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Youssef F. Bissada more>>
Emeritus Professor of Entrepreneurship and Family Enterprise
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Allow 3 to 4 hours for completion |
Price: € 80 + VAT
Price: € 100 + VAT (Finance is Child's Play 1 + 2)
Price: € 160 + VAT (Finance is Child's Play 1 + 2 + 3)
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You have converted a strictly number oriented subject into a story - where instead of learning elements and principles by rote, you go through the underlying concepts and explain the logic in such a way that the fundamentals are forever embedded! Thank you, once again!
(Manager Strategic Marketing, RGMI)
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At the end of the course, the participant will understand:
- The different levels of profitability
- The different categories of sources and uses of cash
- The impact of business decisions on the company profitability, its cash and its financing needs
- Why it is necessary to monitor the company performance and how this can be achieved
- The importance of cash and why some companies fail despite the fact they are profitable.
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Course Structure and content:
FUNDAMENTALS NEEDED TO START
Overview of key concepts covered in Finance is Child's Play 1
- Chapter 1: Select an appropriate production costing method
- Chapter 2: Structure the income statement
- Chapter 3: Structure the balance sheet intro into an economical /managerial format
- Chapter 4: Working capital requirement & efficiency ratios
- Chapter 5: structure the cash flow statementFUNDAMENTALS NEEDED TO START
COURSE PART II: Implementation of knowledge acquired, Welcome back Happy smarty (Year 2)
The purpose of this part is to enable participants to implement the learning acquired in part one by establishing the financial statements concerning the second year of operations of the microbrewery, analysing the results, diagnosing the strenghts and weaknesses and recommending a course of action.
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