Finance
Finance can be defined as the art and science of managing money. Financial training is not only intended for those who work in finance but is also essential for everyone in a company to understand in order to achieve financial goals. Therefore, participants attending finance training can be divided into two main categories: those from the financial world (such as finance directors, controllers, finance assistants, analysts) and those from outside the financial world (managers and employees in sales, production, procurement, IT, HR, logistics).
Financial management
- Fundamentals of financial management
- Effective cash flow management for maintaining liquidity
- The link between official and management reporting
- Comprehensive financial analysis of the company
- Establishing key performance indicator systems
- A holistic approach to finance
- Company credit policies
- Cost structure and payment management
Working capital management
- Net working capital
- Strategic and financial importance of working capital management
- Cash flow
- Operational reduction of working capital
- Accounts receivable collection
- Inventory reduction
- Supplier monitoring
- Rules for maintaining an optimal amount of working capital
Company valuation
- Why are companies valued?
- Values for owners
- Market and book value principles of valuation
- Market indicators of company value
- Balancing different valuations
- Company valuation calculator
- Qualitative assessments
- Practical examples
Business plan
- Introduction to business plan methodologies
- Structure and templates of a business plan
- Essential components of a good business plan
- Efficiency evaluations
- Model creation
- Development process
- Timeline and deadlines
- Linking to the strategic business plan
Advanced financial statement analysis
- Advanced ratio analysis
- System of factors for reducing bankruptcy risk
- Cash flow ratios
- Industry ratios
- Credit rating
- Company valuation
- Investment ratios
- Developing financial models for sound decision-making
Models for financial statement analysis
- Creating models in Excel
- Establishing benchmark systems
- Measuring the impact of activities and strategy on company performance
- Model automation
- Technical tasks in Excel
- Creating direct connections with model users
- Providing qualitative feedback
- Creating a sustainable model
Cash Flow
- Income statement and Cash Flow
- Main sections of the CF statement
- Methods for preparing the CF statement
- Working capital management
- The relationship between company profitability and working capital management
- 7 cash generators
- Repayment plan
- Cash flow projections
Advanced Cash Flow
- Developing cash flow management models
- 5-year cash flow projections
- Model with quarterly operational cash flow tracking (13 weeks)
- Cash flow ratios
- Discounted cash flows (DCF)
- DCF as a key indicator of investment performance
- CAPEX analysis
- Structural models for cash preservation
Finance for managers
- Basic financial statements
- Understanding results from the income statement
- Overview of assets and liabilities from the balance sheet
- Cash flow monitoring
- Profitability analysis
- Liquidity analysis
- Accounts receivable collection, inventory management, supplier tracking
- Factors for improving company performance
Financial statement analysis
- Forms of income statements
- Horizontal and vertical analysis of the balance sheet
- Cash flow analysis
- DuPont analysis
- Profitability analysis
- Analysis of company activities and strategy
- Ratio analysis
- Developing models for quick financial statement analysis
Financial modeling
- Financial statements in models
- Principles of financial modeling
- The principle of the time value of money
- Excel as a modeling tool
- Sensitivity analyses
- Graphical representation of models
- File structuring
- Reporting tools
Accounting for non-accountants
- Accounting system
- Legal regulations and requirements
- Business books
- T-Account
- Taxes
- Valuation rules
- Closing books
- Accounting changes