Finance for Non-Finance Professionals
Code | Available Dates | Places & Fees | Registeration | ||||||
| |||||||||
| |||||||||
| |||||||||
| |||||||||
| |||||||||
| |||||||||
1- Online Training...with international accreditation. The value of participation per person is €1,450
2-Requirement : specifying the course, number of participants
implementation date, and joint coordination.
Group contracting ... 20% Discount For Each Participant In Any Group Of Five Person Or More
Other Places To Hold The Course :
KualaLumpur.. Istanbul.. Dubai.. Cairo.. Riyadh.. Jeddah.. Abu Dhabi.. Doha.. Muscat.. Sharm El Sheikh.. Kuwait.. Tripoli.. Amman.. Beirut.. Damascus.. Tunisia.. Casablanca.. London.. Paris.. Barcelona.. Amsterdam.. Brussels
Finance for Non-Finance Professionals
Introduction :
Knowledge of basic financial principles is critical to succeeding at any employment level and position. ‘Finance for non-Finance 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 feel more confident when involved with them or using them. This course will improve your performance and prepare you for senior management positions where financial awareness is crucial.
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 critical financial terms such as profit, margins, and leverage
- Interpret the financial health and condition of a company, division, or responsibility center and use financial information for management and evaluation
- Prepare an operating budget and relate it to the organization’s strategic objectives
- Apply capital budgeting techniques to evaluate long-term decisions in projects and capital expenditures
- Use cost behavior concepts to calculate the breakeven point and enhance short-term decision-making
Targeted Audience :
Managers, supervisors, and staff from any function, including finance, need to improve their understanding and usage of financial information.
Course Outlines :
- 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
- Statement of owners’ equity
- Statement of cash flows
- Wrapping-up: The cycle of financial statements
- External and internal auditors’ responsibilities
- Analysis of Financial Statements
- Why ratios are useful
- Horizontal and trend analysis
- 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: Ability to manage assets efficiently
- Profitability ratios
- Limitations of financial ratio analysis
- Working capital management
- Definition of working capital and working capital management
- Various working capital management strategies
- Operating Budget Processes and Techniques
- The meaning of the operating budget
- Steps to budget development
- Master budget components
- Sales forecasting
- Approaches to budgeting
- Incremental budgeting
- Zero-based budgeting
- Budgetary control and correction
- Capital Budgeting: The Investing Decisions
- Examples of decisions involving capital budgeting exercise
- Time value of money: A prerequisite for investing decisions
- The required rate of return for investments
- Examples of cash outflows for capital projects
- Examples of cash inflows for capital projects
- Net Present Value (NPV) calculation
- Internal rate of return (IRR)
- Cost Behavior Concepts and Breakeven Analysis
- Defining fixed costs
- Defining variable costs
- Contribution margin
- Computing breakeven point
- Sensitivity analysis: changing assumptions
European Business Center Training Methodology :
Our training work is presented in a professional and attractive manner.. Interspersed with interceptive information to renew attention throughout the training period… We aim with this method to train the listener and interact… In addition to practical applications that target the direct skills and knowledge required to be achieved.. It is presented to the trainees in more than one way.. Practical exercises and applications.. Surveys and questions.. A training strategy has been adopted based on pairing between the theoretical and the professional and between the local and the global.
What Does The Participant Get From The Course?
Each participant obtains an internationally accredited training certificate from the European Business Center for Training and Development … which has the ISO certificate in quality No. 9001/2015 from the English international company UKAS .. and receives a training bag containing the scientific material via an electronic flash … in addition to an enjoyable and useful training that is reflected Positive and developmental for individuals and the institution
Note :
We can implement the training course in any of the cities referred to in this course..at the appropriate and required time for the trainees..through joint coordination with the training department at the center..the training is implemented in a distinctive manner according to the best quality standards so that we meet all training requirements and needs.
International Accreditations
European Business Center for Training and Development has obtained international and official accreditations with the highest and best international levels scientifically and technically, which reflect the level of outstanding performance in our training work.. so that it achieves what each participant aspires to by obtaining the best certificates with officially approved scientific and technical standards.
