Course details
Course OverviewThis 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
- Income statement
- Balance sheet: understanding the equation
- Cash Flow Statement
- Statement of Equity
- Notes disclosures
- Owner’s perspective
- Management perspective
- Investor perspective
- Lender perspective
- Horizontal analysis
- Vertical analysis
- Ratio analysis
- Financial ratios
- Operational ratios
- Valuation ratios
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
- Forecast techniques
- How to budget for revenues, expenses and investments
- What best in class companies do
- Short term vs Long term
- Fixed vs Rolling budgets
- Incremental vs Zero Based
- Kaizen budgeting
- Master budgets
- How to set assumptions
- How to evaluate variances
- Variances in fixed budgeting
- Flexible budgeting and variance analysis
- Useful tips on presenting budget variances
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 IndexCourse Location
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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