What are the primary objectives of a company? Are you able to establish whether these objectives have been achieved? The EBC*L (European Business Competence Licence) certificate demonstrates business management expertise on an internationally recognized level. Module 1 contains everything worth knowing about the annual financial statement. Grasping structure, terms and definitions of financial statements and being able to determine the most significant financial figures is the key to understanding business economics and management language.

- Depreciation (for wear and tear)
- assets/liabilities
- equity / borrowed capital
- fixed/current assets
- cash and cash equivalents
- expenses/income
- debit and credit
- capitalization
- low-value assets
- turnover
- profit/loss
- operating resul
- financial result
- annual result
- receivables/payables
- annual financial statement
- inventory
- reserves
- provisions


- Cost efficiency
- Proceeds
- cash flow
- profitability, return on equity, return on total assets, ROI
- productivity, return on sales
- liquidity, liquidity ratio
- solvency, credit worthiness, equity ratio, debt ratio, overindebtedness
You will acquire in a compact format, a sound business knowledge that supports you in challenging tasks.
You will understand business contexts, think and act entrepreneurially.
By understanding business terms, you will support your company by achieving its goals.
You will acquire the necessary vocabulary to understand complex business contexts
Keine Voraussetzungen
- All those who are looking for their first or a new job, or an internship
- Employees in accounting, controlling, sales / purchasing / works councils, etc.
- Executives, high potentials, project managers (e.g. technicians)
- Assistants to the management and divisional management
- Employees and managers, who want to improve their Business English
This e-learning does not require attendance at BFI Vienna. You learn with our learning platform at home and you can organize your learning times independently. You can repeat the e-learning content as often as you like within the activated period. You will receive your access data by email after registration. A registration is possible at any time.