Financial skills have become crucial for every business professional who is involved in decision-making. Understanding of fundamental financial principles can help to make more rational and justified decisions which are backed up with calculation.
This course provides you with all the tools you need to effectively analyze your business or work from a financial performance perspective. You will be able to analyze the three financial statements and how they are linked with each other: the Profit & Loss Statement (P&L), the Balance Sheet, and the Cash Flow Statement. You will learn how to analyze the performance of the company or your department even further by using key financial ratios. The course will cover Investment Appraisal, which means how to determine whether a new investment or new business venture will provide a good Return on Investment. This course has a high level of involvement-on. For each section of the course, once you learn the structure and approach, you will do practical tasks, quizzes, and exercises. We will use the same fictional business throughout the course for the financial statements and analysis, as well as further financial ratio analysis.
Delegates can expect the following outcomes from attending this course:
- Understand the structure of the P&L, the Balance Sheet, and the Cash Flow Statement
- Be able to grasp the financial statements to understand the performance of the business
- To understand the connections between the three fundamental financial statements
- Know how to manage Working Capital to increase cash flow on the same revenue
- Understand how to use financial ratios to analyze the performance of the business
- Get an essential understanding of budgeting and how to connect it with your strategy
What will you gain
- Acquire fundamental knowledge of financial principles to improve budget management
- Become an advanced decision maker with the help of modern financial tools and methods
- Understand how provisions such as bad debts and warranties affect your P&L
- Be aware of how to understand the Balance Sheet and analyze Working Capital
- Grasp the essentials of the structure of the Cash Flow Statement and its importance
- Know how accruals and prepaids are dealt with on the three fundamental financial statements
- Realize the importance of optimum asset utilization and its practical application
- Know how to efficiently use breakeven analysis for better decision making
- Use variance analysis for successful operational controlling and monitoring
- Understand budgeting foundations and be able to operate with various budgeting approaches
- Apply Investment Appraisal techniques (ROI) to evaluate investment decisions
Course schedule sample one day
|08:30 AM||-||10:00 AM||-||First Training Session|
|10:00 AM||-||10:15 AM||-||Coffee Break|
|10:15 AM||-||12:00 PM||-||Second Training Session|
|12:00 PM||-||12:15 PM||-||Coffee Break|
|12:15 PM||-||02:00 PM||-||Third Training Session|
|02:00 PM||-||03:00 PM||-||Lunch and Networking|
Fees & what is included
|Early bird 70 days before course start date||Early bird 25 days before course start date||Regular Course Fee|
|USD 3,400.-||USD 3,900.-||USD 4,400.-|
- For early registrations special prices apply as outlined above.
- All fees are exclusive of VAT. Tax Registration Number : 100312636200003.
- Companies - register 2 participants for the same course and date and get one place free.
- Only one type of discount can be applied to the same course & date registration.
- For larger corporate clients there are special packages. Contact us for details.
At Atton Institute we do our best to ensure that all our courses and trainings are provided with the highest industry standards, are time efficient and praxis related, and bring the best education results. Our courses have the most up-to date info and secure the excellent course fee to value ratio quality.
Course Fee Includes
- The role of finance and accounting in the modern organization
- The proper relationship between finance and operations
- The main three financial statements
- Quick overview
- The purpose of financial statements
- The purpose of profit
- Understanding and analyzing the P&L
- Direct costs and indirect costs
- Analyzing gross profit
- Analysing operating expenses
- Defining more controllable vs. less controllable costs
- Comparison and contrasting EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), EBIT (Earnings Before Interest and Taxes) and PAT (Profit After Tax)
- Reading the P&L for the “story of the business.”
- Gross margin vs. mark-up
- The 1% difference
- How small changes leverage to big changes
- Allocation of overheads to the operations
- Two forms of analysis and its difference
- Vertical analysis
- Horizontal analysis
- Performing an Interpreting vertical and horizontal analysis on the P&L
- Understanding and analyzing the Balance Sheet
- Balance Sheet Structure: Assets, Liabilities and Owner’s Equity
- Reading the Balance Sheet to extend the “story of the business”
- Analyzing Working Capital
- Analysing the capital structure
- What does a “weak” Balance Sheet vs a “strong” Balance Sheet mean?
