Study Guide

Objectives

A practical introduction to the different practices and calculations of financial management in companies and other organisations.
The student:
- is able to prepare various planning and target calculations for the company, e.g. budgets
- understands the requirements of good reporting
- is able to utilize Excel in creating clear calculations and reports
- is familiar with the basic principles of performance indicators and measurement and is able to prepare appropriate performance indicators and dashboards

Content

- Long-term financial planning
- The role of budgeting and forecasting in business management
- Implementing the budgeting process
- Principles of performance metrics and measurement
- Developing performance metrics in a strategy-driven manner
- The role of the controller as a financial controller