Concept
The participants receive a systematic overview of the most important topics in finance and accounting.
Participants
Participants are managers, specialists and top performers from all areas who
- do not yet have in-depth knowledge of finance and accounting
- want to systematically educate themselves in the area of financial management
- want to recognize the financial consequences of their decisions
- are or will be responsible for financial results such as profit, cash flow or return on investment
Topics: Further training in finance and accounting
Achieving financial goals
- Which financial goals are important
- What can good financial management achieve?
The most important instruments
- Instruments for controlling a cost center, a profit center and the company
Cost accounting
- The basics of cost accounting
- Contribution margin calculation
- Process costs
- Target costing
- Costs and pricing strategy
The planning
- Ambitious but feasible planning
- Turning strategies, concepts and projects into plans
- Planning the break-even point
- Profit margin and profitability
- Liquidity planning
Budgeting
- How plans become a budget
- The budgeting process
Apply for investments
- Apply for the investment project
- Investment planning
- Profitability calculation
- Pay-back period
- Make or buy, outsourcing
Capital requirements
- How much capital does a business need?
- Where is this capital tied up?
- How much capital commitment makes sense?
- Cost of capital
Financing
- Financing with equity capital
- Financing with debt capital
- Short and long-term financing requirements
- Forms of financing
Interpreting key figures correctly
- Understanding, correctly interpreting and using controlling key figures and data
Balance sheets, annual report
- Reading balance sheets, knowing key figures
- Profit and loss account
- Cash flow statement
Financial results
- EBIT, EBITDA
- ROS, ROCE, ROI
- Cash flow, and other key figures