Course details
This course is designed for managers and executives with little or no knowledge of accounting and finance. Its aim is to introduce the accounting concepts and help participants to make sense of financial statements in a simple way.
This will be an interactive programme engaging participants to learn the basics of accounting and the importance of financial statements. Besides being able to read financial statements, participants will be introduced to financial analysis, cash flow management and investment decision making such as payout period, Net Present Value and Internal Rate of Returns.
How Will You Benefit?
After the workshop, you will be able to:
- learn the basics of accounting
- interpret the financial statements
- monitor business cash flow to ensure healthy cash position
- analyse using financial ratios
- make use of investment decision making tools for project evaluation
What Will You Learn?
Introduction to the importance of financial statements
- Areas of interest for stakeholders
Basic accounting concepts and principles
- Entities
- Process flow of accounting
- Characteristic of good financial statements
- Accounting concepts
- Accounting standards and guidelines
Explanation of accounting terms used in the financial statements
- Components of financial statements
What are Income Statement, Balance Sheet and Cash flow statements?
- How to read Income statements?
- What is a Balance sheet?
- Cash flow statement - What do all the terms mean?
Uses and limitations of financial statements
Interpretation of Financial Statements using Ratios Analysis
- Profitability ratios
- Liquidity ratios
- Efficiency ratios
- Financial structure
Understanding time value of money
- Time cost of money
- Compound interest and future values
Evaluation of projects using various tools
- Payback Period
- Net Present Value
- Internal Rate of Returns
Course Location
Finance Related Questions
- Financial Statement & Decision Analysis EVREN EDUOLC SOLUTION PRIVATE LIMITEDAED 51
AED 103Duration: Upto 7 Hours - Chief Financial Officer (CFO) Diploma (Master's) City of London College of EconomicsAED 1,098Duration: Upto 9 Months