By the end of this program, participants will be able to:

• learn important interrelations between controlling, accounting and finance
• understand key technical terms, their place within the overall context
• identify the relationships between decisions and their financial impact

Directors, Senior Heads of and Heads of who are not working in Finance/Controlling

Duration: 2 days

Pre-requisite: N/A

Class Size: 16

P&L, Balance Sheet, Annual Statement and Controlling

• Controlling basics
• Structure and differences between German Commercial Code and international accounting standards (IFRS)
• Key balance sheet ratios and interpreting balance sheets (overview)
• EBIT, EBITDA, annual net income
• Fast close

Finance Ratios and their Significance for Controlling

• Economic value added, ROI, capital turnover, operating margin, breakeven, cash flow, contribution margin, capital employed and working capital
• Ways to influence these ratios