Finance for Non-Financial Managers - in Slovene

Seminar is full!

Program Structure

Part I: February 14 - 17, 2012
Part II: March 20 - 23, 2012

Understand the language, concepts, and practical applications of financial and management accounting

Who should attend

Executives wishing to improve their understanding of the fundamentals of finance and the impact of management decisions on the financial health of a business

Program Content

The manager involved in the decision making process which affects the health of his company is being pushed more and more to make his decisions from a base of financial knowledge and understanding. Management action is more frequently expressed in financial terms and its success or failure measured against financial standards.

Understand the language and concepts of financial and management accounting as well as its application in the company's everyday practice;
Develop better communication skills and foster greater confidence in communicating with specialists;
Evaluate and interpret the usefulness of different costing approaches by analyzing their practica applications as well as their motivational aspects;
Use this new learned techniques and information immediately in practice and motivate further study in the future.

Topics Covered

Accounting reports of a company
How to interpret the company's financial statements
Breaking even and making profit
Sales mix and cost allocation
Business entity as an investment enterprise and user of capital
Management control and budgeting

The seminar is organized in two parts during two separate weeks. The first week is designed to give the non-specialist a rapid appreciation of the fundamentals of finance and accounting as well as the impact of some crucial management decisions on the overall financial health of a business. All these topics are supported by case studies and the participants will work on a business game with personal computer support. The topics in the second week cover specific decision-making areas such as costing, profit planning, capital budgeting and management control.

The Program will be held in Slovene.