Objectives
To discover and apply the current economic-financial analysis techniques, in order to inform about each functional area of the company.

Participants
Professionals who wish to improve their qualifications as accountants, controllers, administrative and financial directors and other executives with financial responsibilities.

Programme
Module I. Economic-Financial Diagnosis

1.   Organisation of the balance sheet from the viewpoint of business
      management.
2.   Analysis of the stability relating to property and financial equilibrium through a
      static and dynamic model.
3.   Financial solvency as a business stability tool. Its interpretation.
4.   The financial punctuality of the company as compliance with payment
      commitments in time and form. Rotations as elements in solvency calculation.
5.   Organisation and interpretation of the income statement from the viewpoint of
      management, marginality and attributability.
6.   Operative efficiency, profitability and the effect of leverage in business
      management.
7.   Concept of financial and economic cash flow and its relationship with free cash
      flow , as a financing factor of growth. Sustainable growth capability model.
8.   The concept of EBITDA and its relationship with traditional financial and
      economic ratios.
9.   Calculation of the WACC and its relationship with ROA.
10. Development of practical cases. Group work and group discussion moderated
       by the professor.

Module II. Economic and financial planning and strategy

1.  Deadlock. Concept and methodology to determine and calculate the minimum
     activity level required. Instruments to quantify economic and financial effects on 
     the investment decision at clients.
2.  Planning concept. Planning process as an integrating tool between the
     commercial, production, human resources, logistics and finances departments. 3.  Preparation of the provisional profit and loss account and the movements of the
     operating assets and liabilities.
4.  Preparation of the cash budget and of the provisional balance sheet.
5.  Analysis of the provisional statements and imbalance between economic and
     financial objectives foreseen.
6.  Design of a short-term financial strategy. Own capital versus debts.
7.  Assessment of the financial strategy in terms of risk, liquidity and profitability.
8.  Development of practical cases. Group work and group discussion moderated
     by the professor.

Dates:  Module I. July
              Module II. July

Duration:  Module I. 24 hours
                   Module II. 24 hours

Hours:  From Monday to Thursday, from 17:00 to 20:00 hours

Place:  IEF classrooms, Gran Vía, 670, 2º, - 08010 Barcelona