* All fees are exclusive of vat ** PREMIUM - Customize your learning experience
Financial skills and knowledge are vital for all managers in all organizations. A more challenging business and economic climate and an increase in the financial delegation are making this even more so. Many senior professionals miss formal training in finance and often feel uncomfortable when discussing financial matters with their peers and financial professionals.
What Do Participants Learn?
Read and interpret financial statements
Analyze business performance
Contribute to cash and working capital management
Build budgets and Manage costs and budgets
Present business cases and utilize financing techniques to improve decision making
Who Should Attend?
Financial officers and planners
Anyone interested and wanted to develop his performance in finance
What Will the Learning Experience Include?
Comprehensive pre-program activities include:
Web-based information forms & surveys completed by attendee.
Direct consultation with the attendee about the expectations.
During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
Participants learn from expert trainers who have both academic and business experiences.
Highly applicable training content & instructive activities for adding depth to training topics.
**A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Explore & Practice
Apply & sustain the learning experience by using this ongoing support:
To ensure participant has new skills or behavior progress.
Optional, fee-based mentoring & coaching with the trainer.
Training materials & additional documents (e-books, pdf files, presentations and articles)
Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
Accounting Terminology and Policies
Accounting as an information system
The accounting equation- what does it mean
Generally Accepted Accounting Principles
Differentiating between cash and accrual basis accounting
Basic cash flow statements
Walking through an Annual Report
The annual report package
The role of the external auditor
The accountant’s report and auditor’s opinion
How To Interpret Accounts and Financial Statement Analysis
Preparing income statement & balance sheet
Financial and liquidity ratios
The cash conversion cycle
Working capital management
Profitability and gearing ratios
Du Pont Formula
Financial & Non-financial analysis
Z- Scores and credit ratings
Bank lending decisions
Planning for Profit
Understanding and working with costs
Plan for cost reduction and profit improvement
Fixed and variable costs income statement
Costing approaches – Full Absorption, Marginal, ABC