FINANCE FOR NON FINANCE

TRAINING & WORKSHOP

Boost your financial know-how and get a new financial attitude

2022
Delivered by Iuliana Andronache, Managing Partner of Smash Finance
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TRAINING DESCRIPTION AND OBJECTIVES

Any management decision or business activity has an effect on the financial statements. This intensive training is intended to provide participants with the appropriate financial tools and knowledge to integrate the financial approach into day-to-day business and in substantiating business decisions.

 

Key benefits

 

  • Improving the company’s financial performance

  • making business decisions properly substantiated from an economic point of view

  • understanding the relationship between the financial and commercial strategies

  • identifying and eliminating or reducing losses of any kind

  • smart optimization of costs

  • strong working capital  management

DELIVERY DATES AND INVESTMENT

For the open trainings the investment is  the amount of 150 EUR/ participant (excluding VAT), the maximum number of participants  is 20 people.

 

This training can also be delivered in house, please request a quotation. 

TRAINING OVERVIEW

The Pillars of Financial Management

  • Ice breaker and goal setting

  • The role of financial statements

 

Profit and Loss Statement

  • The purpose and the use of profit and loss

  • What is profit

  • Accruals

 

Balance Sheet

  • The purpose and the use of Balance Sheet

  • Balance sheet  forms

  • The balance Sheet Analysis

  • Provisions

Cash flow Statement

  • Cash flow categories

  • Cash flow drivers

  • Differences between profit and cash

  • Workshop

 

Cost behaviour and optimisation

  • Variable and fixed costs

  • Direct and indirect cost

  • Controllable and uncontrollable costs

  • Relevant and irrelevant cost

  • Sunk cost and opportunity costs

  • Identifying and eliminating losses

  • Smart optimization of costs

 

Break-even analysis

  • Break-even equation

  • Cost-volume-profit relationship and analysis

 

Financial Analysis

  • Productivity

  • Liquidity   - strong working capital  management

  • Solvency

  • Key Performance Indicators

 

Workshop

Preparation of financial statements based on given transactions, analysis of financial rates, presentation of data and the of conclusions.

 

Review of key learning points

 

Memento for Participants: From Ideas to Action what are the three ideas touched or developed during the day’s  course and which you would wish to apply for you or for the company from NOW.


Questions Time

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GET IN TOUCH

office@smashfinance.ro

 

Phone: +40749 147 405

077190, 70 Emil Racovita street, Ilfov, Romania

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