Managers in multifaceted organizations are seldom encouraged to consider their value-chain position or the value created by all the players involved. Indeed, many executives are not confident in their knowledge of the underlying principles and practical applications of basic
investment-appraisal techniques.
This innovative, action-oriented, hands-on program is designed for non-financial managers who wish to learn how accounting and financial processes work, and how to interpret the powerful messages that can emerge from the numbers. Finance for the Non-finance Executive (FIN) focuses on identifying and removing financial management roadblocks and helps establish a sustainable program on financial discipline and awareness.
Key topics:
Developing awareness of external financial markets and their effects on management decisions
Explaining relationships between revenue and costs and asset management; how return on capital employed (ROCE) is built from these two components, and how profit differs from cash
Forensic analysis of cash-flow statements to predict financial stress
Understanding the basic valuation framework surrounding investment decisions; measuring consequences of time adjustment, amounts of relevant cash flow, and risks
Introducing new techniques in cost measurement, such as activity-based costing and value-chain analysis; discussing the relevance of these tools
Effective cooperation with internal and external financial specialists
Information on participating / attending:
Target audience: Senior or mid-level managers from a non-financial background interested in gaining a better understanding of financial principles.
Tuition: 5,500 EUR
Date:
10/23/2017 09:00 - 10/27/2017 17:00
Event venue:
ESMT European School of Management and Technology GmbH
Schlossplatz 1
10178 Berlin
10178 Berlin
Berlin
Germany
Target group:
Business and commerce
Email address:
Relevance:
transregional, national
Subject areas:
Economics / business administration
Types of events:
Seminar / workshop / discussion
Entry:
03/30/2016
Sender/author:
Bianca Schmitz
Department:
Corporate Communications and Marketing
Event is free:
no
Language of the text:
English
URL of this event: http://idw-online.de/en/event53813
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