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
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.
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
10/23/2017 09:00 - 10/27/2017 17:00
ESMT European School of Management and Technology GmbH
Business and commerce
Economics / business administration
Types of events:
Seminar / workshop / discussion
Corporate Communications and Marketing
Event is free:
Language of the text:
URL of this event: http://idw-online.de/en/event53813
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