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
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
BOOK NOW
GET IN TOUCH
Social Media
Developed by Alexandra Raduna