- Location: Business Bay - Dubai
- Duration / Course length: 2 Days
- Starting Date: Enquire About It
- Timings: Enquire
Course details
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.
- Components of the Balance Sheet, Income Statement, and Cash Flow Statement.
- Understanding financial balance between assets and liabilities.
- The importance of liquidity and its role in achieving project stability.
- The relationship between cash flow and profitability.
- How to analyze profitability, liquidity, efficiency, and solvency ratios.
- Comparing financial performance against industry benchmarks.
- Case studies from the energy and infrastructure sectors.
- Practical applications for interpreting financial reports for projects.
- Identifying essential financial KPIs for project analysis.
- Leveraging KPIs to support strategic project decisions.
Financial Planning and Budgeting:
- Preparing project budgets and setting priorities.
- Analyzing gaps between actual and planned performance
- Identifying common financial risks in projects.
- Developing plans to mitigate risks and improve returns.
- Utilizing financial analysis to guide project decisions.
- Practical examples of converting financial data into actionable plans
- Workshop for analyzing real-life financial scenarios.
- Preparing a comprehensive financial report for a hypothetical project with actionable recommendations.
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 Updated on 02 January, 2025
Eligibility / Requirements
The course is specifically tailored for professionals who do not have a formal financial
Job roles this course is suitable for:
Project Managers , HR Professional , Operations Manager , Managers in Non-Financial Roles , Entrepreneurs and Business Owners , Consultants and AdvisorsCourse Location
About The Gulf Consultant
About the Gulf Consultant
The Gulf Consultant for Consultancy and Training was founded in 1996 in Dubai, United Arab Emirates. As a specialized consultancy institution in the fields of consulting, training, studies, and research, we are dedicated to serving businessmen. Our mission is to provide quality and specialized services in economic, administrative, and international trade areas, particularly in trade remedies (anti-dumping), competition, and issues related to the World Trade Organization.
We also aim to develop human capital in both the public and private sectors by offering professional and distinguished training services in these fields. Additionally, we provide high-quality consultancy and logistical services to investors and entrepreneurs, guiding them from idea evaluation and feasibility studies to establishing companies, conducting market research, and project evaluation. All of this is carried out while adhering to professional standards and international performance specifications.
Our team consists of highly competent experts and consultants who collaborate with leading international institutions and think tanks. We strive for excellence and innovation, providing solutions that meet our clients’ aspirations and contribute to achieving their strategic goals. By fostering sustainable partnerships, we enhance our value and impact within the business community.
Strategic Partners
We are proud to collaborate with esteemed strategic partners, including:
- KHDA
- SBA Consulting
- UMC
- Emirates Glass
- Paragon
- Sharjah Chamber of Commerce and Industry
- WHY FIVE
- Supreme Council for Family Affairs
What Sets Us Apart
- Distinguished Experience: We have extensive expertise in the fields of economics, management, training, and the World Trade Organization, particularly in trade remedies.
- Experienced Team: Our training, consulting, and functional staff have long-standing and distinguished careers in their respective fields.
- Cultural Awareness: We possess a deep understanding of the culture and business environment in the Gulf Cooperation Council (GCC) countries while staying updated on global developments.
- Continuous Assessment: We conduct ongoing evaluations of market strategies and business environments according to international standards.
- Work Ethics: We are committed to high levels of work ethics and transparency, providing outstanding service to our clients.
Mission
Our mission is embodied in excellence and creativity to provide consulting services of international standards. We strive for leadership by innovating comprehensive and inventive solutions that meet our clients’ aspirations and contribute to achieving their strategic goals. We believe in the continuous effort to build sustainable partnerships that enhance the value of our existence and impact in the business community.
Vision
Our vision is to achieve leadership with international standards, setting benchmarks in quality and innovation within the consultancy and training sectors.
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