Finance for Non Finance
14 to 16 Dec 2019 9 am - 4 pm Novotel Barsha, Sheikh Zayed
Road, Dubai, UAE
Finance for Non Finance
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Finance for Non Finance
Course Information 09:30 am - 05:00 pm
Course Overview
This course covers important concepts of Finance and helps participants to understand how
these concepts are useful for decision making. This three days interactive workshop will give
you an understanding of key financial statements and how to apply financial techniques.
Course Objectives
By the end of the session, participants will be able to:
Define the key financial statements: balance sheet, income statement, cash flow as well
as key financial terms such as earnings, margins and leverage used in organizations.
Interpret the financial health and condition of a company, division or responsibility centres
and use financial information for management and evaluation.
Distinguish between accounting and finance and explain the finance role in running
business.
Apply capital budgeting techniques and cost-volume-profit analysis to enhance decision
making.
Course Facilitator
Certified Public Accountant (CPA) as well as a Certified Information Systems Auditor (CISA) and
a Chartered Global Management Accountant (CGMA) from the USA. He has over 18 years of
experience in auditing, accounting, finance, taxation and inventory management as well as
extensive experience in conducting training courses in USA and UAE.
Who Should Attend
This workshop is beneficial for those who are not working in finance/accounting role and
would like to gain the understanding of key financial side.
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Finance for Non Finance
Course Outline
Financial Reporting Budget Forecasts and Planning
• Role of Financial Reporting • Forecast techniques
• GAAP vs IFRS • How to budget for revenues, expenses
• Understanding the accounting cycle
• Cash basis versus accrual basis and investments
• Understanding Debits and Credits • What best in class companies do
Financial Statements - Fundamentals the Types of Budgeting
• Income statement • Short term vs Long term
• Balance sheet: understanding • Fixed vs Rolling budgets
• Incremental vs Zero Based
equation • Kaizen budgeting
• Cash Flow Statement • Master budgets
• Statement of Equity • How to set assumptions
• Notes disclosures
Budget Variance Analysis
Financial Analysis • How to evaluate variances
• Owner’s perspective • Variances in fixed budgeting
• Management perspective • Flexible budgeting and variance
• Investor perspective
• Lender perspective analysis
• Useful tips on presenting budget
Trend Analysis
• Horizontal analysis variances
• Vertical analysis
• Ratio analysis Case Study and Exercise: Conduct
• Financial ratios budget variance analysis
• Operational ratios
• Valuation ratios Cash Flow Budgeting
• Cash Budgeting
Practical Exercise: Perform financial • Why the need?
analysis using the tools on a real life • Cash is KING
company’s financial statements
Exercise: Prepare cash budgets and
ascertain financing needs/decisions
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
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Finance for Non Finance
14 to 16 Dec 2019 9 am - 4 pm Novotel Barsha, Sheikh Zayed
Road, Dubai, UAE
Payment Terms
100% payment for seat confirmation
Payment Options
We accept payments via:
Cash
Cheque drawn in favor of ‘Eminent Educational Institute’
All major credit cards
Bank transfer with below details:
Account Name Eminent Educational Institute
Account # 019120006123
IBAN # AE130330000019120006123
Bank Name Mashreqbank PSC
Bank Address Muraqqabat Road, Dubai
Swift Code BOMLAEAD
Fees
Participants Price / Discount / Total Amount
1 Participant Participant (AED)
2 4,500
3 4,500 -
8,500
4,250 250
12,450
4,150 350
Total amount is inclusive of 5% VAT
What is included?
Certificate of Completion
Course Material
Lunch & Refreshments
Free Parking
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