Finance and Accounting Seminars

Fundamentals of Finance & Accounting



Introduction

Financial skills and knowledge are vital for all managers in all organisations. A more challenging business and economic climate and an increase in financial delegation is making this even more so.

Many senior professionals miss formal training in finance and often feel uncomfortable when discussing financial matters with their peers and financial professionals.This interactive and engaging programme addresses these important issues.

Key areas covered in this program include:

  • Reading, interpreting and using financial statements (internal and external)
  • Improving business cases and decision making
  • Costing and presenting plans and proposals
  • Working more effectively with budgets
  • Delivering improved financial performance, profit & cash flow

 

Objectives

At the end of this program delegates will be able to:

  • Read and interpret financial statements
  • Analyse business performance
  • Contribute to cash and working capital management
  • Build budgets and Manage costs and budgets
  • Present business cases and utilise financing techniques to improve decision making

 

Training Methodology

The training uses an interesting mix of lively discussion, case studies and exercises, contemporary examples and videos.

We focus on the practical application of concepts and ideas. Experiences from real business situations and decisions will be used to bring concepts to life.Delegates are requested to bring copies of their organization’s accounts together with internal financial reports that they work with.

 

Organisational Impact

Organisations will benefit from trained managers who will:

  • Make better business and management decisions and cases
  • Mange budgets and resources more effectively
  • Have better regard for their impacts on:
    • Profit
    • Cash
    • Business Risk
    • Business Performance
  • Work more effectively with colleagues in other functions (including finance)
  • Identify more opportunities to improve business performance
  • Provide knowledge and understanding that can be shared amongst other departments of the business

 

Personal Impact

Participants will be able to advance their careers as a result of understanding the various subject covered. In particular they will be able to:

  • Understand the basic concepts of finance as it relates to their businesses
  • Interpret their organizations financial signals
  • Think and speak the language of finance
  • Read and understand balance sheets and profit-and-loss statements
  • Understand how to control and manage a companies cash flow

 

SEMINAR OUTLINE 

 

DAY 1

The Basics

  • Accounting Terminology and Policies
  • Accounting as an information system
  • The accounting equation- what does it mean
  • Generally accepted Accounting Principles
  • Differentiating between cash and accrual basis accounting
  • Basic cash flow statements
  • Walking through an Annul Report
  • The annual report package
  • The role of external auditor
  • The accountant’s report and auditor’s opinion

 

DAY 2

How To Interpret Accounts and Financial Statement Analysis

  • Preparing income statement & balance sheet
  • Financial and liquidity ratios
  • The cash conversion cycle
  • Working capital management
  • Profitability and gearing ratios
  • Du Pont Formula
  • Financial & Non-financial analysis
  • Credit analysis
  • Z- Scores and credit ratings
  • Bank lending decisions

 

DAY 3

Planning for Profit

  • Understanding and working with costs
  • Plan for cost reduction and profit improvement
  • Fixed and variable costs income statement
  • Break-even analysis
  • Contribution margin
  • Costing approaches – Full Absorption, Marginal, ABC
  • Standard Costing
  • New ideas in cost management – lean principles

 

DAY 4

Budgeting in Today’s Competitive Business

  • The Budgeting Process
  • The role of budgeting
  • Annual budgeting process
  • Identifying and resolving budgeting variances
  • Different budgeting systems in use today
  • Budgeting tips and techniques
  • Variance analysis

 

DAY 5

Cash Flow & Investment Decisions

  • Capital budgeting
  • Weighted Average Cost of Capital
  • Present Value
  • Internal Rate of Return – method
  • Profitability Index
  • Discounted cash flow

The course will have a number of break out sessions, multiple choice and other question and answer sessions, and case studies to demonstrate the concepts covered and provide real live practical examples, which will facilitate learning.

 

UAE (Dubai)

From 24/11/2019 To 28/11/2019 Price: 2500$
From 19/1/2020 To 23/1/2020 Price: 2500$
From 17/5/2020 To 21/5/2020 Price: 2500$
From 16/8/2020 To 20/8/2020 Price: 2500$

Egypt (Cairo)

From 16/2/2020 To 20/2/2020 Price: 2500$
From 21/6/2020 To 25/6/2020 Price: 2500$

Morocco (Casablanca)

From 25/10/2020 To 29/10/2020 Price: 2500$

Jordan (Amman)

From 17/5/2020 To 21/5/2020 Price: 2500$

UK (London)

From 5/1/2020 To 9/1/2020 Price: 4500$
From 16/3/2020 To 20/3/2020 Price: 4500$
From 15/6/2020 To 19/6/2020 Price: 4500$
From 19/10/2020 To 23/10/2020 Price: 4500$

Egypt (Sharm El-Sheikh)

From 1/3/2020 To 5/3/2020 Price: 2500$
From 18/10/2020 To 22/10/2020 Price: 2500$

Malaysia (Kuala Lumpur)

From 29/3/2020 To 2/4/2020 Price: 3500$
From 17/5/2020 To 21/5/2020 Price: 3500$

Turkey (Istanbul)

From 29/3/2020 To 2/4/2020 Price: 3000$
From 17/5/2020 To 21/5/2020 Price: 3000$
From 2/8/2020 To 6/8/2020 Price: 3000$

France (Paris)

From 17/11/2019 To 21/11/2019 Price: 4500$
From 27/4/2020 To 1/5/2020 Price: 4500$
From 28/9/2020 To 2/10/2020 Price: 4500$

Switzerland (Geneva)

From 24/11/2019 To 28/11/2019 Price: 4500$

Spain (Barcelona)

From 20/4/2020 To 24/4/2020 Price: 4500$
From 6/7/2020 To 10/7/2020 Price: 4500$
From 19/10/2020 To 23/10/2020 Price: 4500$

Italy (Rome)

From 15/12/2019 To 19/12/2019 Price: 4500$
From 6/7/2020 To 10/7/2020 Price: 4500$

Manama (Bahrain)

From 15/3/2020 To 19/3/2020 Price: 2500$
From 11/10/2020 To 15/10/2020 Price: 2500$

Oman(Muscat)

From 27/9/2020 To 1/10/2020 Price: 2500$

Spain (madrid)

From 5/1/2020 To 9/1/2020 Price: 4500$
From 20/4/2020 To 24/4/2020 Price: 4500$

Singapore (Singapore)

From 20/4/2020 To 24/4/2020 Price: 4500$

USA (Boston)

From 17/11/2019 To 21/11/2019 Price: 5000$
From 2/2/2020 To 6/2/2020 Price: 5000$

Netherlands (Amsterdam)

From 8/12/2019 To 12/12/2019 Price: 4500$
From 15/6/2020 To 19/6/2020 Price: 4500$

Canada (Toronto)

From 16/3/2020 To 20/3/2020 Price: 5000$

Germany (Munich)

From 8/6/2020 To 12/6/2020 Price: 4500$

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