Finance for Non-Financial Executives
Detailed Description
Purpose – Benefits
The two-day, value-for-money, program is a synthesis of basic principles and tools, necessary for correct decision-making, defining – controlling strategy and supporting business proposals. We familiarize ourselves with the Financial Statements and by drawing information from them we approach “Business Risk”, delving into the concepts of “Working Capital”, “Breakeven”, “Leverage”, “Profitability” and “Value Creation”.
Through selected applications and examples, participants will strengthen their knowledge and confidence, understanding how these concepts are integrated into their organization’s strategies and financial performance. They will be trained to identify “sensitive” points by evaluating any risks and benefits. Thus, they will be able to understand their own contribution more fully to the overall success of their organization, through making better and more informed decisions.
Duration: 14 hours
What does the Training Program provide ?
Topic
- Overview of Financial Statements
- Property & Capital Structure of the Company
- Balance Sheet, Profit and Loss, Cash Flow Statements
- What they reveal and what they don’t reveal. Where an external analyst will focus
- Gross & Operating Results
- Profits Vs Cash Flow: How Are Accounting Profits Different from Cash Flows
- Examples from Published Statements
- Working Capital
- Commercial & Operating Cycle of the business
- Net Working Capital. What is it and how is it calculated?
- The Dynamics of Working Capital. Management, Sources & Causes of Deficiency
- Cash Planning
- Financial Planning & Control
- Break Even Point, Contribution and Safety Margin Analysis
- Business Risk – Leverage Analysis
- How Cost Structure Affects Profitability and Strategy Making
- Measurement of “Sensitivity” of Operating Profits to changes in Sales
- Financial Structure. Foreign & Equity Capital
- Performance Measurement
- Return on Equity (ROE) & Capital Employed (ROCE)
- The effect of Lending (Financial Leverage) on Efficiency
- Targeting & Performance Measurement in the light of Value Creation
- Vulnerability Targeting Tools – The Value Tree Model
- Economic Value Added (EVA)
- Free Cash Flow
- Evaluation of Investment Plans
- When is an investment considered the “Right” choice?
- Methods of Evaluation of Investment Proposals
- Value Creation & Sources of Uncertainty
- Application of the Methods through case analysis
What Is the Participation Procedure ?
- Contact us via e-mail at: tuvacademy@tuv.al
- Complete the application form
- Book your participation
- We will follow the whole process from start to finish.
Who Do I Contact for the Certification ?
Phone: +355 4 45 00 523/4
Email: tuvacademy@tuv.al
