Finance for Non-Financial Managers

Kategoria: Finanse, Szkolenia księgowe i finansowe

Dostępne terminy Drukuj szkolenie

Zapytaj o najbliższy termin szkolenia: biuro@adnakademia.pl

Exclusive, intensive training course delivered in English for all people involved in finance and accounting departments who must use English in their work.

Bartłomiej Nita holds his Ph.D. in economics and financial management and works as an associate professor in the Institute of Accounting in the Faculty of Management, Computer Science and Finance at the Wroclaw University of Economics. He also studied finance and accounting at the University of Limerick in Ireland. He co-operates with a consulting firm, where he delivers advisory services for various companies and institutions. He is the author of many economic studies and restructuring programs for enterprises and institutions as well as he deals with corporate valuations for the purposes of ownership transformation and the Economic Court. In practice, he designs systems of controlling, accounting and financial management. He is also a business coach, and as a trainer explains complex issues in a clear and understandable manner with passion and commitment. In order to enhance his training competences he graduated from the School of Tutors. He delivered training programs for several Polish and foreign businesses, including Polish Telecommunication, Metsa Tissue, Axel Springer, Latex, POCH Polish Chemical Reagents, Martifer. He is also the  lecturer at Executive MBA Program in Poland (Warsaw Business School) and abroad. He published more than 100 scientific academic papers and several books.

Financial managers, employees involved in finance departments, accountants, controllers, managers at all levels in organizational hierarchy, all interested in the subject .

• to explain basic financial terms and concepts in English
• to show the structure of financial statements and the most important financial ratios
• to present the procedures for cash budgeting and how to evaluate the additional funds needed amount
• to depict the techniques of managerial accounting and controlling
• to explain basic investment appraisal methods

• interactive lecture
• presentations of various examples from practice
• tutorial exercises

1. Basic Financial Terms and Concepts:
a) fundamental financial terms and cost concepts – how to recognize variable and fixed costs, direct cost and overhands etc.,
b) financial accounting versus management accounting and controlling – practical consequences,
c) elements of financial statement (balance sheet, profit and loss account, cash flow statement),
d) interrelationships among different elements of financial statement,
e) key terms and concepts (EBIT, EBITDA, cash flow etc).

2. Financial Analysis:
a) financial ratios:
• liquidity ratios,
• profitability ratios (ROI, ROA, ROS),
• debt ratios,
• asset management ratios,
• market ratios.
b) the DuPont System as a comprehensive tool for investigating the reasons of financial situations,
c) financial planning – cash budgeting,
d) cash conversion cycle and net working capital management.

3. The use of accounting information and controlling in management support:
a) cost assignment – how to assign overheads to products and services,
b) product costing – how to establish unit product cost,
c) variable and absorption costing – how to prepare profit and loss account statement according to law and for controlling purposes,
d) cost-volume profit analysis – how to calculate break-even point and margin of safety,
e) operating leverage and Financial Leverage.

4. Investment Appraisal and Management:
a) time value of money – the impact of time on the value of money,
b) different criteria used for investment appraisal:
• net present value,
• internal rate of return,
• payback period,
• book rate of return,
• profitability index.
c) risk analysis and investment appraisal.