1

General framework of corporate management

• The company and its environment.
• Different legal structures for a company.

2

Learning about corporate management documents

• Balance sheet.
• Profit and loss account.
• Cash flow statement.

3

Accounts and managerial elements: How they operate

• Principle and role of general accounting.
• Overview of the accounting system: Logs, T-accounts, general ledger, balance.
• Spotlight on balance sheet items.
• Spotlight on profit and loss account items.

4

From general accounting to cost accounting

• Switching from the notion of expenses (by type) to the notion of costs (by purpose).
• Method for calculating costs.
• Fundamental analyses: Relevant costs and decision tools.

5

Costing

• Different methods: Total, partial, and specific costs.
• Calculating margins.
• Analyzing and evaluating inventories: The "first in, first out" method, the weighted average unit cost method.

6

Profitability and solvency analysis

• Determining the profitability threshold or "break-even" point.
• Defining and calculating profitability and solvency ratios.
• Building and explaining scorecards.

7

Method for scoring companies

• Bank of France method.