Description
Course features
- Teletraining hours: 35 hours
- Live streaming sessions with the instructor
- Duration: 4 weeks
- Start date: October 13, 2026
Objectives
Through this programme, participants will:
• Understand the importance of finance as a management tool within the production environment.
• Learn how to interpret a balance sheet, analyse its key items and assess the financial health of a company.
• Be able to interpret a profit and loss statement and identify actions to improve performance.
• Evaluate different investment alternatives and justify them from a financial perspective.
• Understand the various cost components of a product.
• Prepare a budget and monitor its execution.
• Determine and interpret the most relevant financial ratios for decision-making.
Methodology used
The programme is delivered in an online format. It combines live sessions with the instructor and practical case resolution. Throughout each module, scheduled live virtual sessions will be held where course content is delivered, proposed case studies are analysed, and participants have the opportunity to raise questions and discuss specific plant-related situations.
Attendance at these sessions is mandatory.
Assessment: Successful completion of all modules and exercises is a mandatory requirement to obtain the programme certificate. In addition, active participation in the live sessions with the instructor will be taken into consideration.
Full course syllabus !
02.- Balance sheet
- Assets:
– Inventories and fixed assets
– Accounts receivable
– Depreciation - Liabilities:
– Equity and short-term liabilities
– Raw materials
– WIP (Work in Progress), FG (Finished Goods) - Impact on company profitability:
– Need for control
– Valuation
– Fixed costs - Practical case study
03.- P&L
- Sales and materials
- Labour and utilities
- EBIT and EBITDA
- Fixed vs variable costs
- Practical case study
04.- Investment selection
- Types of investments
- Incremental cash flow per year:
– Asset acquisition and accounts receivable
– Inventories
– Suppliers
– Depreciation
Cost of capital - Criteria:
– NPV and IRR
– Payback - Sensitivity analysis
- Practical case study
05.- Costs
- Raw materials
- Manufacturing and transport
- Margin
- Cost allocation sheet:
– Primary and secondary allocation - Practical case study
06.- Budgeting
- Financial costs
- Capital
- Break-even point
- Practical case study
07.- Financial ratios
- Sales per employee
- Asset performance
- Profitability:
– Overall
– By product type or customer - Practical case study
