By shoring up your financial literacy, you will become more confident and comfortable talking about topics of a financial nature.
This is turn will improve your credibility, as many of your financial decisions will involve the ability to process accounting information. Using practical examples, you will develop your ability to read and interpret financial reports for the purpose of zeroing on your business’s strengths and weakness and evaluating your overall performance.
You will also have an opportunity to become more familiar with the financial repercussions of management decisions. The end result will be a decisive increase in self-assuredness and integrity.
GOALS
- Become more familiar with accounting and financial terms.
- Learn to read and interpret financial reports.
- Be aware of the financial repercussions of management decisions.
IS THIS FOR YOU?
- Mid-level and senior executives
- Managers
- Analysts
This program is for you if:
- You are not an accounting or financial professional.
- There is a financial aspect to your duties.
SPECIAL FEATURES
- Practical approach that yields immediately applicable improvements in financial and accounting literacy.
- Instructors with a particular talent for expressing complex financial concepts in simple, easy-to-understand terms.
Participants will receive a certificate of completion from Executive Education HEC Montréal.
Accounting and financial vocabulary
- Definition of a financial statement
- Value of financial statements
- Structure of financial statements
- Reading and comparing financial statements
- Overview of main types of assets/liabilities and income statements
- Common notes to financial statements
- Management report
- Various types of independent auditors’ reports
Business diagnostics
- Financial ratio analysis
- Cash flow analysis
- Breakeven point
- Short-term viability
TRAINING APPROACH
- Lectures.
- Group discussions.
- Application of lessons learned using concrete examples and business cases.
- Computer use (Excel).
Presentation
Program
Instructors
GOALS
- Become more familiar with accounting and financial terms.
- Learn to read and interpret financial reports.
- Be aware of the financial repercussions of management decisions.
IS THIS FOR YOU?
- Mid-level and senior executives
- Managers
- Analysts
This program is for you if:
- You are not an accounting or financial professional.
- There is a financial aspect to your duties.
SPECIAL FEATURES
- Practical approach that yields immediately applicable improvements in financial and accounting literacy.
- Instructors with a particular talent for expressing complex financial concepts in simple, easy-to-understand terms.
Participants will receive a certificate of completion from Executive Education HEC Montréal.
Accounting and financial vocabulary
- Definition of a financial statement
- Value of financial statements
- Structure of financial statements
- Reading and comparing financial statements
- Overview of main types of assets/liabilities and income statements
- Common notes to financial statements
- Management report
- Various types of independent auditors’ reports
Business diagnostics
- Financial ratio analysis
- Cash flow analysis
- Breakeven point
- Short-term viability
TRAINING APPROACH
- Lectures.
- Group discussions.
- Application of lessons learned using concrete examples and business cases.
- Computer use (Excel).