Convertas Finance for Non-Finance Managers Workshop Convertas
Price: SAR 12,002

    Course details

    Objective
    • Identify different types of costs
    • Define the role of finance
    • What is accounting and what are main accounts
    • How financial statements are prepared
    • Difference between profit and cash
    • What is important in numbers (of a financial statement)
    • Financial Report - a report by numbers
    • Analyze financial statements
    • Evaluate the financial feasibility of a project
    • Budget types and how to prepare a budget
    Outline
    • Basics of Accounting
    • Common definitions and jargons in accounting
    • Accrual versus cash
    • Types of Accounts
    • Income statement
    • Major Accounts
    • Assets, Liabilities and Equity
    • Balance sheet
    • Cash flows
    • Profit and its difference with cash
    • Costs and expenses
    • Direct costs and indirect costs
    • Time value of money
    • Reading a financial statement
    • Interpretation of the financial statement is to reflect business sustainability and profitability
    • Basic principles of appraisal
    • Budgets
    • Types of budgets
    Updated on 16 May, 2024

    Eligibility / Requirements

    There are no eligibility requirements to attend this course.

    About Convertas

    CONVERTAS is a reliable advisory firm, helping organizations develop their activities to align with their objectives adopting the best practices.

    Our trainings and workshops cover all areas of business including Management,Soft Skills and Human Resourses Management, Marketing and Sales, Accounting and Finance, Procurement  and Logistics, targeting organizations, managers and employees. Whether in-house or public, trainings are organized with the highest qualified trainers.

    Our methodology relies more on the use of audio-visual impact which is more effective than the lecture style. Presentations, videos and simulations methods have proven to be very effective for people to remember.

    Moreover, doing and teaching are the best vehicles for learning and remembering. This includes involving the trainee in the teaching process by interacting, through completing worksheets and inciting to explain and present what is acquired.

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