Description
Gain the skills and confidence to navigate the financial landscape of any business, regardless of your role. This interactive training course will equip you with the tools to:
- Understand Financial Statements: Learn the nature and role of financial statements and how to interpret them effectively.
- Communicate with Financial Experts: Bridge the gap between financial professionals and non-finance colleagues by understanding their language and effectively communicating financial concepts.
- Analyze Business Performance: Utilize break-even analysis and financial ratios to assess an organization’s financial health and performance.
- Evaluate Investment Opportunities: Explore various investment appraisal methods and gain insights into investment and banking products like bonds, equities, mutual funds, and foreign exchange.
Course Format:
This interactive training course combines instructor presentations, Q&A sessions, group exercises, discussions, real-world case studies, and videos. Due to the personalized nature of the content, we have a limited number of participants.
Target Audience:
This course is designed for non-financial professionals who need to read, interpret, and contribute to business financial reports, including:
- Professionals in the banking industry
- Individuals interested in finance
- Sales and marketing professionals
- Supply chain professionals
- Project managers
- Human resources professionals
- Legal professionals
Benefits:
Even without a background in finance, participants will develop a clear understanding of financial statements and analysis. This knowledge will enable them to:
- Read financial statements confidently, whether analyzing a customer’s financial situation or understanding the financial implications of their own work.
- Communicate effectively with financial professionals and make informed decisions.
- Evaluate the financial impact of their decisions on the company and their own career.
- Provide better service to customers by understanding their financial needs and the implications of their performance.
Key Takeaways:
By the end of this course, you will be equipped with the financial literacy to:
Understand and interpret financial statements.
Communicate effectively with financial professionals.
Analyze business performance using key financial metrics.
Evaluate investment opportunities and make informed decisions.
COURSE AGENDA
08:50 – 09:00 Registration
09:00 – 10:30
- Basic macroeconomic principles discussed on the Business cycle (ie. growth/recession, interest rates, monetary policy, inflation, unemployment)
- The role & purpose of financial management.
- Building financial statements on a newly established company (Balance sheet, income statement, cash flow)
- Practice/exercise on building basic elements of financial statements – use of excel spreadsheets.
10:30 – 10:45 BREAK
10:45 – 12:00
- Profit vs cash. Discover how and why finance is concerned with cash flow versus profits and why that matters for your business. Practice/exercise using excel spreadsheets.
- Ratio analysis. Financial statements analysis to evaluate financial performance to improve liquidity, profitability, & efficiency.
- What do we need to look at Financial Statements so to make decisions on the credit policy for a customer and/or whether to collaborate as a stakeholder (supplier, customer,…)
12:00 – 12:15 BREAK
12:15 – 13:45
- Investment Appraisal Tools. Understand the payback period, net present value and internal rate of return methods of project appraisal in decision-making.
- Break-even analysis
13:45 – 14:15 LUNCH BREAK
14:15 – 16:00
- Case studies and practical exercises performed by participants – Group work.
16:00 Closing and wrap up.
Lecturer
Lefteris Papadopoulos, FHEA
Over 25 years of international experience in the banking industry, specializing in wealth management, investments, personal, private, and retail banking, credit management, network and sales management, project management, banc-assurance, business planning and development, and training.
Previous roles at Citibank, Banca Romaneasca, Credit Agricole Bank Romania, Millennium Bank, Metlife-Alico, and Coca-Cola Greece.
- Served as an expert/evaluator for the European Commission’s EIC Accelerator program, evaluating business proposals.
- Over 30 years of experience as a lecturer, seminar designer, coordinator, and instructor in the areas of finance, investments, operations management, sales, negotiation, and leadership.
- Fellow of the Higher Education Academy (FHEA) in the UK.
Course Details:
Date: 18 February 2025, between 9:00 – 16:00
Delivery: Online via Zoom platform
Language: English
Translation: A document with translations of key financial terms in Romanian will be provided.
Certificate: Participants will receive a certificate issued by RBI (under the aegis of the founding members: NBR and RAB).
Maximum Participants: 18
CONTACT & REGISTRATION
Mihaela Radu, Training Specialist, mihaela.radu@ibr-rbi.ro : 0748886807