Finance for Non-Finance

2 Day Instructor Led Course - 14 Contact Hours

Upcoming Schedules for Finance for Non-Finance :

Dubai	23/Feb/2025	TBA	TBA

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Center Benefits :

• Corporate Venue: Onsite or at SitesPower

• UAE Ministry of Education Accredited Institute

• International Curriculum

• Certified Instructors

Training Quality Guarantees :

(conditions apply)

• Free Course Trial

• Free Course Repeat

• Corporate HR Investment Guarantee

• Corporate Customization

• Course Version Upgrade

Program Objectives:

Participants take-away:

Explain the functions of financial management and its role in running businesses.
Communicate effectively with finance professionals by using common financial language.
Define the four key financial statements: balance sheet, income, cash flow and changes in owners’ equity as well as key financial terms used in organizations (e.g. profit, margins, leverage, etc.)
Interpret the financial health and condition of a company, division or responsibility center.
Apply capital budgeting techniques and cost- volume-profit analysis to enhance decision making.
Use financial information to manage and evaluate their company or department operations.

Who should attend?
Managers, supervisors and staff from any function including finance that need to improve understanding and use of financial information.

Course outline

Concept of Financial Management

Accounting versus Finance: Rules and Responsibilities
Three Pillars of Finance
- Financing Decisions
- Investing Decisions
- Operating Decisions

The Key Financial Statements

Understanding the Accounting Cycle
The Six Main Accounts in Financial Statements
The Cycle of Financial Statements
Income Statement
Owners’ Equity
Balance Sheet
Cash Flow Statement and Cash Flow Rules
Annual Reports, Auditors’ Opinion and Financial Disclosures
Mapping the Three Pillars of Finance to Financial Statements

Analysis of Financial Statements

Judging the Health of the Business
Vertical, Horizontal, and Trend Analysis
Income Statement Ratios
Balance Sheet Ratios
Analyzing and Interpreting Company Annual Reports
Different Measures of Profitability
Reading through the Numbers

Working Capital and the Financing Decision

Why Manage Working Capital?
Current Asset Classification
The Trade-Off in Working Capital Management Strategies
Sources of Short-Term Financing
Balancing Profitability and Liquidity

Budgeting Process and Techniques

Importance of Budgeting
Main Methods in Budgeting
Incremental Budgets
Zero-Based Budgeting
Activity-Based Budgeting
Participative Budgeting
The Budgeting Process
Budgetary Cost Control

Capital Projects

Time Value of Money
The Capital Budgeting Decision
Methods in Evaluating Capital Projects
Net Present Value and Internal Rate of Return

Break-Even Analysis and Decision-Making

Understanding Break-Even Analysis
Fixed and Variable Cost Behavior
Decision-Making Using Contribution Margin