Improvement
Target audience
- Members of the financial communications department
- Non-financial members of management committees
- Users of financial statements
2 day
Prerequisites
You must have a solid understanding of the principles of accounting and the preparation of financial statements, or have completed the “Finance for Non-Financial Professionals – Level 1” [FHGEFI] course.
Objectives
◗ Understand the cost structure and the various margin levels.
◗ Understand the challenges of maintaining financial balance within a company, the importance of working capital, and the difference between net income and cash flow.
◗ Calculate the financial profitability of an investment project by incorporating this metric into the decision-making process.
◗ Interpret key financial ratios.
Training program
◗ Business model, financial cycle and value creation
– Fundamentals of the business model
– Financial cycle: invested capital and capital employed, profitability, cash flow
– Value Creation and ROCE
✔ UNDERSTAND | Analysis: The Link Between the Business Model and the Financial Cycle
✔ APPLY | Case Study: Calculate the Impacts of Transactions Across a Complete Financial Cycle
✔ APPLY | Case Study: Calculate ROCE
✔ EVALUATE | Quiz: In your opinion… What is a “value-creating” company?
◗ Focus on operating income
– Cost Structure Analysis: The Usefulness of Cost Accounting
– Distinguishing Between Direct and Indirect Costs
– Analysis of Fixed and Variable Costs
– Break-Even Analysis
– Determining the Cost of Goods Sold
✔ APPLY | Practical Exercise: Analyze an Income Statement for Two Periods
✔ EVALUATE | Quiz: In your opinion… What is the purpose of calculating the break-even point?
◗ From Profit to Cash Flow: Management and Cash Flow
– Why isn’t profit the same as cash flow?
– Relationship between Working Capital Requirements (WCR) and cash flow
– “Hunt for cash”: a manager’s operational levers
✔ UNDERSTAND | Diagram: From profit to cash flow
✔ APPLY | Case study: Determining the cash flow of a business based on an income statement
◗ Profitability study for an investment project
– Key Steps: From Identification to Selection
– Profitability Ratios: NPV, IRR, PI, Payback Period
– WACC and discount rate
– Financial calculations and performance metrics
– Managing and accounting for risks and opportunities
✔ APPLY | Practical case study on evaluating investment projects
✔ EVALUATE | Quiz: In your opinion… why isn’t a high IRR always a good criterion?
◗ Introduction to business valuation and shareholder return
- Three methods for valuing a company
- 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.
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
Finance training
Finance training
Finance training
Jonathan C.
Company
Training