Finance for Non Finance Eminent Educational Institute

Finance for Non Finance

Eminent Educational Institute

Price: AED 4,500

Location: Business Bay - Dubai
Duration: 3 Days
Call: +971 4 4542450

Course details

Course Overview

This course covers important concepts of Finance and helps participants to understand how these concepts are useful for decision ; This two days interactive workshop will give you an understanding of key financial statements and how to apply financial techniques.

Course Outline:

Financial Reporting

Role of Financial Reporting
GAAP vs IFRS
Understanding the accounting cycle
Cash basis versus accrual basis
Understanding Debits and Credits

Financial Statements - Fundamentals

Income statement
Balance sheet: understanding the equation
Cash Flow Statement
Statement of Equity
Notes disclosures

Financial Analysis

Owner’s perspective
Management perspective
Investor perspective
Lender perspective

Trend Analysis

Horizontal analysis
Vertical analysis
Ratio analysis
Financial ratios
Operational ratios
Valuation ratios

Practical Exercise: Perform financial analysis using the tools on a real life company’s financial statements

Frauds and Financial Statement Analysis

Common methods used in financial frauds
Techniques for detecting frauds
Red flags to detect potential frauds

Case Study and Group Discussion on Frauds

Capital Investment Analysis and Decision Making Tools

Payback Period
Discounted Cash Flow
Net Present Value
Internal Rate of Return
Profitability Index

Budget Forecasts and Planning

Forecast techniques
How to budget for revenues, expenses and investments
What best in class companies do

Types of Budgeting

Short term vs Long term
Fixed vs Rolling budgets
Incremental vs Zero Based
Kaizen budgeting
Master budgets
How to set assumptions

Budget Variance Analysis

How to evaluate variances
Variances in fixed budgeting
Flexible budgeting and variance analysis
Useful tips on presenting budget variances

Case Study and Exercise: Conduct budget variance analysis

Cash Flow Budgeting

Cash Budgeting
Why the need?
Cash is KING

Exercise: Prepare cash budgets and ascertain financing needs/decisions
Updated on 03 March, 2020

Job roles this course is suitable for:

Department Heads , Office Manager , Finance Officer , Team leader , HR Professional , Procurement professional , Budgeting and Planing Manager , Department Managers/Supervisors - H&M , Financial Reporting • Role of Financial Reporting • GAAP vs IFRS • Understanding the accounting cycle • Cash basis versus accrual basis • Understanding Debits and Credits Financial Statements - Fundamentals • Income statement • Balance sheet: understanding the equation • Cash Flow Statement • Statement of Equity • Notes disclosures Financial Analysis • Owner’s perspective • Management perspective • Investor perspective • Lender perspective Trend Analysis • Horizontal analysis • Vertical analysis • Ratio analysis • Financial ratios • Operational ratios • Valuation ratios Practical Exercise: Perform financial analysis using the tools on a real life company’s financial statements Frauds and Financial Statement Analysis • Common methods used in financial frauds • Techniques for detecting frauds • Red flags to detect potential frauds Case Study and Group Discussion on Frauds Capital Investment Analysis and Decision Making Tools • Payback Period • Discounted Cash Flow • Net Present Value • Internal Rate of Return • Profitability Index

Course Location

Show map Location Business Bay - Dubai

About Eminent Educational Institute

Eminent offers a range of courses that will enhance your skills, improving efficiency and productivity.

Successful people invest in themselves and Eminent has been assisting individuals for the last 25 years in the process by offering an extensive range of courses, at affordable prices.

Our courses are delivered by subject matter experts with both training as well as industry experience. They are not only professional, but also considerate and sensitive towards varying individual needs and provide the necessary support to every participant during the learning process.

Take a look at what we have to offer and feel free to call us for more information and guidance on how we can help you advance your skills and thereby your career. See all Eminent Educational Institute courses

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