Elegant Training Center Finance for Non Finance Executives Elegant Training Center
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Price: AED 1,500
AED 2,997
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Instructor led live virtual classroom online. Classes may be individual or in group.

Course details

  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
C. Financial Statements
  • Components of Financial Statements
  • Preparation of FS
  • Introduction to IFRS
D. Interpretation of Financial Statements
  • 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
Limitations and pitfalls of numerical analysis
Qualitative measures of performance
 
E. Financial Decision Making
  • 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
 
Behaviour and Management
  • 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
H. Capital Markets
  Updated on 06 January, 2021

Eligibility / Requirements

No pre-requisites required, any manager can take this course

About Elegant Training Center

Elegant Professional and Management Development is a leading training center in Al Barsha, Dubai, specialized in affordable and effective face-to-face training programs in variety of courses like Engineering & IT, Finance, Sales & Marketing and HR & Administration.
 
We design and customize courses and program for people of different walks whether trying to enter into the job market or employees willing to achieve professional development and qualification to secure advancement in their careers and improve their performance level.
 
Our training is stretching, motivating and tailored to the individual learner. We develop and deliver training courses for organizations across all sectors. All of our courses can be tailored specifically to your team’s needs and delivered at your site as well

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