General framework of corporate management
- The company and its environment.
- Different legal structures for a company.
Learning about corporate management documents
- Balance sheet.
- Profit and loss account.
- Cash flow statement.
Hands-on work
Case study Create a balance sheet and a profit and loss account.
Accounts and managerial elements: How they operate
- Principle and role of general accounting.
- Overview of the accounting system: Logs, T-accounts, general ledger, balance.
- Spotlight on balance sheet items.
- Spotlight on profit and loss account items.
Hands-on work
Case study Accounting document analysis (General ledger, balance sheet, etc.). Design an accounting entry. Create a balance sheet.
From general accounting to cost accounting
- Switching from the notion of expenses (by type) to the notion of costs (by purpose).
- Method for calculating costs.
- Fundamental analyses: Relevant costs and decision tools.
Costing
- Different methods: Total, partial, and specific costs.
- Calculating margins.
- Analyzing and evaluating inventories: The "first in, first out" method, the weighted average unit cost method.
Hands-on work
Case study Calculate costs.
Profitability and solvency analysis
- Determining the profitability threshold or "break-even" point.
- Defining and calculating profitability and solvency ratios.
- Building and explaining scorecards.
Hands-on work
Case study Calculate profitability ratios. Analyze various scorecards.
Method for scoring companies
Hands-on work
Case study Analyze a document showing a company's risk.
3d
- 21h00 
