Finance for non financials profiles

About the training

This training aims at developing skills of non-financial profiles who often need to use economic and financial tools (presentation of a new offer, contribution to the annual budget ...).

More and more non-financial professionals have to use and master the interpretation of economic and financial information, especially the balance sheet, the income statement, cash flows and an understanding of shareholders’s challenges. Indeed, decisions made without even a first-level understanding of financial logic can lead to decision that reduce potential profits or value for the shareholders.

By increasing their knowledge of financial tools, participants become better able to manage revenues, costs, profits and the corresponding cash flow. They are also able to use their new financial skills to make more realistic and effective decisions.

Many practical cases and exercises (which can be contextualized to your company) come to put the theory into practice.

Pedagogical modalities

The training is provided either face-to-face or through webcasts.

Skills developed during this training

Pedagogical objectives

• Popularize the corporate finance concepts and be sensitized to the basics

• Make participants able to use financial information when they need it

• Make non financial profiles contribute to financial tasks such as re-forecasting budget elaboration, business modeling,…

• Use of economic and financial information to better guide medium and long-term business decisions

Topics covered

• Financial statements

  • Understand the main elements of a financial statements and an annual report

  • Master the basic of accounting to elaborate a financial statement

• Operating costs

  • Know the different cost categories and their breakdown principles

  • Use cost assumptions to make business decisions

• Exchange rates and taxes

  • Understand the financial impacts of international projects and exchange rates

  • Integrate the impact of taxes while operating a project

• Information supporting investment decisions

  • Understand what is the return on investment and the calculation of its realization period

  • Appropriate the concepts of shareholder value and cost of capital

Targeted audience of the training

Directors and managers that are likely to use of economic and financial information on a regular basis. or that use these data to improve the reliability of their analyzes.

REQUIREMENTS

Prior knowledge of accounting and financial concepts are not required.