Finance for non-financial professionals

Course objectives

By the end of the course, participants will be able to:

• understand what the most common economic notions mean 
• connect those notions and the main business and financial indicators 
• pinpoint their contributions to the company’s results and future

Programme

The training programme:

All the economic issues

• Concepts 
• The project life cycle 
• Roles and responsibilities in project management

The content of the balance sheet and profit and loss account

• Know how to read a balance sheet 
• Understand the profit and loss account 
• Pinpoint the role of the main players: general management, financial management and operational management

How the balance sheet and profit and loss account works

• The impact of management decisions on the balance sheet — illustrations using the company of Mr Smith
• Impact of management decisions on results — illustrations using the company of Mr Smith

The issues and major balances in the balance sheet and profit and loss account

• The major balances in the balance sheet — WC, WCR and cash flow
• The analysis of the P&L account — MIS

Your contribution

• On the value creation tree
• To the free cash flow stream

e-Learning modules

e-Learning modules you will receive with this course:

• Decoding the balance sheet and income statement 
• Analysing and evaluating corporate financial data 
• Relating your contribution to value creation

Course duration

1 day + 3 e-Learning modules

Who should attend?

This course is aimed at:

Technicians, supervisors, team managers and line managers