Up-and-coming managers and functional specialists need a systematic overview and understanding of finance and managerial accounting, and how they contribute to superior management. As a manager, you need to understand financial decisions, and with increased responsibility, direct those decisions competently.

Up-and-coming managers who are already, or will soon be held accountable for results, costs, contribution margins or profit goals
Managers of profit centers, business units and divisions who do not come from a financial background
Specialists and professionals from all business fields who are looking for a systematic introduction to finance
This program is not designed for financial specialists. CFOs, Financial Directors or COOs. They may want to consider our Finance for Executives.

If you are a manager from a non-financial background, this program will familiarize you with essential financial terminology, concepts and applications. It enables you to analyze and interpret commonly used financial information in making business decisions and to work more effectively with the financial managers of your organization.

Foundations of Financial Management

• Systematic overview of results-oriented financial management
• What you, coming from a non-finance background, need to know about finance
• The financial tool box

Financial Statement Analysis

• Importance of financial statements
• Limitations and structure of financial statements
• Financial ratios, including risk and economic profit analysis

Modern Financial Instruments

• Overview of financial markets
• Alternative sources of capital
• Recognizing capital and financing requirements

Evaluating Investment Opportunities

• How you can evaluating new projects and investments
• How to choose the right hurdle rate
• How you can determine the return on investment

Managing Costs and Cost Accounting

• Overview of modern cost accounting
• Recognizing and allocating true costs

Performance-Based Budgeting

• The planning and budgeting process
• Forecasting cash flows and cash requirements
• Budgets focused on accomplishing corporate objectives

Effective Management Reporting and Controlling

• Understanding and evaluating your controlling reports
• Formulating your own reporting requirements

Financial Performance Measures

• Choosing the right financial indicators
• Aligning financial performance measures with strategy

Increasing Enterprise Value

• Assessing the financial strength of your organization
• Various approaches to valuation

Understanding Stakeholders' Expectations

• Shareholder versus stakeholder versus customer value
• What you need to know about investors and capital markets

For registration, please click the link below.


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