Programs
Financial management and analysis
International program "Financial management and analysis Financial Manager", qualification "Financial Manager". Financial management and analysis", from the International Alliance of Professional Business Elite – IAPBE.
The Financial Manager program is part of 3 comprehensive international programs from the International Alliance of Professional Business Elite - IAPBE:
· "Professional Tax Advisor,"qualification “Tax Management and Planning”.
· "Professional Financial Advisor", qualification "Personal and Corporate Finance Management"
· "Certified Financial Director", qualification "Management of corporate finance”
Block1:Analysis of Financial Statements: Key and Derived Indicators. The results of the analysis of financial statements and management decisions. Memo to the novice financial manager
1.Basic groups of financial statement indicators and their practical meaning in decision-making
- What is the assessment of financial position: how is it conducted, what indicators are taken into account. Case 1
- Financial Results and Efficiency
- Liquidity and Solvency
- Financial Soundness and Independence
- Current Assets Indicators
- Capital asset indicators
- Turnover indicators
- Practical guidelines for the analysis
Homework:
Analyze the financial statements with the help of the main indicators and draw conclusions
2. Practical analysis tools: the Dupont multivariate model
- Factor analysis with the Dupont model: a simple and easy to use tool. Let's look together at each indicator, the connections between the indicators, and the most convenient format for presenting the results of the analysis.
- Preparing a dashboard of key indicators + an explanatory note.
Homework:
Make a factor analysis and analyze the results.
3. Practical analysis tools: ABC and XYZ analysis
- Basic principles and basic application of the tool
- Step-by-step simple example + groups of decisions that are made based on the analysis.
Homework:
Make recommendations on forming inventories using ABC and XYZ analysis tools.
4.Final lesson for Block 1 Analysis of Financial Statements.
Midterm testing on block 1 - Analysis of Financial Statements.
Block 2: Basics of Planning and Budgeting
5. Planning in small and medium business
- Basic tasks and features of planning in SMB.
- Practical objectives of planning. Case 1.
- Financial models: typical examples, areas of application.
- The structure of a typical financial model: from simple to more complex.
Homework:
Make a financial model according to the given conditions.
6. Cash planning as the simplest example of planned business economics
- What is a cash plan and what is it for
- Variants of the appearance of a cash plan
- What information is needed and where to get it. Case 1
- Cash planning mistakes. Case 2
Homework:
Make a cash plan according to the given conditions. Comment on the results.
7. Budgeting .
- Types of budgets, their practical importance and application
- Budgetary rules and budgetary regulations. Case 1.
- What the budget model looks like and how to fill it. Case 2.
- Typical mistakes in budgeting. Working on mistakes. Case 3.
Homework:
Create a budgeting model for the given conditions.
8. Elements of Investment Analysis
- What a novice financial manager needs to know about investment analysis
- Key indicators and their application
Homework:
Answer the test questions
Midterm testing on the block 2 - Basics of Planning and Budgeting
Block 3: Managerial decisions and tasks of a financial manager
9. Managing working capital. What does a financial manager need to know?
- Practical examples of decisions and their impact on working capital
- Checklist of important questions for proper working capital analysis
Homework:
Analyze management decisions on working capital management, justify their point of view
10. Pricing and pricing policy. Basic information for the financial manager.
- Basic types of prices and basic rules of pricing. Pricing policy.
- Price calculator + practical examples from 3 different businesses
Homework:
Make 3 pricing calculators according to the given conditions.
11.Automation of finance function.
- What does automation mean in practice?
- Evaluating the effectiveness of automation: what you need to know and how to make a decision. Case 1.
- Standard software capabilities and the need for improvement. Case 2.
- Temporary solutions. Case 3
12.Elements of Crisis Management
- What is crisis management and when is it used
- Actions of the Financial and Accounting Service during Crisis Management. Case 1
- Information support for decision-making. Case 2
Homework:
Analyze the given situation and make a decision about introducing/rejecting anti-crisis management, substantiate the decision.
Midterm testing on the block 3 - Managerial decisions and tasks of a financial manager
13. Final session on the Planning Basics and Managerial Decisions blocks
- Making a checklist of important information at the end of the course
- Getting ready for the final test
- Getting ready for the exam
Intermediate testing on the Management decisions block.
Final testing on the whole course + task for trial exam.
A Telegram group will be created for the duration of the course to communicate and quickly resolve all administrative issues and communicate with the lecturer.
Minimum eligibility requirements for applicants for this program in order to pass the exam:
- A college degree in economics, finance, auditing, management (students who have completed 3 years of higher education are allowed);
And/or
- Non-core higher education and work experience of not less than one year in the specialized sphere.
And/or
- work experience of not less than three years in the profile sphere.
IAPBE qualification exam for the international document on the British program for the qualification "Financial Manager" is held in the form of a specialized online exam, consisting of practical assignments (3 tasks 15 test tasks).
The duration of the exam is 3 hours.
The passing criterion is 75 points.
The cost of the exam with registration is £130.