: Istanbul-Turkey: +905395991206 - Amman-Jordan: +962785666966 London-UK: +447481362802
-->

Finance and Accounting Courses

Finance for Non-Financial Professionals

UAE (Dubai)
23/8/2020 - 27/8/2020
Euro 2500
UAE (Dubai)
18/10/2020 - 22/10/2020
Euro 2500
UAE (Dubai)
23/8/2020 - 27/8/2020
Euro 2500
UAE (Dubai)
18/10/2020 - 22/10/2020
Euro 2500
Egypt (Cairo)
19/7/2020 - 23/7/2020
Euro 2500
Egypt (Cairo)
6/9/2020 - 10/9/2020
Euro 2500
Egypt (Cairo)
19/7/2020 - 23/7/2020
Euro 2500
Egypt (Cairo)
6/9/2020 - 10/9/2020
Euro 2500
Morocco (Casablanca)
1/11/2020 - 5/11/2020
Euro 2500
Jordan (Amman)
20/12/2020 - 24/12/2020
Euro 2500
UK (London)
9/11/2020 - 13/11/2020
Euro 4500
Egypt (Sharm El-Sheikh)
15/11/2020 - 19/11/2020
Euro 2500
Malaysia (Kuala Lumpur)
12/7/2020 - 16/7/2020
Euro 3500
Malaysia (Kuala Lumpur)
18/10/2020 - 22/10/2020
Euro 3500
Malaysia (Kuala Lumpur)
12/7/2020 - 16/7/2020
Euro 3500
Malaysia (Kuala Lumpur)
18/10/2020 - 22/10/2020
Euro 3500
Turkey (Istanbul)
9/8/2020 - 13/8/2020
Euro 3000
Turkey (Istanbul)
6/12/2020 - 10/12/2020
Euro 3000
Turkey (Istanbul)
9/8/2020 - 13/8/2020
Euro 3000
Turkey (Istanbul)
6/12/2020 - 10/12/2020
Euro 3000
France (Paris)
13/7/2020 - 17/7/2020
Euro 4500
Switzerland (Geneva)
13/7/2020 - 17/7/2020
Euro 4500
Spain (Barcelona)
31/8/2020 - 4/9/2020
Euro 4500
Spain (Barcelona)
14/9/2020 - 18/9/2020
Euro 4500
Spain (Barcelona)
31/8/2020 - 4/9/2020
Euro 4500
Spain (Barcelona)
14/9/2020 - 18/9/2020
Euro 4500
Italy (Rome)
16/11/2020 - 20/11/2020
Euro 4500
Manama (Bahrain)
6/12/2020 - 10/12/2020
Euro 2500
Oman(Muscat)
13/12/2020 - 17/12/2020
Euro 2500
Spain (madrid)
26/10/2020 - 30/10/2020
Euro 4500
Singapore (Singapore)
21/9/2020 - 25/9/2020
Euro 4500
USA (Boston)
8/11/2020 - 12/11/2020
Euro 5000



Introduction:

To succeed at any work level and position, knowledge of basic financial principles is crucial. 'Finance for non-Financial Professionals' transforms financial and accounting concepts into decision-making tools you can use successfully every day. You will learn to apply the fundamentals of finance to improve budget management, increase potential profits, and assess the financial performance of business activities. You will also understand the terminology used by accounting and finance staff and will feel more confident when being involved with them or using them.

Targeted Groups:

  • Managers
  • Supervisors
  • Staff from any function including finance who need to improve their understanding and usage of financial information

Course Objectives:

At the end of this course the participants will be able to:

  • Define the four key financial statements: balance sheet, income statement, cash flow and changes in owner equity as well as key financial terms such as profit, margins and leverage used in organizations
  • Interpret the financial health and condition of a company, division or responsibility center and use financial information for management and evaluation
  • Define between accounting and finance and explain the finance role in running businesses
  • Prepare a company's operating budget and relate it to the organization's strategic objectives
  • Apply capital budgeting techniques and cost-volume-profit analysis to enhance decision making

Targeted Competencies:

  • Understanding financial statements
  • Financial analysis
  • Preparing operating budgets
  • Working capital management
  • Making capital budget decisions
  • Financial decision making

Course Content:

Unit 1: The Key Financial Statements:

  • Understanding the accounting cycle
  • The five main accounts in financial statements
  • Income statement: a tool for performance measurement
  • Accrual basis versus cash basis
  • Balance sheet: a tool for financial position
  • The balanced status
  • Statement of owners’ equity
  • Statement of cash flows: cash is king
  • Wrapping-up: the cycle of financial statements
  • External and internal auditors’ responsibilities

Unit 2: Analysis of Financial Statements:

  • Why are ratios useful
  • Horizontal and trend analysis
  • Vertical analysis: common size statements 
  • Building blocks analysis and reading through the numbers:
  • Liquidity ratios: ability to settle short-term dues
  • Solvency ratios: ability to settle long-term dues
  • Activity ratios: the ability to manage assets efficiently
  • Profitability ratios
  • Limitations of financial ratio analysis

Unit 3: Working Capital Management:

  • Definition of working capital and working capital management
  • Working capital management strategies for current assets
  • Balancing profitability and liquidity
  • Working capital management strategies for current liabilities
  • Trade-off between profitability and certainty

Unit 4: The Concept of Financial Management:

  • Accounting versus finance: rules and responsibilities
  • Three pillars of finance:
    • Financing decisions
    • Investing decisions
    • Operating decisions

Unit 5: Breakeven Analysis and Decision Making:

  • Defining fixed costs
  • Defining variable costs
  • Contribution margin formula
  • Computing breakeven point
  • Sensitivity analysis: changing assumptions

Unit 6: Operating Budget Process and Techniques:

  • What is an operating budget
  • Steps to budget development
  • Master budget components
  • Sales forecasting
  • Approaches to budgeting
  • Incremental budgeting
  • Zero-based budgeting
  • Budgetary control and correction

Unit 7: Capital Budgeting: The Investing Decisions:

  • Examples of exercises involving capital budgeting exercise
  • Time value of money: a prerequisite for investing decisions
  • Required rate of return for investments
  • Examples of cash outflows for capital projects
  • Examples of cash inflows for projects
  • Net present value calculation
  • Internal rate of return