Management
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Finance for non-financial managers

Business coach - Natalia Shevchenko

Visiting BSK teacher, teaches "Financial and Managerial Accounting" course on the General MBA program. She is a partner and works as the financial director of the consulting company Otten.  Opens internal link in current windowRead more

Lecture hall:

  • Heads of all levels, personnel reserve

 

Purpose of the Workshop:

  • Learn how to create and analyze a company's financial model;
  • Learn the methodology of the report, depending on the type and purpose of reporting analysis;
  • To master the methodology of reporting analysis;
  • Learn the basics of budgeting and risk management

Register

Format:

  • February 20-21, 2 days   from 10:00 to 18:00.
  • Group no more than 15 people. 
  • Individual approach

Cost and discounts: 5500 UAH

  • 5% - 2 members   from one company
  • 10% - 3-5 participants   from one company
  • 12% - students   and   Graduates of BSK programs

Included in the price:

  • Author's handouts;
  • Nominal certificates of participation;
  • Coffee breaks

Register

TRAINING PROGRAM

1st Day

10:00 – 11:30

Topic 1. Outline. Basic Terminology

  • Course objectives and work plan
  • An overview of financial terms
  • Major mistakes in business
  • Financial strategies
 

11:30 – 11:45

Break

11:45 – 13:15

Topic 2. The financial picture as a test of business success

  • What is the business picture
  • Financial information
  • How to understand whether a successful business
  • Practice: count = manage
 

13:15 – 14:00

Lunch Break

14:00 – 15:30

Topic 3. Cash flow and financial plans

  • Cash flow or Cash Flow Report: how to compile and use it
  • Financial plans and forecasts
  • Business plan (financial part)
  • Practice: financial forecast
 

15:30 – 15:45

Break

15:45 – 17:30

17:30 – 18:00

Topic 4. Income and expenses. Prices

  • Income statement
  • Fixed and variable costs
  • Cost
  • Sales price and how to calculate it
  • Practice: how to calculate the sales price
  • Questions & Answers
 

2nd Day

10:00 – 10:30

10:30 – 11:30

Topic 5. Balance. Business financing

  • Summary of 1st Day
  • Balance: goals, structure
  • Business financing
  • Loans, loans and grants
  • Practice: a decision to buy a business 
 

11:30 – 11:45

Break

11:45 – 13:15

Topic 6. Budget and Financial Analysis

  • Financial indicators: what is important to know and how to choose
  • Budget and budget cycle
  • CVP analysis and break-even point
  • Practice: how to maximize profits
 

13:15 – 14:00

Lunch Break

14:00 – 15:30

Topic 7. Basics of Financial Management

  • Resource management
  • Risk and profitability
  • Controlling and control
  • Project analysis
  • Practice: management decisions
 

15:30 – 15:45

Break

15:45 – 17:15

17:15 – 18:00

Topic 8. Fundamentals of taxation

  • Types of taxes
  • Taxation systems
  • Three milestones of the Tax Code
  • Practice: we count taxes
  • Questions-Answers. Wrap-Up.