Finance as the Language of Business and a Reflection of Decisions
- A Management Perspective: The Connection Between Strategy, Operations, and Financial Results;
- The Logic of Financial Reporting: How to “Read” the P&L, Balance Sheet, and Cash Flow;
- Performance Analysis: Profit Structure, Types of Expenses, and Key Metrics for Managers;
- Departmental diagnostics: identifying “bottlenecks” through financial indicators.
Planning and profitability drivers
- Budgeting as a management process: developing product and business unit plans;
- Common planning pitfalls: how to avoid mistakes when defending and executing the budget;
- Unit economics: calculating profitability at the product unit or customer level;
Decision-making: analyzing the payback period of initiatives and financial modeling of the consequences of management decisions.