Finance for Non Finance Executives هذه الدورة تدرس باللغة الإنجليزية

تفاصيل الدورة

1. Overview & Introduction:

1. What is Finance
2. Bookkeeping
3. Accounting Basics
4. Accounting Rules
5. Accounting Equation
6. Treasury Management and its major objectives
7. Important Financial Terms
8. The nature and need for organisational strategy
9. The role and activities of the finance function
10. The users, uses and different types of financial info

1. The Business Model

• The need for finance, The sources of finance, the costs and the benefits, types of facilities
• Capital and operating expenditure: Fixed assets, Working capital and the operating cycle
• Making and measuring profits-The difference between profits and cash
• Fundamental principles and their impact-Accruals concept & Going concern concept

• Components of Financial Statements
• Preparation of FS
• Introduction to IFRS

• How to read financial information-Tips
• Ratio analysis:GP/COGS/Mark Up/Margin Profitability and return, long term solvency and stability, short term solvency and liquidity, efficiency, techniques for improving working capital management and investor ratios

• How financial decisions are made:
• Net present value, internal rate of return, payback period
• Relevant cash flows
• Opportunity costs
• Time value of money
• Pay back period
• Return on Investments
• Economic Value Added
• Free Cash Flow
• Working Capital

• Different types of costs
• Direct and indirect costs
• Fixed, variable costs, semi variable and stepped costs
• How much does something cost?
• Absorption costing
• Activity based costing
• Impact on pricing
• Break even analysis
• G. Budgeting & Forecasting
• Perceptions around budgeting
• Planning, budgeting and forecasting - what is the difference?
• The budget cycle and how to prepare a budget-Sales Budget, Production Budget, Raw Materials Budget, Raw Materials Budget, Direct Labor Budget, Production Overhead Budget, Budgeted Financials
• Monitoring performance against budget