Finance
Lite for Pharmaceuticals
 
This
popular program is a lively and engaging introduction to
the major financial statements and how each employee impacts
them.
Finance
Lite for Pharmaceuticals also discusses how the pharmaceutical
industry differs from other manufacturing companies and
how those differences are reflected on the financial statements.
For
multinational companies, the program includes a comparison
of U.S. GAAP accounting statements with international IAS
statements.
How
Your Company Will Benefit
After
completing this course, participants will be able to:
- Give
an overview of the pharmaceutical business
- Discuss
the money making activities of your company
- Explain
how money flows through your company
- Describe
shareholder value and why it is important
- Discuss
their role in improving your company’s profitability
- Create
an action list to improve their efficiency and productivity
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Key
Topics Covered
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• Answering Three Fundamental Financial
Questions
•
Introducing
Double-Entry Accounting
•
Using the Balance Sheet
•
Understanding How You Impact the Income Statement
- •
Importance of Equity and Shareholder Value
•
One Times All ™
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Finance
for Non-Financial Pharmaceutical Professionals
An introduction
to the practical financial principles every pharmaceutical
professional needs to know to improve the bottom-line impact
of operational decisions.
How
Your Company Will Benefit
After
completing this course, participants will be able to:
- View
their job responsibilities in terms of financial added
value
- Perform
cost-justification analyzes before making spending decisions
- Communicate
better with financial management and staff
- Manage
by numbers rather than by "feel"
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Key
Topics Covered
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• Financial Statement Review
•
Understanding Cash Flow and the Cash Flow
Statement
•
Introduction to Working Capital
•
The Cost of Capital
•
Practicing Ratio Analysis
•
Making Capital Investment Decisions
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