Understanding and implementing
Target audience
- Members of the financial communications department
- Non-financial members of management committees
- Users of financial statements
2 day
Prerequisites
It is recommended that you have a good command of the principles of accounting and the preparation of financial statements, for example by having taken the Corporate Finance - Level 1 course.
Objectives
- Understanding cost structure and margin levels
- Understand the challenges of financial balances within a company, the importance of Working Capital Requirement (WCR) and the difference between income and cash flow.
- Calculate the financial profitability of an investment project and integrate this indicator into decision-making.
- Master the main financial ratios.
Contents
Financial Highlights
- Business model and financial cycle
- Value creation and ROCE
Focus on operating income
- Cost structure analysis: the benefits of cost accounting
- Distinction between direct and indirect costs
- Fixed/variable cost analysis
- Neutral point calculation
- Costing
From operating income to cash flow
- Why results are not cash flow
- Relationship between working capital requirements (WCR) and cash flow
- Hunt for cash": the manager's operational levers
Investment project and financial profitability
- Identification, evaluation and selection of an investment project (NPV, IRR, payback)
- WACC and discount rate
- Financial calculations and performance indicators
- Managing risks and opportunities
Introduction to business valuation and shareholder return
- Leverage and ROE
Why choose this course?
Knowing and mastering the language of finance and its major mechanisms will enable all operational staff to be even more effective in defending their projects.
This training course provides the keys to the company's financial operations, enabling managers to identify and activate the levers for improving their unit's financial performance.
Pedagogy and assessment methods
Before : instructional videos and self-assessment quizzes
During the session: alternating theoretical developments and illustrations drawn from real cases. Several animated videos. Numerous case studies and interactive exchanges help to validate the acquisition of skills as the training progresses.
Afterwards: summary sheet and e-learning modules.
The trainer is available to answer any training-related questions.
Price
1,860 EXCLUDING VAT
Media
Testimonials
Finance training
Finance training
Finance training
Jonathan C.
Company
Training