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Business Finance

The program aims to provide fundamentals of financial thinking by teaching the nuances of applying financial information to decision-making and discussion procedures.
  • What is a profit and loss statement?
  • How to calculate the break-even point for your business?
  • What is the cost of production and what expenditures does it include?
  • What are the most effective tools for budget planning?
up to 15 people
2 days,
8 hours each
Functional efficiency
Training objectives
1
Introduce basic financial terminology, accounting and types of accounting, and financial analysis methods (ABC, XYZ)
2
Understand the difference between financial and managerial accounting
3
Use real-life cases to practice calculating a break-even point
4
Analyze models for forming basic financial KPIs
5
Introduce the basic principles of budgeting and financial responsibility centers (investment center, profit center, revenue center, and cost center)
6
Use business games to simulate the budgeting as well as the goal-setting procedure for the budgeted period

Develops following competencies
by The Lominger competency model


  • Information delivery

  • Professional/technical skills

  • Planning skills

  • Commitment to results

  • Timely decision-making

  • Prioritization skills
For you, we have elaborated the basic financial training course for non-financial operators. It is expected to help you assess the financial consequences of managerial decisions, to use the company resources available more consciously, and to manage expenses more effectively.
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We can adapt for online sessions and for your needs
I would prefer online format
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