITDA: What’s the point?
– The relationship between the balance sheet and the income statement
✔ UNDERSTAND | Case study: Annotated analysis of an income statement
✔ APPLY | Practical exercise: Analyzing a company’s performance using management information systems (MIS)
✔ APPLY | Overarching practical exercise: Preparing the balance sheet and income statement for Nicolas’s company
◗ Making the link between earnings, cash flow and management
– Cash and non-cash items: Where does the money from depreciation, amortization, and provisions go?
– Gross Cash Flow (GCF), changes in working capital, and other operating items
– Free cash flow: a key management indicator
✔ UNDERSTAND | Annotated reading of a cash flow statement
✔ APPLY | Step-by-step practical exercise: Prepare the cash flow statement for Nicolas’s company
✔ EVALUATE | Quiz: In your opinion… does a well-managed company have no debt?
Why choose this course?
Every action or decision has an economic and financial impact, which is reflected in the company's financial statements.
Understanding and analyzing a company’s financial performance requires understanding and assessing the financial impact of each person’s actions.
This training helps participants identify their areas of influence and define how they contribute to financial performance.
Teaching and assessment methods
Before the training: Submit your expectations via your online portal 15 days before the training begins and complete a self-assessment of your skills.
Teaching Methods: A variety of teaching methods to cater to different learning styles, encourage active participation, and reinforce learning through experimentation and practice.
Educational materials: presentation materials, reference materials (summary sheets, tables, etc.), and other resources available in your account.
During the training: theoretical concepts are alternated with examples drawn from real-life cases. Participants are given the opportunity to engage in role-playing exercises. Numerous practical exercises allow participants to demonstrate their mastery of the skills as the training progresses.
Training monitoring and evaluation: attendance sheet and certificate of completion. Immediate and post-training evaluations conducted using the LearnEval platform.
Price
1,860 EXCL.
Testimonials
corporate finance training
corporate finance training
corporate finance training
Jonathan C.
Company
Training