Module 3. Financial management of the enterprise

Duration of training: 16 academic hours

This course is for you if:

• You are an entrepreneur, accountant or financial manager of a business;
• You want to understand the purpose and objectives of financial management;
• You want to know the financial management processes of your company
• You want to streamline your company's financial performance

What will you learn in this course?

1. Financial management-accounting: defining aspects:
   • Purpose and objectives of financial management;
   • Managerial responsibilities for the financial management of the company;
   • Financial processes in companies;
   • Income and expenditure budget:
2. Types and categories of expenditure:
   • Expenditure estimation methods;
   • Break-even calculation;
   • Calculation of commercial surplus;
   • Estimating revenue;
   • Enterprise budgeting - financial models.
3. Cost-benefit analysis of investments:
   • Financial analysis of a company's investment projects;
   • Cost-benefit analysis tools: payback period, net present value, investment break-even point;
   • Investment risk analysis and use of financial models for financial decision making.
4. Analysis of company financial performance:
   • Financial instruments in the understanding of non-financial managers (cash flow, profit and loss account, balance sheet);
   • Analysis and interpretation of financial data;
   • Analysis of profitability, solvency and liquidity;
   • Managerial financial decisions, investment decision, financing decision

At the end of the module you will be able to:

• Make analysis of the company's financial performance:
• Analyse the cost benefit of investments;
• Interpret the financial indicators of the company and make informed decisions on the development of the company you will make decisions;
• Develop investment and financing strategies for the company.

Nota bene!

Upon completion of the training module participants will obtain certificates of participation. Certificates are offered to participants who have a minimum 60% participation margin in the training courses.

Apply now!

National Training Center "MOLDINSOLV" was established on August 2, 2016. This development tool was created with the support and in collaboration with the Union of Licensed Insolvency Practitioners of the Republic of Moldova. Since 2018, “MOLDINSOLV” has also been supporting young entrepreneurs in starting a business, entrepreneurs in crisis in saving their businesses, and those who have failed in winding up their businesses. We stand by entrepreneurs through physical, online, personal, or group training courses — from generating a business idea, finding solutions in times of crisis, to winding up the business when it no longer brings joy or profit.

Tudor Lupașco
Financial expert, trainer-consultant

Expert with over 15 years of experience in the financial-banking sector, responsible for lending activities. Has worked as a trainer within the Center for Entrepreneurial Education and Business Support (CEDA), where he developed and revised educational materials for the subject “Fundamentals of Entrepreneurship.” He conducted professional training sessions for teaching staff from colleges and vocational-technical institutions, as well as for future trainers in the field of entrepreneurship. His experience as a trainer is supported by a substantial portfolio of consultancy and training in international projects funded by the EU, JICA, and the Government of Norway, focusing on SME development and staff training.