12 hours
- Fiscal balance of the institution: Assets, Accountabilities and Capital
- Calculation and cash basis method
- Fiscal balance with “Lemonade stand”
- Financial reports
– Report about financial statement
– Report about results of financial operations
– Report about capital changes
– Report aboutfunds movement
- The impact of operations on fiscal balance
- Amortization
- What are cost and its difference from expenditures?
- Fixed and variable, semi-fixed, and incremental costs
- Break-even point and its calculation
- Contribution, Marginable utility
- Direct and indirect costs
- Budget and budget process
- Fixed, Agile and Actual budget
- Financial analysis and using ratio
- Comparative analysis and Interest rate analysis
- Time value of money
– Future value
– Present value
- Simple interest and Compound interest
- Discounting, Annuity