- 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
- Project accounting - Earned value management - Understanding project accounting (cost accounting, earned value, performance measurement)
- 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)
- Cost estimation, costing methods - Cost estimation, costing methods (target costing, analogical, parametric, analytical), level of precision, TCO, modes of evolution.
- Project management - Project management (tasks, PERT, GANTT, critical path)
- Forecasting methods - Construction of the forecast, forecast (reforecast or actual), budget, PMT and managing the forecasting cycle.
- Modeling, simulation, scenarios - Modeling, simulation, scenarios
- Project/program portfolio - Financial management of a project/program portfolio (PMO)
- 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 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
- Securities and financial markets - Notions of cost of money, liquidity, inflation, capitalization, discounting, interest calculations, actuarial calculations
Understanding and implementing
Target audience
- Internal auditors
- Accountants
- Consolidators
- Controllers
1 day
With Tutoring
Prerequisites
It is advisable to be familiar with the company's financial statements.
Objectives
◗ Analyze different points of view on financial statements within a Group
◗ Measuring the challenges faced by each of the Group's financial players in order to draw up best practices
◗ Applying the fundamentals of consolidated accounts, taxation and cash management
Online training program
8 MOOC modules organized into 2 tracks
> Course 1: Context (4 modules - 3h)
- Introduction: What is a group? Stakeholders (CAC, AMF, etc.), different sets of accounts
- Reporting cycles: from monthly closing to strategic planning, the accounts production cycle, the budget cycle
- Consolidated accounts: Why? Why? How? Differences between parent company and consolidated financial statements
- Acquisitions: the acquisition process, PPA(Purchase Price Allocation), Goodwill
> Course 2: Finance-related professions (4 modules - 3h)
- Group taxation: local taxation (deferred taxes, tax consolidation), international taxation (taxpayer location) and group taxation (transfer pricing, CBCR)
- Treasury and financing: managing liquidity(cash pooling, clearing systems), ensuring financing (forecasts) and managing financial risks (exchange rates, interest rates, commodities)
- ERP and SSC: Group systems and organization, standardization of processes, delegation of authority, internal control and governance, working with a SSC (Shared Services Center).
- Beyond the figures: the financier's dual line of responsibility, the pitfalls to be avoided
>Individual distance tutoring session
Why choose this online course?
Financiers have to juggle numerous sets of accounts: consolidated accounts (IFRS or not), management data, local standards, tax rules and so on. Subjected to multiple constraints, they must constantly change their point of view, all within a highly constrained reporting schedule.
It is important for them to have a clear idea of the requirements of their position within a Group.
This 100% online training course is ideal as part of an on-boarding program for young financiers.
Teaching and assessment methods
This training course is 100% online on the FinHarmony Digital platform. Its content is equivalent to 2 days of face-to-face training.
- The courses are built around a MOOC format for lively, dynamic learning. Each module is structured around one or more videos by the FinHarmony expert, supplemented by practical exercises. An evaluation quiz concludes each module to check that the essential points have been retained.
- Learners can spread their learning over the 3-month period. Modules are released as the learner progresses. Once completed, they can be used again and again until the end of the subscription period.
- Technical and pedagogical support :
- At the end of Track 2, a tutorial meeting is organized with the trainer to discuss the learner's professional context and consolidate skills acquisition.
- Documents are available (as downloads or links) for further information.
- A forum enables learners to communicate with the trainer- A FinHarmony certificate is awarded to the learner on completion of all courses.
See our full training catalog.
Price
COURSE 1+2: €600 EXCL. TAX
This "on-boarding" training course can be customized for your company (quote on request).
Testimonials
Online training - Finance
Online training - Finance
Online training - Finance
Jonathan C.
Company
Training