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MNG-01 Financial Tools and Practices for Non-Financial Managers

Not only accountants and financial managers deal with financial tools. It’s highly likely that also other managers will be in contact with a Balance sheet, financial KPIs, take the right actions based on a financial statement or will have to understand the accounting terminology.  The training module “Financial Tools and Practices for Non-Financial Managers” will allow you to get familiar with the world of the financial management and use them correctly during your daily business.

Your needs are:

  • Understand the basics of financial management of an enterprise

  • Understand the vocabulary used in the finance world

  • Be able to read the basic financial statements

  • Understand why “Cash is king”

  • Take the right actions coming out from financial statements

  • Set and follow the right financial KPIs

  • Use the financial toolsat at work

Target group:

  • Plant Managers

  • Department Managers

  • Employees who need to understand financial basics

Training content:

  • Introduction to the Financial Management

  • Basics of accounting

  • Company financial health

  • How to compile a budget

  • How to read the Balance Sheet

  • Income statement

  • Cash flow statement

  • How to read the financial statements?

  • Financial KPIs (RoI, RoE, ...)

  • Warning financial signals

Duration: 2 days.


In Slovak language:

  1. Spring date - March 06th - March 07th 2019

  2. Autumn date - October 10th - October 11th 2019

In English language:

  1. Spring date - March 08th - March 09th 2019

  2. Autumn date - December 03rd - December 04th 2019

In-house module: 890 EUR/day (member), 975 EUR/day (non-member) + travel cost for a group up to 10 participants.
Module in Bratislava: 260 EUR/day (member), 280 EUR/day (non-member).
In case of 2 or more participants from the same plant we offer 10% discount on the second and all other participants. Refreshment and lunch are included in the training price.

Training Registration Form (PDF)
Training Registration Form (online)  

Earlier Event: November 19
QUA-10 Problem Solving Tools and Methods
Later Event: November 23
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