Course Description
During challenging economic times, financial acumen is expected at every organizational level. This course helps participants to understand the company’s performance as well as learning how to use the numbers given to them to make good business decisions in the short- and long-term and quantify your contributions to the company. The course covers the basic and most important topics related to company's finance.
Course Objectives
- Getting a firm grasp of the numbers side of a job
- Gaining greater confidence with a working knowledge of business financials
- Learning how to “think finance” and translate performance into financial terms
- Expanding professional expertise and career opportunities
Who Should Attend?
- Entrepreneurs
- Managers and board members
- Owners of private business
- Anyone who needs to know about organisational finance
Course Details/Schedule
- Key finance terms: assets, liabilities, capital, depreciation, capitalization, current ratio, and others
- Journals and ledgers
- How debits and credits work
- Mastering the mind-set
- Basic accounting principles
- Applying accounting conventions and guidelines
- Developing working rules regarding corporate financial statements
- Using the balance sheet to examine assets and liabilities
- Analyzing the income statement to assess revenues and expenses
- The statement of cash flow: sources and uses of funds
- Content and format of the annual report
- Understanding the footnotes
- Debt vs. equity financing
- How leveraging can increase return to shareholders
- Cash flow: where cash comes from and how it's applied
- Introduction to Risk and Return
- Time value of money
- Analyzing payback method
- Discounted cash flow
- Present value and present value index in making capital investment decisions
- Understanding the cost of capital
