Finance for Non-Finance Professionals هذه الدورة تدرس باللغة الإنجليزية

تفاصيل الدورة

Course Description:

The "Finance for Non-Finance Professionals" program is designed to provide professionals with a solid understanding of essential financial concepts and the skills needed to make informed decisions in their roles. Over three days, participants will learn to analyze key financial statements, evaluate financial performance, manage cash flows, and apply financial analysis to project management. Through practical workshops and industry-specific case studies, this course enables participants to interpret financial data, develop budgets, manage financial risks, and support strategic decision-making, enhancing their ability to contribute to organizational success.

Course Objectives:

Enhance participants' understanding of fundamental financial concepts and how to use financial data to support decision-making.

Enable participants to read and analyze financial reports and understand the impact of decisions on financial performance.

Provide modern tools and techniques for financial performance analysis and improved project management.


Financial and Accounting Fundamentals

Understanding the Financial Framework of Companies:

• Definition of key financial concepts and their importance in project management.
• The relationship between accounting and finance and its impact on organizational strategy.

Key Financial Statements:

• Components of the Balance Sheet, Income Statement, and Cash Flow Statement.
• Understanding financial balance between assets and liabilities.

Managing Cash Flows:

• The importance of liquidity and its role in achieving project stability.
• The relationship between cash flow and profitability.

Financial Ratio Analysis:

• How to analyze profitability, liquidity, efficiency, and solvency ratios.
• Comparing financial performance against industry benchmarks.

Evaluating Project Financial Performance:

• Case studies from the energy and infrastructure sectors.
• Practical applications for interpreting financial reports for projects.

Key Performance Indicators (KPIs):

• Identifying essential financial KPIs for project analysis.
• Leveraging KPIs to support strategic project decisions.

Financial Planning and Strategic Decision Support

Financial Planning and Budgeting:

• Preparing project budgets and setting priorities.
• Analyzing gaps between actual and planned performance

Managing Financial Risks:

• Identifying common financial risks in projects.
• Developing plans to mitigate risks and improve returns.

Supporting Strategic Decisions:

• Utilizing financial analysis to guide project decisions.
• Practical examples of converting financial data into actionable plans

Hands-On Application:

• Workshop for analyzing real-life financial scenarios.
• Preparing a comprehensive financial report for a hypothetical project with actionable recommendations.

Additional Program Features:
Customization:

• Incorporating examples and case studies from the energy and infrastructure sectors tailored to participants' work environments.
• Interactive and Practical Engagement:
• oIncluding interactive workshops using data analysis tools and simulation software.

Expected Outcomes:

Participants will gain a solid understanding of fundamental financial concepts and financial report analysis.

Participants will be capable of providing financial recommendations to enhance organizational performance.

Improved skills in managing financial risks and optimizing operational efficiency in projects.
Financial Analysis and Evaluation Strategies