TYCOON Simulation – Finance and Accounting for Non Finance Managers

395,00 

At the end of the program, participants will understand the mechanisms of a business, going through, with help from practical exercises and examples, the main financial-accounting concepts.

Where – Calea Griviței, no. 6-10, ground floor, Sector 1, Bucharest
When – the is no session scheduled yet
Period– 2 days

This program can also be delivered in-house (personalized for a group of participants from your company). Send us the details by accessing the registration button below.

  

EXEC-EDU experts

They are trained at top business schools in the US and Europe (Wharton, Harvard, London Business School, INSEAD) and have hundreds of hours in training and consulting. But what really adds value to the sessions they provide is their long-standing practical experience in finance.

  • Adrian Manaicu 2

    Adrian Manaicu

    Contabilitate, Audit și analiză financiară

  • Monica Minoiu, EMBA

    Monica Minoiu, EMBA

    Management strategic și operațional

During the 2 days, the Tycoon Business Simulation – an active method of training, gathering basic characteristics of a game: the existence of several teams, development of the simulation according to certain rules and the possibility to designate a winner.

TYCOON is an intense learning experience, focused on making decisions within a multinational company, operating in Western Europe, in 2021. The company manufactures and sells a product for domestic use – an electronic robot with a human appearance, which performs a very wide range of household activities.

Participants receive a series of data and information about the market, financial results, production, human resources etc. The simulation will take part in 4 rounds. At the end, each team presents its results and discusses the impact of their decisions and other possible alternatives. It is useful because:

  • Facilitates an overall understanding of the processes of a business;
  • Develops the necessary skills to make decisions skills, helping participants to understand their impact in a risk free environment;
  • Develops team spirit, by adopting group decisions during the simulation;
  • Develops key management skills: communication, teamwork and time management;
  • Helps participants to learn the value of teamwork in the process of finding viable alternatives and optimal solutions.

The course is designed for non-financial departments managers that aim to understand an correctly depict financial statements and indicators.

  • You will master the financial dialect and the basic financial concepts;
  • You will correctly evaluate the consequences – in financial-accounting terms – of the transactions carried out by the company;
  • You will understand the relationship between the company’s activities, resources and financial statements;
  • You will correctly interpret and evaluate the content of financial reports and financial indicators.

1st Day

  • Financial dialect – understanding and negotiating with financial experts;
  • Assets, liabilities, income and expenses;
  • Costs and income sources;
  • The significance of financial statement: the way the company’s activities mirror themselves into financial statements;
  • Balance sheet – the fundamental informing source in financial analysis;

 

2nd Day

  • Cash Flow structures;
  • Income statement structure (profit & loss account);
  • The connection between the income statement and the balance sheet;
  • Financial statement analysis:
  1. analysis of revenues and costs, receivables and liabilities, cash in and payments;
  2. company analysis in terms of profitability, liquidity and financial balance;
  3. identifying company’s sources of income and expense.

EXEC-EDU certificate.

  • 395 EUR (VAT not included)

Do you have any questions?

Don’t hesitate to call or write us, full details can be found in the Contact section.

EXEC-EDU CUSTOMERS

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OnLine/OffLine

Offline

Tip de program

We train skills

Nivel

Entrepreneur, Middle management

Trainer

Adrian Manaicu, Monica Minoiu, EMBA

Certificări

EXEC-EDU certificate

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