Overview

If you are not confident working with financial concepts and language, you are not alone! More and more, managers are expected to make financially based decisions without the assurance of a formal financial background.

Finance for the Non-Finance Professional is an in-depth and practical two-day course that demystifies financial concepts and provides tools for enhancing your effectiveness as a manager.

By the conclusion of the course, you will have more clarity, be able to connect the facts with figures, and communicate easily in financial terms. You will be able to comprehend the content of financial statements, analyze and interpret financial information, understand the importance of cash flow, and match your budgets to realistic targets.

What You Will Learn:

• How to interpret accounts, profit and loss statements and balance sheets Use of financial ratios
• Understanding accounts, accounting standards and rules Control of working capital, stock, creditors, debtors and cash Management accounting
• Decipher the information in documents, and use it to manage day-to-day business activity
• Comprehend the project financing, budgeting concepts as well as cash flow & Cash Management.

Benefits:

• Develop the financial competency to review financial dashboards and contribute in leadership meetings
• Improve your ability to understand and communicate financial priorities, measures and issues to benefit the business
• Build your confidence in speaking the financial language of your business

Course Outline

Fundamental of Business Acumen

• Understanding of the sources of financial information
• Accounting systems, terminology, and concepts
• Examine why the timing of a transaction is so important to the finance function
• Income vs. expenditure, assets vs. liabilities, capital

Financial Statement Analysis

• Financial position statement
• Profit and Loss statement
• Cash Flow Statement
• Other Elements of an Annual Report

Analyze a company’s performance using ratio analysis.

• • Vertical analysis : balance sheet and income statement approaches
  • Horizontal, trend analysis and growth
  • Liquidity analysis:
    • Current, quick, and cash ratios, defensive interval and cash conversion cycle
  • Asset management and activity ratios:
    • Total and fixed assets turnover
  • Solvency analysis:
    • Debt, equity, and times interest earned ratios
  • Profitability analysis:
    • Profit margin, gross margin, return on assets, return on equity
  • Market and valuation:
    • Price earnings and earnings-per-share ratios
  • Discuss the Limitation of ratio analysis

Cost of capital

• WACC
• Cost of debt
• Cost of equity
• Return on Assets (ROA)
• Return on Equity (ROE)

Break-even analysis

• Cost classification
• Profit behavior to cost and volume
• Breakeven point

Budgetary Control Techniques

• Budget – As a planning tool
• Budget – As a controlling tool
• Computing variances
• Useful tips on presenting budget variances

Workshop Instructions

• For registration (s) send us your Name, Designation, Organization, and Mobile Number to [email protected]
• For More Information please contact: Qazi Waqas Ahmed Mobile: +971 56 309 0819; Email: [email protected]

Testimonials