ATMSM-PA
Financial basics
Accounting, corporate finance in an accessible format.
Description
- Which financial indicator means what?
- What are the principles of financial planning at company level?
- What tools should be used to decide on the financial impact of an investment?
The aim of the training is to introduce participants with a non-financial background and interest to the world of corporate finance in a clear and understandable way, to familiarise them with, identify and interpret the most important indicators and ratios, to understand the basics of corporate accounting and thus to interpret financial reports and specialised terminology.
Suggested For
The programme is recommended for people who need to understand corporate finance processes for their job, but do not have a finance degree.
Outline
- Accounting information quality factors
- Relationship between financial and management accounting information systems
- The principle of accounting balance sheet equilibrium
- Profit and loss account
- Cash flow statement
- Relationship between accounting statements
- Effect of economic events on the elements of the accounts
- Accruals and reconciliation principle
- Cash and cash equivalents versus profit and loss
- Depreciation
- Presentation of accounting records
- Corporate cost structures
- Calculation of margins
- Calculation of total cost versus marginal cost
- Working capital management
- Application of financial accounting indicators
- Basic knowledge of liability accounting
- Principles of business planning
- The concept of cost of capital
- Time value of money principle and its application
- NPV, DCF, IRR as factors in investment decision making