About The Program
This course will help participants to raise their awareness of finance and use financial information in making business decisions. This course will enable participants to make a better short or long term decisions in managing their business.
Course Objectives
- By the end of this session, participants will be able to:
- Understand basic accounting principles.
- Explain the different types of financial reports.
- Interpret key financial information.
- Understand the limitation of financial reports.
- Construct a cash budget and proforma statement.
- Evaluate different streams of cash flow.
- Apply common capital budgeting techniques.
- Interpret financial information in decision making and strategic planning.
- Assess the financial viability of current plans and projects.
- Manage and control the budget effectively on a day to day basis.
Course Outline
- Introduction and Expectations
- Understanding the importance of financial statements.
- Analyzing the Tools for Preparing Financial Statements
- Understanding double entry concepts.
- Recording transactions in Journals, Cash Book and General Ledger.
- Understand the difference between Income Statement and Balance Sheet.
- Assumptions and sources of information
- Understanding relevant and achievable targets.
- KPIs and assessments relevant to company.
- Understanding Financial Statements
- Accounting terminology within financial statements.
- Contents of Income Statements, Balance Sheet and Cash Flow.
- Understand Income and Balance Sheet.
- Understand Cash Flows.
- Analyze and Interpret Financial Statements
- Understanding vertical analysis.
- Understanding ratios.
- Limitations of financial statements
- Understand the pitfalls of over relying on financial statements.
- Understand the limitations of ratios.
- Planning and Budgeting
- Understand the financial planning process.
- How to prepare a cash budget?
- How to prepare a proforma statement?
- Capital Budgeting and Investment Analysis
- Understand and evaluate different streams of cash flow.
- Describe the characteristics of capital expenditure.
- Describe the capital budgeting process.
- Understand and apply the following capital budgeting techniques:
- Payback period.
- Net present value.
- Internal rate of return.
- Assets.
- Liabilities.
- Revenue.
- Expenses.
Duration
18 hours (3 days, 6 hours each day)
Location
Online Live Classroom / Face to Face
Fees
Please submit above form to receive registration and fee information.
What is included?
Certificate of Completion
Training Materials
Post Training Support
Lunch and Refreshments
Free Valet Parking
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