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Finance For non Financial Managers Course in Dubai.
Throughout this Finance Management Course in Dubai, you will gain the knowledge required to analyse and report on a broad range of financial and business performance information.
Finance For non Financial Managers Course in Dubai
Finance for non-finance managers is a course or program designed to teach business managers and leaders without a financial background the basics of financial management, including financial analysis, budgeting, and financial reporting. The goal is to help non-finance managers understand and use financial information to make better business decisions and communicate more effectively with finance professionals. The program will cover financial statements, cash flow management, financial ratios, and investment analysis.
The finance for non financial managers course is designed to train non financial managers in an organization to understand and communicate effectively in financial matters, improve their financial management skills, and prevent negative impacts on the company’s reputation and finances. It can also help professionals improve their career prospects by gaining a deeper understanding of financial management.
Upcoming Training : Coming Soon
Finance For non Finance Training in Dubai
Simfotix’s professional financial mentor will train attendees in understanding and interpreting financial statements such as accounts, profit and loss statements, and balance sheets. They will also teach financial ratios, accounting standards and rules, and the control of working capital, stock, creditors, debtors, and cash. Additionally, the mentor will assist in managing day-to-day business activity by deciphering information in financial documents and understanding project financing, budgeting concepts, and cash flow management.
Finance For non Finance course in Dubai outline is as follows:
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 vs. revenue expenditure
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 Fee & Instructions for Finance Management Training Course in Dubai, UAE.
Time:
Coming Soon
Regular Fee:
USD 980 Per Participant (Plus VAT)
Team Offer:
Pay for 2 and register 3rd for free
Includes:
Courseware, and SIMFOTIX Certificate
For Registration:
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]
Don’t make any delay and start your journey to turn yourself into successful finance professionals
Finance For non Finance Managers Training in Dubai
Empower your team with financial awareness.
Finance for non-finance managers training is important for higher-level team members in any organization as it helps them understand and navigate financial decision-making. Simfotix provides comprehensive training to ensure managers have a solid understanding of financial management principles. With this knowledge, managers may make better financial decisions that can positively impact the company’s reputation and financial health and negatively impact their professional careers.
Simfotix offers a comprehensive course for non-financial professionals to gain a deeper understanding of financial knowledge, concepts, and skills to empower them in making foresightful decisions as finance managers. The course is designed to be practical, hands-on, and led by finance research, futurism, and practice experts. It is a 2-day course that aims to demystify financial concepts and provide practical tools to enhance performance as a finance manager.
OverviewFinance For non Finance Training in Dubai, is most required one to understand
Finance for non finance training is designed to provide individuals with a basic understanding of financial concepts and tools, including balance sheets, profit and loss statements, and financial ratios. It also covers accounting rules and regulations and explains how to manage cash, stock, creditors, debtors, and working capital. The training aims to help individuals recognize and apply financial information to daily operations and to understand the basics of project financing, budgeting, cash flow, and cash management.
For further information please contact us at -----.com or enroll yourself to start your professional finance manager journey right now in Dubai, UAE.
Finance For non Finance Course in Dubai, outline is as follows:
Understanding of the sources of financial information
This refers to the knowledge of where financial information, such as financial statements and reports, can be obtained and how to properly interpret and use it.
Accounting systems, terminology, and concepts
This refers to the understanding of the various systems, terms, and concepts used in accounting, such as double-entry bookkeeping, debits and credits, and financial statements.
Examine why the timing of a transaction is so important to the finance function
This refers to the importance of accurately recording transactions at the correct time to properly reflect a company’s financial position and performance.
Income vs. expenditure, assets vs. liabilities, capital vs. revenue expenditure
This refers to the distinction between different types of financial transactions, such as income, which represents money coming into a company, and expenditure, which represents money going out. Assets are the resources owned by a company, and liabilities are the company’s obligations. Capital expenditure is the company’s funds to acquire or upgrade physical assets such as buildings, equipment, or land. In contrast, revenue expenditure is the funds used to maintain or repair these assets.
GAAP VS. IFRS accounting principles
This refers to the difference between Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS), the two main sets of accounting standards used in the United States and internationally.
Finance for Non Finance Managers Training in Dubai, UAE: Advantages
To develop financial competency, one should start by thoroughly understanding financial concepts and terminology. This can be achieved through formal education or on-the-job training. Additionally, regularly reviewing financial dashboards and participating in leadership meetings can provide hands-on experience and the opportunity to apply knowledge in a real-world setting. To improve communication and understanding of financial priorities, it is important to stay informed of industry trends and developments and actively seek feedback and input from colleagues and superiors. Building confidence in speaking the financial language of the business can be achieved through practice and experience. It is also helpful to seek mentorship or coaching from more experienced professionals.
Don’t make any delay and start your journey to turn yourself into successful finance professionals
A balance sheet
A balance sheet is a financial statement that displays a company’s assets, liabilities, and equity at a specific point in time. It is used to understand the equation of assets = liabilities + equity.
An income statement
An income statement, also known as a profit and loss statement, is a financial statement that shows a company’s revenue, expenses, and profit or loss over a specific period of time.
A cash flow statement
A cash flow statement is a financial statement that shows a company’s cash inflows and outflows over a specific period of time. It is used to understand a company’s liquidity and ability to generate cash.
The statement of equity
The statement of equity, also known as the statement of shareholders’ equity, is a financial statement that shows changes in a company’s equity over a specific period of time. It is used to understand a company’s ownership structure and how it has changed over time.
Notes disclosures
Notes disclosures are additional information provided in the footnotes of a company’s financial statements. They provide additional detail and context for the information presented in the financial statements.
Accrual basis
Accrual basis accounting is an accounting method where revenue and expenses are recognized when they are earned or incurred, regardless of when cash is received or paid. Cash basis accounting is an accounting method where revenue and expenses are recognized when cash is received or paid.
The cash and credit cycle
The cash and credit cycle refers to the time between a company’s purchase of raw materials and the collection of payment from customers. It is an important trait to consider when assessing a company’s liquidity and ability to generate cash.
Different invoicing methods
Different invoicing methods include using software or an online platform, sending invoices via email or mail, and using a manual invoicing process. The choice of method depends on the company’s needs and preferences.
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Register today and note the results that effective finance management can bring to your company
