Financial Literacy: Steering the Company with Numbers

Gain essential financial literacy to make value-based business decisions. This program equips young professionals and junior managers with a solid foundation in financial and managerial accountingno finance background required. Learn how to interpret financial reports, analyze key performance indicators (KPIs), and understand the financial impact of operational decisions. By exploring topics such as cash flow, cost behavior, and value creation, youll develop the tools to evaluate business performance and steer your organization toward growth.

Through interactive workshops, practical tools, and real-world cases, participants will gain actionable insights into financial reporting, performance measurement, and value-based decision-making.

• Young professionals and junior managers looking to enhance financial fluency

• First-time leaders and project managers overseeing cross-functional teams

• Non-finance professionals seeking to sharpen financial decision-making

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

• Understand how to read and interpret balance sheets, income statements, and cash flow statements

• Gain insight into how operational decisions affect financial results

• Use cost and performance measures to guide strategic planning and control

• Strengthen decision-making through financial reasoning

• Accounting and Corporate Governance (2 days)

  • Accounting basics: The cashflow statement, the income statement, and the balance sheet

  • M&A accounting and segment reporting

  • Financial statement analysis and firm valuation

• Managerial Accounting (1 day)

  • Link between managerial accounting and value creation in firms

  • Fundamentals to drive corporate profits: cost behavior and scalability of business models

  • Cost allocation: product costing and activity-based costing

  • Using costs for decision-making and planning

  • Accounting return measures and value creation

  • Non-financial performance measures: benefits and limitations

• Either 5 years of work experience or a first academic degree + 3 years of relevant work experience

• Good English language skills

Certificate awarded by Mannheim Business School

This course is part of the "General Management Program bundle", but can also be booked indivudually.