Essentials of Finance & Accounting

Develop an understanding of finance and accounting with our three day Essentials program. This three-day program will arm you with a basic understanding of the accounting and finance concepts you need to assess your performance—and the performance of your competitors.

You’ll learn how to read, interpret and analyze financial statements. You’ll also learn forecasting and financial-planning approaches to help you with the budgeting process. You’ll get the basics of net present value (NPV) and capital budgeting techniques to apply when evaluating projects. You’ll gain an understanding of the role of costs in corporate decision making, including cost-volume-profit relationships, the role of costs relevant for different decision scenarios, and the incentive effects of cost allocations and their interplay. You’ll also review performance evaluation techniques and their relationship to incentives. Ultimately, you’ll learn to use financial information to make better strategic business and investment decisions.

Topics:

• Fundamental accounting and finance concepts
• Introduction to balance sheets, income statements and cash flow statements 
• Defining and using key financial ratios to assess the company’s performance 
• Using accounting and financial data to plan for the future 
• Time value of money and capital-budgeting basics 
• Understanding commonly used investment analysis techniques 
• Understanding cost/volume/profit relationships
• Performance metrics and measurement-based strategy 
• Implementation and performance evaluation