Training

Finance for Non-Financial Managers: Accounting, Analysis

Target Audience:Top managers and department managers. Administrative personnel, employees of sales, marketing and IT departments, with no special education in finance and accounting. CoachesDuration:2 days,16 hoursProvider: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 and advantages

  • To familiarize participants with the main aspects of accounting and financial management, such as principles of financial statements, 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

Training program
Part 1. 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
- мCase study (continued): Preparation and analysis of Income Statement

Day 2
 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

Part 2. 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

Methodology
• 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

All participants will receive a certificate of attendance