- Accrual accounting
- The Revenue Recognition Principle
- The Matching Principle
- Sales commissions
- Managing Prepaid Expenses and Customer Advance Payments
- Effect on the P&L, Balance Sheet and Cash Flow Statement
- Depreciation calculation method
- Depreciation effects on the P&L and the Balance Sheet
- Depreciation as accrual accounting
- Understanding and analyzing the Cash Flow Statement
- The structure of the Cash Flow Statement: Operating Cash Flow, Investing Cash Flow, Financing Cash Flow
- Free Cash Flow
- Extend the “story of the business” even further with the Cash Flow Statement
- The link between Working Capital and Cash Flow
- How the P&L, Balance Sheet, and Cash Flow Statement connect
- Ratio Analysis
- Profit ratios: Gross Margin, EBITDA Margin, Net Margin
- The Dupont Ratios: arriving at ROA (Return On Assets), ROCE (Return On Capital Employed), ROE (Return On Equity)
- Liquidity ratios: Current Ratio, Quick Ratio
- Operational efficiency ratios: Inventory Turn/Days, Days Sales Outstanding, Days Payable Outstanding
- Financial risk ratios: Leverage Ratio, Interest Cover
- Breakeven analysis (cost-volume-profit analysis)
- Unit contribution and contribution margin
- Determining the breakeven volume and revenue
- Determining the required volume for a target profit
- Volume targets to maintain profits after price changes
- Using breakeven analysis as a criterion in decision making
- Budgeting and controlling
- The connection between the budget and strategy
- Different budgeting approaches
- Sales budgeting
- Expenses budgeting
- The steps in the budgeting process
- Information flow in the budgeting process
- Controlling and variance analysis
- The role and function of controlling
- Variance analysis
- Investment Appraisal for capital budgeting and business expansion (ROI – Return on Investment)
- What is investment appraisal?
- Determining the investing cash flows
- The first filter: Payback Period
- The time value of money
- The cost of capital (discount rate, WACC, hurdle rate, etc.)
- Deciding the required/targeted rate of return (WACC)
- Net Present Value (NPV)
- Internal Rate of Return (IRR)
- Sometimes we invest despite a poor ROI!
We use the best and latest educational praxis. All of our courses and trainings are designed using our unique Atton LPI Learning Methodology© which guarantees the delivery of extensive knowledge over a short time period with an easy-to-understand approach. All course materials are absolutely unique and are the combination of fundamental and systematic knowledge, practical studies and real-life implementation elements.
We deliver in our 3- to 5-days trainings knowledge and skills which are commonly delivered over a much longer period of time – thus truly saving our participants time and money.
Each course has a comprehensive description and content breakdown, which means you can easily check how a certain training may fit your expectations and requirements.
If your aim is to obtain the most wide-ranging overview in a certain area of expertise, we commonly suggest that you choose one of our popular trainings in the relevant category. The popular trainings cover the widest scope in each area and for this reason they are greatly valued by our participants.
If you need help in choosing the best course for you, please get in touch with our STUDENTS SUPPORT DEPARTMENT.
There are various payment options – cheque, cash, and bank transfer. It is essential to note that the earlier you register, the larger the applicable discount on your admission fee.
For details on the available discounts and special training admission fees, please see the section “Course fees and discounts” on the course page.
Each course participant obtains the Atton Institute Course Completion Certificate, which is protected by means of several authentication elements. Each Atton Course Certificate can be additionally verified by contacting our administrative office or via the special online authenticity check system on our website.
Professional, up-to-date expertise is one of the most powerful elements of success in the modern business and career environment.
Our Courses and Trainings are highly useful for business owners, management and employees at all levels and provide, in a highly effective way, current and solid professional development qualifications and skills combined with practical real-life essentials.
- Choose your course (feel free to get in touch with us for support).
- Select the desired date and location of the course.
- Proceed with course registration (online or via e-mail or phone).
- Upon registration, you will receive invoice to finalize the registration.
- Upon payment of the Admission Fee, your course registration is completed.
Each training is repeated a certain number of times over the year, and thus you have the option to choose the most suitable date for you. If you wish to benefit from the option of a course fee discount, be sure to register in advance.
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