www.eminentinstitute.com 1
Finance for Non Finance
14 to 16 Dec 2019 9 am - 4 pm
Finance for Non Finance
Novotel Barsha, Sheikh Zayed
Road, Dubai, UAE
www.eminentinstitute.com
www.eminentinstitute.com 2
Finance for Non Finance
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.
Course Information
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
09:30 am - 05:00 pm
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Finance for Non Finance
Course Outline
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 Index
Budget Forecasts and Planning
• Forecast techniques
• How to budget for revenues, expenses
and investments
• What best in class companies do
Types of Budgeting
• Short term vs Long term
• Fixed vs Rolling budgets
• Incremental vs Zero Based
• Kaizen budgeting
• Master budgets
• How to set assumptions
Budget Variance Analysis
• How to evaluate variances
• Variances in fixed budgeting
• Flexible budgeting and variance
analysis
• Useful tips on presenting budget
variances
Case Study and Exercise: Conduct
budget variance analysis
Cash Flow Budgeting
• Cash Budgeting
• Why the need?
• Cash is KING
Exercise: Prepare cash budgets and
ascertain financing needs/decisions
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Finance for Non Finance
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 /
Participant
Discount /
Participant
Total Amount
(AED)
1 4,500 - 4,500
2 4,250 250 8,500
3 4,150 350 12,450
Total amount is inclusive of 5% VAT
What is included?
 Certificate of Completion
 Course Material
 Lunch & Refreshments
 Free Parking
14 to 16 Dec 2019 9 am - 4 pm
Novotel Barsha, Sheikh Zayed
Road, Dubai, UAE

Finance for non finance

  • 1.
    www.eminentinstitute.com 1 Finance forNon Finance 14 to 16 Dec 2019 9 am - 4 pm Finance for Non Finance Novotel Barsha, Sheikh Zayed Road, Dubai, UAE www.eminentinstitute.com
  • 2.
    www.eminentinstitute.com 2 Finance forNon Finance 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. Course Information 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 09:30 am - 05:00 pm
  • 3.
    www.eminentinstitute.com 3 Finance forNon Finance Course Outline 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 Index Budget Forecasts and Planning • Forecast techniques • How to budget for revenues, expenses and investments • What best in class companies do Types of Budgeting • Short term vs Long term • Fixed vs Rolling budgets • Incremental vs Zero Based • Kaizen budgeting • Master budgets • How to set assumptions Budget Variance Analysis • How to evaluate variances • Variances in fixed budgeting • Flexible budgeting and variance analysis • Useful tips on presenting budget variances Case Study and Exercise: Conduct budget variance analysis Cash Flow Budgeting • Cash Budgeting • Why the need? • Cash is KING Exercise: Prepare cash budgets and ascertain financing needs/decisions
  • 4.
    www.eminentinstitute.com 4 Finance forNon Finance 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 / Participant Discount / Participant Total Amount (AED) 1 4,500 - 4,500 2 4,250 250 8,500 3 4,150 350 12,450 Total amount is inclusive of 5% VAT What is included?  Certificate of Completion  Course Material  Lunch & Refreshments  Free Parking 14 to 16 Dec 2019 9 am - 4 pm Novotel Barsha, Sheikh Zayed Road, Dubai, UAE