- 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
Fundamentals
Target audience
- Project managers
- Accounting managers
- Consolidation managers
- Non-financial managers
- Members of the financial communications department
2.5 day
With Tutoring
100% Online Corporate Finance Course
Prerequisites
It requires a basic understanding of the company and its business processes.
Objectives
◗ Identify the contextual elements and concepts needed to understand corporate finance.
◗ Understand a company’s financial cycle, cash flow, growth, and the principles of investment and financing.
◗ Develop a concrete, dynamic, and cross-functional view of financial performance.
◗ Calculate key aggregates and ratios, using benchmarks to evaluate them and assess their trends.
◗ Incorporate risk considerations to assess the impact of actions and prepare for decision-making.
Training program
◗ 22 interactive e-learning modules organized into 5 learning paths
◗ Track 1 – General Overview (3 modules – 1 hour 30 minutes)
– The company’s financial cycle: economic assets, invested capital, revenue, net operating income, cash flow
– An introduction to financial performance metrics: profitability, financial autonomy, solvency, liquidity
– Assessing the company’s performance: sector-based analysis, benchmarking, strategic positioning, analytical approach
◗ Track 2 – Operating Profitability (5 modules – 3 hours)
– Revenue: Tools for Analyzing Its Trends Over Time
– Cost Structures: Variable/Fixed Costs, Costs by Nature/by Purpose, Purchase Cost/Cost of Goods Sold
– Scissors Effect, Break-Even Point, and Operating Leverage
– Non-Operating Effects: Foreign Exchange Effects, Scope of Consolidation, Other Non-Recurring Effects
– Margins, Key Performance Indicators (KPIs), and Their Trends
◗ Course 3 – Balance Sheet and Changes in Economic Assets (6 modules – 3 hours)
– What You Need to Know About the Balance Sheet: Economic Assets
– Investment Policy and the Decision to Invest
– Working Capital Dynamics: Growth and Seasonality
– Key Structures to Understand: Long-Term Contracts, Partial Asset Contributions, LBOs, and Leverage
– Focus on Intangible Assets: Impact on Financial Statements and Key Considerations
– Capital intensity and asset turnover
◗ One-on-one remote tutoring session (1 hour)
◗ Track 4 – Cash Flow and Financing (4 modules – 3 hours)
– Equity: Changes and Return on Equity
– Financial Debt: Cost of Financing and Leverage
– Operating Cash Flow: Discrepancies Between Operating Income and Operating Cash Flow, Calculating Free Cash Flow, Cash Traps
– Cash Flow Statement (CFS): Structure of a CFS, Recalculating Key Figures in the CFS
◗ Track 5 – Financial Performance (4 modules – 2 hours)
– Financial autonomy (or the ability to repay debt)
– Liquidity (or the ability to meet short-term obligations)
– Solvency (or the overall balance of the financial structure)
– Economic and financial profitability
◗ Practical case study (2 hours), final quiz (1 hour), and individual remote tutoring session (1 hour 30 minutes)
Why choose this course?
Knowledge of corporate finance has become a prerequisite for any advancement in a managerial career, because beyond management dialogue, organizations expect managers to take appropriate action to improve the company’s performance.
This 100% online training program is tailored to the busy schedules of managers who are set to take on new responsibilities.
Teaching and assessment methods
This training course is 100% online and is available on the FinHarmony Digital platform. Its content is equivalent to 3 days of in-person 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 segments to engage the learner. They include, among other things, a voice-over and instructional videos, a micro-case study for immediate application, a whiteboard segment to help learners remember formulas, and a step-by-step guide (based on a real-world business case).
Each module concludes with an assessment quiz to ensure that the key points have been understood.
Learners can spread out their learning over the duration of their subscription (2 to 6 months). The courses become available as the learner progresses. Once completed, they can be reviewed as often as desired until the end of the subscription.
Technical and pedagogical support :
– At the end of Course 3 and at the end of Course 5, a tutoring session is held with the instructor to discuss the learner’s professional context, guide them in acquiring the necessary skills, and review the case study.
– A forum allows learners to communicate with the instructor between sessions.
– A glossary (with definitions and acronyms) is always accessible from the modules menu.
– Additional resources are provided in the “Go Further” sections.
– A study guide is available for download in each module to help you remember the key points of the lesson.
A FinHarmony certificate is awarded to the learner on completion of all courses.
Price
Packages 1+2+3: €720 (excl. tax)
Packages 4+5: €800 (excl. tax)
10% off when you purchase two packages on the same day
Testimonials
Online finance training
Online finance training
Online finance training
Jonathan C.
Company
Training