Training

Finance for non-financial managers

Duration:2 daysProvider:Venue:AEB office, Moscow, Krasnoproletarskaya ul. 16 bld. 3, entrance 8 (4th floor), nearest metro station - NovoslobodskayaLanguage:RussianCoach:Elena Zhukova
Elena ZhukovaElena Zhukova

Terms and Conditions

– The deadline for registration & payment is usually 5 days before the starting date of the course;
– Those who do not register and pay by the deadline will not be allowed to participate in the training;
– All payments are to be made by bank transfer;
– Once registration is closed, the fee is non-refundable.

Training objectives

  • To familiarize participants with the main aspects of accounting and financial management, such as  principles of financial statements and budget formation, cash flows and income management
  • To demonstrate to participants how financial information is analyzed, how it is vital for making management decisions
  • To train participants to effectively work with company’s financial statements
  • To exercise practical skills for forming budgets.

Training program:

Accounting and reporting

  • Principal accounting systems

§  Finance, tax and management accounting

§  Generally accepted accounting principles (IFRS/US GAAP)

  • Components of annual financial statements
  • Balance Sheet as a source of  information on company’s investments and sources of financing 

§  Balance Sheet equation

§  Main Balance Sheet sections

§  Balance Sheet analysis

§  Examples of Balance Sheet structure of well-known companies from different industries

Case study: Accounting for company’s operations, using “double entry method”, preparation of company’s Balance Sheet and its analysis

  • Income Statement (IS) as a source of information of  company’s business activity

§  Problem of revenue and expenses recognition

§  Income Statement formats

§  Definition of income (gross, EBITDA, operating, EBIT, net income)

§  Income Statement analysis

§  Examples of structure and trends of IS measures of well-known companies

Case study (continued): Preparation and analysis of Income Statement

  • Statement of Cash Flows (SCF) as an instrument of cash flows management

§  Structure of Statement of Cash Flows 

§  Methods of preparation of Statement of Cash Flows: direct and indirect

§  Analysis of Statement of Cash Flows 

§  Examples of structure and trends of SCF measures of well-known companies 

Case study (continued): Preparation and analysis of Statement of Cash Flows

Analysis of Financial Statements

  • Financial ratios

§  Return on operations (sales), profit margin

§  Business activity (assets turnover, working capital management)

§  Return on assets (ROA)

§  Financial solvency and liquidity

§  Return on equity (ROE)

§  Factor Analysis based on financial measures of well-known companies from different industries

Case study (continued): Analyzing the results of company operations using the financial statements completed on the first training day

Practice:

Training is conducted in an interactive form and includes a number of case studies. Training participants are provided with specially designed training materials in Russian.

Certificate

All participants will receive a certificate of attendance.

In case of questions or concerns, please, contact:

Alla Hovhannissyan, AEB Training Programs Manager: ah@aebrus.ru

Tel: +7 (495) 234 27 64 (ext. 114)