Finance For Non Financiers

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What will you learn?

This course teaches attendees how to create income statements, balance sheets and cash flows statements. Finance for Non Finance basically aids in improving and enhancing the financial mindset of managers. It helps in improving their understanding of analysis, cash cycles, establishing operating budgets and understanding capital budgets.

Is it right for me?

Managers who need to know more about finance to improve their planning, costing and budgeting skills. This course is designed for busy managers and those professionals who have a responsibility for financial matters within their job role.
The course is suitable for those in both the private and public sectors from small and medium sized enterprises to multinational corporations. It is designed for all those who are affected by the finances at work. It enables you to go back to your workplace and have a greater ability to read the figures. You will be given the tools to discuss financial aspects.

Course Curriculum

Understanding financial statements:

  • What Is Accounting?
  • Who Uses Accounting Information?
  • Financial Statements
  • How Different Business Entities Present
  • Accounting Information

Using Financial Statements for Short-Term Analysis:

  • Using Short-Term Ratios
  • Current and Quick Ratios
  • Working Capital
  • Composition of Assets

Using Financial Statements for long-Term Analysis:

  • Quality of Earnings
  • Rate of Return on Investment
  • Sales-Based Ratios or Percentages
  • Earnings Data
  • Long-Term Debt Position
  • Dividend Data

Budgeting for your business:

  • What Is a Budget?
  • Planning and Control
  • Advantages of Budgeting
  • The Master Budget
  • Sales Budget
  • Capital Budget
  • Budgeted Income Statement
  • The Cash Budget

Audits and Auditors (importance of fraud detection):

  • What Is an Audit?
  • Types of Auditors
  • The Standard Audit Opinion Illustrated
  • The Parts of the Report
  • Other Types of Audit Reports
  • Why Audits Are Useful to YouEvaluating projects - will it bankrupt the company?
  • Fraud Defined
  • What Causes Fraud

The course answers the following questions:

  • Is the company profitable?
  • Is there enough cash to meet payroll needs?
  • How much debt does the company have?
  • How does the company's net income compare to its budget?
  • What is the balance owed by customers?
  • Has the company consistently paid cash dividends?
  • How much income does each division generate?
  • Should the company invest money to expand?
Duration 2 days
Language English and Arabic
Participants Maximum 20
Fees 2,500 EGP
   

Schedule Runs

2012-12-29 09:00:00
2012-12-30 17:00:00