More informations on : http://www.actiononline.fr/parcours/finance-pour-managers/
Learning goals:
1- Master the reading of the financial statements.
2- Be more comfortable with the financial analysis key ratios.
3- Get the impacts of one's decisions on cash, balance sheet and profit and loss statement.
Chapters
- Introduction
- Balance Sheet
- Profit and Loss Statement
- Financial Balances
- Conclusion
- Quiz - Reading of the financial statements
A word from the author
"To have a financial vision is essential to any manager who wants to know better the financial health of a company, be it a competitor or a customer, or to better understand its operating system.
The financial statements are a comparison of 2 or several financial periods (balance sheet, profit and loss statement and accounting notes), in order to determine the financial health of the company.
The financial statements allow to answer the 5 following questions :
- Has the company a sufficient level of cash to face its short-term commitments ?
- How important is the equity financing compared to debt positions ?
- What is the global capacity to borrow ?
- What is the Days Sales Outstanding (DSO) ? What is the Days Purchases Outstanding (DPO) ?
- What is the inventory turnover rate ?"