Accounting and Finance Essentials
September 5| 9:00 –17:00
SSE Riga
EUR 390 + VAT
This one-day onsite course provides a comprehensive introduction to accounting and finance. You will explore the basics of financial statements, financial ratios, and project evaluation, equipping you with the essential skills to understand and interpret financial data and evaluate business opportunities effectively.
To maximize the value of this session, participants are strongly encouraged to complete two selected online courses from Coursera prior to attending. These preparatory courses, requiring approximately 20 hours, are free and can be completed at your own pace. All necessary materials and resources will be shared with you in advance to support your preparation.
Context
The course is designed to equip participants with practical skills in analyzing financial statements and evaluating investment projects. The course integrates key concepts from accounting and finance to provide a comprehensive understanding of the financial reports and investment decision-making. Through a blend of theoretical discussions, hands-on exercises, and case studies, participants will gain the knowledge and tools necessary to assess the financial health of organizations and make informed investment decisions.
Faculty
Ágnes Lublóy is a Professor with the Department of Accounting and Finance at Stockholm School of Economics in Riga. Previously she was affiliated with the Department of Finance at Corvinus University of Budapest. Ágnes has been teaching management accounting, financial economics, and risk management at graduate, undergraduate and corporate levels (Corvinus University of Budapest, Stockholm School of Economics in Riga, International Training Centre for Bankers in Budapest, European Federation for Financial Analysts Societies). Previously, Ágnes was a Junior Fellow and later a Research Fellow with the Institute for Advanced Study at Collegium Budapest. Ágnes also worked on various research projects related to financial networks at the central bank of Hungary. Moreover, she also acted as a consultant for the Information Technology Venture Capital Fund Management Co. Ltd, and screened business plans and evaluated several project companies.
Who should attend
This course is designed for participants who want to learn about financial statements and familiarize with the fundamentals of company project evaluation (net present value, discounted cash flow). The course welcomes participants with no background in accounting and finance.
Benefits for the organization
An employee who understands the financial reports of a company and the basics of project evaluaton is beneficial to each organization. This knowledge helps the employee to understand the financial position of the company (or its competitors), as well as evaluate the financial viability of a business idea.
Benefits for the participants
The main benefits to the participants include the ability to read and interpret the company's financial statements and evaluate new investment opportunities.
Content
- Financial statements (balance sheet, income statement, cash flow statement)
- Financial ratios (EBIT, EBITDA, ratios of profitability, efficiency, liquidity, capital structure)
- Project evaluation (discounted cash flow method, internal rate of return, payback period)
- Practical examples (ratio analysis, project evaluation)
Participation fee
EUR 390 + VAT