Finance for Non-Finance


Course Objectives

By the end of the course, 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

Course Outline
  • 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

المواعيد المتاحة

برشلونة
من 21-04-2025    الى 25-04-2025
دبى
من 19-05-2025    الى 23-05-2025
ابو ظبي
من 23-06-2025    الى 27-06-2025
شرم الشيخ
من 21-07-2025    الى 25-07-2025
اسطنبول
من 11-08-2025    الى 15-08-2025
دبى
من 08-09-2025    الى 12-09-2025
دبى
من 13-10-2025    الى 17-10-2025
دبى
من 17-11-2025    الى 21-11-2025