- 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
- Creation of value ROCE (ROIC), WACC - Creation of value: ROCE (ROIC) - WACC (WACC) - Return on capital employed - Rotation des actifs (assets turn) - Intensité capitalistique (capital intensity)
- Sales cycles and selling prices - Knowledge of accounting principles and schemes (inventory, cut-off, commitments, provisions, etc.)
- Financial statements and appendices - Balance sheet, income statement, cash flow statement, statement of changes in equity, ICOs, appendices
- LT and CT financing methods - Understanding the main LT and CT financing methods
- Sales prices and margins - Fundamental approaches to setting sales prices (cost +, market price, value based pricing, TCO, CPA formulas, yield management, price elasticity, promotional efficiency) - Calculating margins, mix effects, scissor effect, impact of inflation, performance and productivity.
- Profitability and investment decisions - Building a business plan - Financial indicators of investment profitability (NPV, IRR, payback) - Risks and opportunities - Sensitivity - Reviewing and approving an investment file, model relevance, challenging assumptions
- Financial profitability (ROE) and leverage - ROE (return on equity) - Return on equity - DPS (dividend per share) - Payout ratio - TSR (total share return) - leverage - leverage effect Revenues (sales) - Sales recognition - Contract analysis - Performance obligation - Price allocation
- Revenues (sales) - Revenues (sales) - Sales recognition - Contract analysis - Performance obligation - Price allocation
- Financial risks: counterparty, liquidity, interest rate, foreign exchange, equity - Analysis, valuation, risk mapping and hedging strategy: - Counterparty risk: financial analysis and mastering rating practices (internal, external) - Liquidity risk: ALM and group cash flow forecasts - Interest-rate risk: TF and TV loans, bond issues - Foreign exchange risk: exports, imports, hedging - Equity risk: dividends, share acquisitions and disposals, dealing room) - Project & (dis)investment risk Master the identification and valuation of financial and non-financial risks
Acquire the fundamentals
Target audience
- Project managers
- Accounting managers
- Consolidation managers
- Non-financial managers
- Members of the financial communications department
2.5 day
With Tutoring
Prerequisites
Online finance training
E-Learning Finance Fundamentals
It requires a basic understanding of the company and its business processes.
Objectives
◗ Identify the background and concepts needed to approach corporate finance
◗ Understand the company's financial cycle, cash flow, growth, investment and financing logic.
◗ Develop a concrete, dynamic and cross-functional vision of financial performance
◗ Calculate fundamental aggregates and ratios with references to evaluate them and assess their evolution
◗ Integrate the risk dimension to assess the impact of actions and prepare decision-making
Program for online finance training - the fundamentals
> 22 interactive e-learning modules organized into 5 courses
> Course 1: General approach (3 modules - 1 h 30)
- The company's financial cycle: economic assets, invested capital, sales, net operating income and cash flow
- Initial overview of financial performance measures: profitability, financial autonomy, solvency, liquidity
- Situating company performance: sectoral approach, benchmarking, strategic positioning, analytical approach
> Course 2: Operating profitability (5 modules - 3h)
- Sales: tools for analyzing changes over time
- Cost structures: variable/fixed costs, expenses by nature/destination, purchase cost/cost of production
- Jaws effect, break-even point and operating leverage
- Non-operating effects: exchange rates, scope of consolidation, other non-recurring effects
- Margins, MIS and their evolution
> Course 3: Balance sheet and changes in economic assets (6 modules - 3h)
- What you need to know about the balance sheet: economic assets
- Investment policy and the decision to invest
- Working capital dynamics: growth and seasonality
- Special arrangements: long-term contracts, partial contributions of assets, LBOs and leverage
- Focus on intangible assets: impact on accounts and challenges
- Capital intensity and asset rotation
> Individual distance tutoring session (1h)
> Course 4: Cash flow and financing (4 modules - 3h)
- Equity: variation and remuneration
- Financial debt: cost of financing and leverage effect
- Operating cash flow: discrepancies between operating income and operating cash flow, free cash flow calculation, cash traps
- Cash flow statement (TFT): structure of a TFT, recalculating the main TFT items
> Course 5: Financial performance (4 modules - 2h)
- Financial autonomy (or ability to repay debt)
- Liquidity (or ability to meet short-term debt repayments)
- Solvency (or the major balances of financial structure)
- Economic and financial profitability
> Practical case study (2h), final quiz (1h) and individual distance tutoring session (1h30)
Why choose this online course?
Knowledge of corporate finance has become a prerequisite for any managerial career progression, because beyond management dialogue, organizations expect managers to
manager to have an impact on the company's performance.
This 100% online training course is designed to fit in with the busy schedules of managers taking on new responsibilities.
Teaching and assessment methods
This training course is 100% online on the FinHarmony Digital platform. Its content is equivalent to 3 days of face-to-face training.
The themes are approached from a business perspective, and their financial translation is presented in a simple, practical way.
> All modules are divided into 8 interactive sequences to engage the learner. They include a voice-over and instructional videos, a micro-case for immediate application, a whiteboard sequence for memorizing formulas, and a breadcrumb trail (real-life company case). An evaluation quiz concludes each module to check that the essential points have been retained.
> Learners can spread their learning out over the duration of their subscription (2 months to 6 months). Courses are released as the learner progresses. Once completed, they can be reconsulted at will until the end of the subscription period.
Technical and pedagogical support :
- At the end of course 3 and at the end of course 5, a tutorial meeting is organized with the trainer to discuss the learner's professional context, guide him/her in the acquisition of skills and review the case study.
- A forum enables the learner to communicate with the trainer between two appointments.
- A glossary (with definitions and acronyms) is permanently accessible from the module menu.
- Additional resources are provided in the "further information" sequences.
- Each module includes a downloadable handout to help you remember key learning points.
A FinHarmony certificate is awarded to the learner on completion of all courses.
See our full training catalog.
Price
LEARNING TIME: 18 HOURS
STARTING DATE : FREE
Courses 1 + 2 + 3: €720 plus VAT
Courses 4 + 5: €800 excl.
-10% off for 2 lots purchased on the same day
Testimonials
Online finance training
Online finance training
Online finance training
Jonathan C.
Company
Training