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Who should attend?
The seminar is addressed to executives, whose immediate problem is to fill the gaps in their financial knowledge quickly, effectively and in a way which relates what they have learned in their day-to-day operations. This course is designed to give non-specialists a rapid appreciation of the fundamentals of finance and the impact of management decisions on the financial health of a business.
Program Contents
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 practical 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 language.
About the speaker
René Magdalenić, Management Development & Training, Brussels, Belgium
PROGRAM DETAILS
Modul I - Date: February 9 - 12, 2010
Modul II - Date: March 8 - 11, 2010
Tuition Fee: € 2.500 + 20 % VAT |
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