Romania’s Financial Professionals Get a Boost with Compliance Training on Client and Supplier Evaluation
ICAP CRIF training solutions has launched a comprehensive program to enhance the financial acumen of Romania’s accounting professionals. The “Financial Evaluation of Clients and Suppliers” course is designed to equip employees with the skills necessary to assess the financial health of clients and suppliers, in line with Romanian accounting standards for non-listed companies and international accounting standards for listed companies.
Program Overview
Led by seasoned trainer Carmen Mihaela Bulau, who boasts over a decade of experience in Treasury and Credit activities, this program takes participants on an in-depth journey to master the intricacies of financial statements. By leveraging practical examples from Romanian companies’ latest financial statements, exercises, and case studies, attendees will gain a deeper understanding of how to:
- Interpret financial data
- Assess liquidity, management effectiveness, efficiency, viability, and long-term credit risk
Course Objectives
Upon completion of the program, participants can expect to develop their skills in:
Understanding Financial Statements
- Understanding the basics of business operations and their impact on daily transactions
- Using financial statement data to inform decisions
- Recognizing how proposals/decisions affect organizational results
- Identifying why specific financial results are required by the organization
Mastering Financial Analysis
- Mastering the three fundamental financial statements (balance sheet, income statement, cash flow) of customers/suppliers and comparing them with competitors in the same industry
- Appreciating the importance of working capital management for company liquidity
- Assessing the financial position of clients/suppliers using appropriate financial ratios
- Determining a customer’s credit limit and utilizing reports to assess credit risk
Target Audience
This comprehensive program is specifically designed for employees involved in:
- Credit control
- Sales
- Procurement
- Supply chain
- Logistics
- Financial analysis
- Controllership
With its unique blend of theoretical knowledge and practical application, this training session aims to empower financial professionals with the skills necessary to excel in their roles.
Upcoming Training Session
The next training session takes place from March 12-14. Don’t miss out on this opportunity to elevate your financial prowess and stay ahead of the curve. Sign up now!