KL Finance Academy
A 6-month practical financial management development programme for CFOs, accountants and company managers. You'll learn to use numbers to make management decisions and, during the programme, build real tools for your own company.
Why the Finance Academy?
In October 2026 we asked entrepreneurs what they find hardest in financial management. Their biggest concern was increasing profitability, followed by budgeting, cash flow and cost control. 86% of respondents were ready to attend training if it solved their real problem. The Finance Academy programme is built on exactly these answers.
Who we help
For CFOs and future CFOs, accountants, and company owners and managers.
How
26 sessions over six months, once a week on Thursdays from 10.00 to 11.30.
Format
Each session combines theory, a practical task using your own company's numbers, and discussion.
Programme content
Month 1
Core CFO skills
- The CFO's role in a growing company
- Understanding financial statements
- Analysing the company's financial health
- Financial indicators and management reporting
Month 2
Increasing profitability
- Calculating cost price
- Pricing and profit margins
- Client and product profitability
- Cost control and growing profit
Month 3
Cash flow management
- Cash flow management basics
- Cash flow forecasting
- Working capital management
- Cash reserves and financial risks
- Cash flow crisis scenarios
Month 4
Budgeting and forecasting
- Preparing the annual budget
- Sales and cost forecasts
- Monitoring budget execution
- Financial scenarios
Month 5
Investments and the financial management system
- Return on investment
- Financing company growth
- Financial risk management
- A system of financial meetings
Month 6
Strategic financial management
- Tax planning and profit distribution
- AI and automating financial management
- The CFO as a strategic partner
- A three-year financial strategy
- Final project and strategy defence
What you'll have built by the end of the programme
- A financial analysis and dashboard for your company
- A plan for improving profitability
- A 13-week cash flow forecast
- An annual budget and financial forecast
- An investment appraisal model
- A regular system of financial meetings
- A three-year financial strategy and a 90-day action plan
Trainer
Kaide-Liis Luht
CFO, financial manager and founder of KL Raamatupidamine. Companies bring Kaide-Liis in as CFO when they need clarity on cash flow, growth financing and strategic decisions. Her clients range from start-ups to growing companies.
Client story
Reverse Resources: a year's work in three months
Three countries, three business lines and different accounting systems. Ann Runnel had searched for a solution for almost five years and expected that taking the financial systems to the next level would take at least a year. With KL Raamatupidamine it took three months.
Now I feel so much more supported, because I no longer make these financial decisions alone.
Ann Runnel, founder and CEO of Reverse Resources
Frequently asked questions
Who is the programme for?
For CFOs and future CFOs, accountants and company managers who want to make better decisions based on the numbers.
Do I have to use my own company's numbers?
Yes, where possible the practical tasks are done with your own company's numbers. That way, by the end of the programme you'll have real tools ready for your company.
When does the programme start and how much does it cost?
Write to us and we'll send you the start date and price of the next intake.
Interested in the Finance Academy?
Write to us and we'll send you the programme details and the start date of the next intake.
or write to kaideliis@klraamatupidamine.ee