Cálculos Financieros Básicos y Creación de Valor

Course Description

"Cálculos Financieros Básicos y Creación de Valor" is an interactive and practical short course offered by LCI Education, a diverse learning community comprised of 12 leading higher education institutions across 23 campuses on 5 continents. This course is designed to transform participants into experts in basic financial calculations and provide a deep understanding of how every decision and action within a company directly translates into economic value.

What students will learn from the course:

  • Master the language used in finance and accounting departments
  • Gain a fundamental understanding of the value creation process within an organization
  • Understand how work translates into economic value for a company
  • Perform basic financial calculations with confidence
  • Interpret key financial statements such as profit and loss (P&L) and balance sheets
  • Analyze the cost of goods sold (COGS) and contribution margin (CM)
  • Identify and interpret Key Performance Indicators (KPIs)

Pre-requisites

No prior knowledge or experience is required to take this course. It is designed for beginners and those looking to build a foundation in financial literacy within a business context.

What the course will cover:

  • The value chain and how value is created in an organization
  • Financial statements, with a focus on profit and loss (P&L) statements
  • Cost of goods sold (COGS) calculation and its importance
  • Contribution margin (CM) and its relationship to P&L statements
  • Balance sheet fundamentals and its interaction with P&L statements
  • Key Performance Indicators (KPIs) in financial analysis

Who this course is for:

This course is ideal for:

  • Professionals in non-financial roles looking to understand the financial impact of their work
  • Entrepreneurs and small business owners seeking to improve their financial literacy
  • Students pursuing business-related degrees
  • Anyone interested in gaining a practical understanding of basic financial concepts in a business context

How learners can use these skills in the real world:

The skills acquired in this course will enable learners to:

  • Make more informed business decisions by understanding their financial implications
  • Communicate effectively with finance and accounting departments
  • Contribute to strategic discussions involving financial performance
  • Evaluate the financial health of a company or project
  • Identify areas for cost reduction and value creation within an organization
  • Develop a more holistic view of how different business functions contribute to overall company success

Syllabus:

Module 1: The Value Chain

  • Welcome to the course
  • Definition of value and how it's created
  • Direct value contributions
  • Your turn! (Interactive exercise)
  • Supporting contributions and responsibilities of the finance organization
  • Evaluation exercise 1

Module 2: Profit and Loss Statement

  • Introduction to financial statements
  • What is a profit and loss statement
  • P&L glossary
  • Your turn! (Interactive exercise)
  • Basic P&L structure
  • Who uses P&L and for what purpose
  • How to read P&L statements
  • Evaluation exercise 2

Module 3: Cost of Goods Sold (COGS)

  • What is cost calculation and why do I need it?
  • COGS glossary
  • Your turn! (Interactive exercise)
  • What is the cost of goods sold (COGS)?
  • Calculating the cost of goods sold (COGS)
  • Evaluation exercise 3

Module 4: Contribution Margin (CM)

  • Contribution margin (CM)
  • Basic CM structure
  • CM structure and P&L statement
  • Evaluation exercise 4

Module 5: The Balance Sheet

  • What is a balance sheet?
  • Basic balance sheet structure
  • Interaction between balance sheet and P&L
  • Key Performance Indicators (KPIs)
  • Evaluation exercise 5

Module 6: Course Review

  • Course review
  • Final evaluation

This comprehensive and practical course will equip you with essential financial knowledge, enabling you to make more informed decisions and contribute more effectively to your organization's success. By the end of the course, you'll have a solid foundation in financial literacy that you can immediately apply in your professional life.