Finance for non-finance

Objectives: Understanding the basic financial notions by the operational staff: financial indicators, profit versus cash, understanding the annual financial reports. Achievement of basic skills to achieve the department's budget.

Target audience: Personnel from manufacturing or service companies involved in operations, staff, and managers.

Duration: 2 days.

Agenda:

-Introduction
-The role of the Financial Department and the relations with the other departments
-Financial Terminology and Financial Flows of a Company
-The types and cost structures, the price and profit of the company
-The company's budget

• building
• monitoring and the main variables (sales, exchange rate)
• example for completion for the Production Department

- Annual financial reports - role and key elements in interpretation

• Balance Sheet
• profit and loss account (Profit & Loss)
• Case Study

-Cash flow

• what it is, importance and constraints
• money flow versus profit
• Case Study

-Previous financial indicators

• presentation and use
• performance analysis and improvement directions
• case study using SWOT

Trainer:
Trainer with experience in finance and controlling, accumulating in manufacturing companies, including the automotive industry.

For more information, please contact us.