The ‘Fiche Finance DCG’ (often translated as “Finance Sheet DCG”) is a summary document for the Finance module within the Diplôme de Comptabilité et de Gestion (DCG), the French accounting and management diploma. This module focuses on corporate finance, covering areas like financial analysis, investment decisions, financing strategies, and risk management. The fiche acts as a concise revision tool, highlighting key concepts and formulas needed for the exam.

Content Overview

A typical ‘Fiche Finance DCG’ includes:

• Financial Statement Analysis: Ratios for profitability (e.g., net profit margin, return on equity), solvency (e.g., debt-to-equity ratio, current ratio), and activity (e.g., inventory turnover). It will outline the calculations, interpretations, and limitations of each ratio.
• Investment Decisions: Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period, and Discounted Payback Period. The fiche will present the formulas, decision rules, and potential biases associated with each method.
• Financing Decisions: Capital structure theories (e.g., Modigliani-Miller theorem), cost of capital (WACC), and the pros and cons of different funding sources (e.g., debt, equity, leasing). It will also cover optimal capital structure and factors influencing financing choices.
• Working Capital Management: Inventory management techniques (e.g., Economic Order Quantity – EOQ), accounts receivable management, and accounts payable management. It illustrates the impact of working capital decisions on firm profitability and liquidity.
• Risk Management: Types of financial risks (e.g., interest rate risk, currency risk), hedging strategies, and risk mitigation techniques. Often includes methods for identifying, measuring, and controlling financial risks.
• Valuation: Company valuation methods, including discounted cash flow (DCF) analysis, relative valuation (e.g., using multiples), and asset-based valuation. Focuses on applying these methods to determine the intrinsic value of a company.
• Financial Markets: An overview of financial markets, instruments (e.g., stocks, bonds), and institutions.

Purpose and Usage

The primary goal of the ‘Fiche Finance DCG’ is to condense the extensive curriculum into an easily digestible format for exam preparation. Students use it for:

• Rapid Revision: Quickly reviewing key concepts and formulas before exams.
• Memorization: Aiding in the memorization of important formulas and definitions.
• Problem-Solving Practice: Serving as a quick reference guide during practice exercises.
• Identifying Weaknesses: Highlighting areas where further study is needed.

Creating or Finding a ‘Fiche’

Students can either create their own ‘Fiche Finance DCG’ by summarizing their course notes and textbooks or find pre-made versions online or from tutoring services. A personally crafted fiche is often more effective, as it reflects the student’s individual learning style and understanding of the material. However, using pre-made fiches can save time and provide a structured approach to revision. Regardless of the source, it is essential to ensure the information is accurate and up-to-date with the official DCG curriculum.