Finance for Non-Financial Executives
Are you looking to improve your skills to assess the financial strength of a company? Are you a non-financial executive? We have the right program for you! The Finance for Non-finance Executives 3-day workshop is created for non-financial executives who want to have clear explanations, personal attention, and real-life examples on finance. It will be an exciting and fun way to help you be able to:
- Know how to read & understand financials very well: a Balance Sheet, Income Statement, Cash Flow Statement, and Financial Projections.
- Judge business plans, especially when a company is facing financial difficulties.
- Predict future cash flows and assessing a credit risk rating by hand.
Target Group
This program is created for any non-financial executive who is striving to get a deeper understanding of the financials of a company. These onsite sessions will be held for up to 25 participants.
Methodology
The first session of this 3-day workshop will be used to refresh knowledge, especially about cash flows. Thereafter, each morning and afternoon session will be spent on a case, applying a five-step learning process:
- A classroom introduction to the case
- Read and consider each case on your own
- Share your ideas with your team (+/- 5 participants)
- Discuss the case in class
- Reflect on how your initial ideas changed
Benefits
The goal is to be able to read & understand financials in a higher level. Therefore, you will benefit from the following subjects:
- Understanding the basics: balance sheet, income statement, cash flows
- Measuring the debt burden
- Judging liquidity
- Identifying warning signals in the cash flow statement
- Drafting an industry analysis
- Assessing management quality and reliability of financial information
- Preparing a financial projection to assess future cash flow quality
- The impact of the corporate strategy and business plans
- Assessing a risk rating by hand (=not by computer)
About the Trainer
Erik de Jong has worked at ING Bank for 22 years in the area of international credit risk management as a full-time trainer, manager, and analyst. Since 2010, he has been a freelance trainer and has trained professionals worldwide.
The Program
- The toolbox
- Cash flow analysis
- Measuring the debt burden and liquidity
- Industry analysis and “Product Life Cycle ó Cash Flows”
- Financial projection “Back to the Future”
- Management’s Attitude & Reliability of financials
- Conclusions & Evaluation