Understanding Annual Reports
Discover the story behind the numbers
in Open Executive Education in Belgium and #27 worldwide
An annual report gives a picture of the financial capability of your company. But how do you read the balance sheet? In this two-day programme, you live and learn the story behind the numbers in the annual accounts. You learn to understand the balance sheet, profit-and-loss statement, cash flow overview and how to carry out a ratio-analysis. You become familiar with the most relevant essential concepts and make the leap to put them into practice with real-life examples.
In this programme you’ll immerse yourself in our interactive business simulation, FAST©, which helps you to become fully acquainted with all the key concepts of accounting and finance. Want to learn how to use financial terminology – and how to assess the health of your organisation in a professional, interactive way? Come and join.
Module 1: Introducing Annual Reports
- Learn key concepts
- Experience the FAST© simulation
- Discover balance sheets and profit-and-loss accounts
- Understand cash flow
Module 2: Interpreting Balance Sheets and Profit-and-Loss Accounts
- Explore practice-based case studies
- Discover liquidity, profitability and solvency
- Learn the real meaning of value-add
Interested in all the basic principles of financial management? ‘Understanding Annual Reports’ is part of the 7-day programme ‘Finance for Non-Financial Managers’.
- Master all the key concepts in accounting and finance
- Discover how the outcomes of business decisions are reflected in the financial statements of your company
- Assess the health of an organisation and evaluate its future direction
- Professionals
- Functional managers outside finance
- General managers with little prior knowledge of finance
Success stories
Athanasia Gkiouleka
VP, Head of Rheumatology Strategy and Assets, Immunology Unit, Global bij UCB
Vlerick creates a fantastic opportunity for business executives (and others) to upgrade their financial competence and understanding in the most pleasant way. I found it very valuable to contribute to corporate decisions more completely and more justifiably. This programme is indeed an absolute must for all Senior Managers/Directors.
Wouter De Maeseneire
Professor of Corporate Finance
Wouter De Maeseneire is passionate about explaining financial management principles by linking finance to business models and strategies.
Mathieu Luypaert
Professor of Corporate Finance
Mathieu Luypaert explains how insights into financial figures and decisions can lead to value creation.
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