Finance and Accounting Essentials for Non-financial Professionals American Chamber
Price: TBA
  • Duration: 7 Hours

Course details

Finance and accounting are at the heart of every business. These functions deal with recording, summarizing, and analyzing financial information across all departments for decision making, directing, and controlling their resources and activities. Every activity or non-activity in an organization has financial implications and financial acumen is expected at every organizational level. Professionals and functional managers in every department and functional area should have a certain amount of comfort and familiarity with the basic accounting and financial concepts, processes and practices so that they can use it to better manage and control their activities and make decisions that support organization's larger goals.

Includes 15 Chapters:

  • Principles of Accounting and Finance for Non-financial Professionals
  • Cash Flow Management Essentials for Non-financial Professionals
  • The Time Value of Money and Investment Decisions for Non-financial Professionals
  • The Essentials of Budgeting for Non–financial Professionals
  • Financial Statements for Non-financial Professionals
  • Analyzing Financial Statements for Non-financial Professionals
  • Increasing Cash Flow in Times of Need
  • Attracting New Investors – Keeping Presentations Focused
  • What is your Gross Profit Margin Ratio really saying?
  • Recognizing The Value of Intangible Assets
  • Recession: How it Affects Business
  • Assessing Nonrecurring Items in Income Statements
  • The Time Value of Money: Possible Pitfalls
  • Depreciation Methods
  • Using Financial Analysis for Credit Decisions
Updated on 21 March, 2016

About American Chamber

Efforts to establish an American Chamber of Commerce in Egypt date back to the 1950s, when Hassan El Abd initiated the idea. But political changes within Egypt kept the idea dormant until 1974, when President Anwar El Sadat initiated the "Open Door" policy.
A by-product of the policy was the formation of the Egypt-U.S. Joint Business Council. Twice yearly, this group of top-level Egyptian and American business executives met to discuss Egyptian business issues. The first resolution of the Council in 1974 called for the creation of an American Chamber of Commerce in Egypt. 
Finally, after seven years of intermittent efforts to found the Chamber, some substantive progress was made in 1981 under the organization of George DeBakey of Rockwell International. He recruited prominent Egyptian and American business leaders who shared his commitment to a chamber. In October 1983, the first board meeting of the American Chamber of Commerce in Egypt was convened.
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