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Finance for employees from non-finance backgrounds- Level 1

  • Objectives

    • To acquire the common French and English financial vocabulary.
    • To understand the essential financial mechanisms.
    • To integrate financial logic in your operational decisions.
    • To learn how to interpret a balance sheet and a profit and loss account
    • To learn how to construct a dashboard.
  • Keywords

    Finance - Balance sheet - Profit and loss accounts - ISIB - Cash flow - WC - WCR - EBITDA.
  • The advantages

    • • Any employee from a "non-finance" background: business unit managers, managers, directors, project managers, etc.
  • Aimed at

    • Any employee from a "non-finance" background: business unit managers, managers, directors, project managers, etc.

Program

Test: evaluating your knowledge of finance in 12 questions
Understanding and analyzing accounting documents (balance sheet and profit and loss account)
  • The differences between a balance sheet and a profit and loss account.
  • The 9-stage method for interpreting accounting documents.

Financial brainstorming game: deciphering financial terms
    • Each group attempts to define the common financial terms that they encounter on a day-to-day basis. E.g.: cash flow, BITDA, amortization , provision, IFRS standards, WC/WCR, margin, EBIT, break-even point, ROCE, turnover, debit/credit, ISIB, DSO, etc.

    Analyzing the company's activities via the profit and loss account
      • Calculating the income statement intermediate balance (ISIB).
      • Analyzing the self-financing capacity or" cash flow".
      • The 7-stage method for reading a profit and loss accoun

      Analyzing the financial strength of the company via balance sheets
      • The notions of WC, WCR and treasury.
      • Detecting areas of risk.

      Professional application: establishing financial diagnoses from the profit and loss account
      • CASE STUDY no. 1: comparing the balance sheet and profit and loss account of a company that is doing well and those of a company in difficulty by applying the method for analyzing accounting documents.
      • CASE STUDY no. 2: analyzing a balance sheet and a profit and loss account provided by the trainee (accounting documents concerning your company, a client, a supplier, a competitor, etc.).

      REGISTRATION

      • Code:GFM0354
      • Duration : 3days