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Course Title:

Course ID:

020924 0120 ADDS071PRA

Course Dates :

02/Sep/2024

 To

13/Sep/2024

Course Duration :

10

Course Location:

Milano

Italy

Course Fees GBP £ :

Primary Price

£7,790.51

VAT may vary depending on the country where the course or workshop is held

Course Fees USD $:

Advisory Price

$9,967.92

VAT may vary depending on the country where the course or workshop is held

Course Category:

Professional and CPD Training Programs

Finance, Accounting

Course Certified By:

* Professional Training and CPD Programs
Leading to : Executive Diploma Certificate
Leading to : Executive Mini Masters Certificate
Leading to : Executive Masters Certificate

* ESHub CPD
* LondonUni - Executive Management Training
* Others

United Kingdom

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Course Information

Introduction

Welcome to the Finance for Non-Financial Professionals course.
In today's business environment, understanding financial concepts is essential for professionals across various functions and industries.
This course is designed to provide non-financial professionals with the knowledge and skills necessary to comprehend financial statements, interpret financial data, and make informed business decisions.
Through a blend of theory, case studies, and practical exercises, participants will gain confidence in financial analysis and reporting, enabling them to contribute effectively to organizational success.

Objectives

* To provide participants with a foundational understanding of financial concepts and principles.
* To familiarize participants with financial statements and their role in business analysis.
* To equip participants with the skills to interpret financial data and key performance indicators (KPIs).
* To enable participants to make informed business decisions based on financial information.
* To empower participants to communicate effectively with finance professionals and stakeholders.

Who Should Attend?

Senior engineers, managers, head of department, bankers, non-financials and non- accountants, professional businessmen, auditors, investors, staff and specialists as well as those nominated to join any of these previously mentioned positions.

Training Method

• Pre-assessment
• Live group instruction
• Use of real-world examples, case studies and exercises
• Interactive participation and discussion
• Power point presentation, LCD and flip chart
• Group activities and tests
• Each participant receives a 7” Tablet containing a copy of the presentation, slides and handouts
• Post-assessment

Program Support

This program is supported by:
* Interactive discussions
* Role-play
* Case studies and highlight the techniques available to the participants.

Daily Agenda

The course agenda will be as follows:
• Technical Session 08.30-10.00 am
• Coffee Break 10.00-10.15 am
• Technical Session 10.15-12.15 noon
• Coffee Break 12.15-12.45 pm
• Technical Session 12.45-02.30 pm
• Course Ends 02.30 pm

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Week 1

Day One
How to interpret and Perform Financial Statement Analysis
• Fundamentals of Finance
• Understand basic financial statements and be able to explain their usefulness for the external analysis of a firm.
• Appreciate the usefulness as well as the limitations of financial ratios.
• Resources and uses of Money
• Financial Ratios Analysis
• Du Pont Formula
• Financial & non-financial analysis

Day Two
Financial Forecasting and Techniques
• Role of Financial Forecasting
• New Techniques in Financial Forecasting
• Forecasted Financial Position
• Percentage of Sales Percentage
• Regression Analysis
Syndicate exercise: Working in small groups.

Day Three
Financial Budgeting
• Know the principles used to decide the most capital budgeting criteria.
• Budgeting in today’s competitive business
• The Budgeting Process
• The role of budgeting
• Annual budgeting process
• Identifying and resolving budgeting variances
• Different budgeting systems in use today
• Essential of Finance & Accounting

Day Four
Financial Planning and Control
• Cash-Flow forecast
• Break-even analysis (units and monetary)
• Operating leverage
Asset Management
• Understand the Main Assets Management Techniques
• Working-Capital Management & Short Term Financial

Day Five
Capital Budgeting
• Investment profitability analysis:
• Simple Rate of Return (SRR)
• Calculations
• Return on equity
• Pros and Cons
• Payback Period (PBP)
• Calculations
• Wagner Law
• Discounted Payback Period
• Pros and Cons
• Discounted Cash-Flow methods:
• ▪ Net Present Value (NPV)
• ▪ Internal Rate of Return (IRR)
• Problem Solving, exercises and case studies
• Workshops
• Group exercises and discussions
• Course evaluation
Course Summary

Week 2

Day 1:
Introduction to Financial Concepts
* Overview of finance and its importance in business
* Key financial terms and concepts
* Introduction to financial statements: balance sheet, income statement, and cash flow statement

Day 2:
Understanding Financial Statements
* Detailed examination of the balance sheet
* Analysis of assets, liabilities, and equity
* Ratios and metrics for assessing financial health

Day 3:
Interpreting Income Statements
* Overview of the income statement
* Analysis of revenue, expenses, and profitability
* Gross profit margin, operating profit margin, and net profit margin

Day 4:
Exploring the Cash Flow Statement
* Purpose and components of the cash flow statement
* Operating, investing, and financing activities
* Cash flow analysis and liquidity assessment

Day 5:
Financial Analysis Techniques
* Ratio analysis for performance evaluation
* DuPont analysis and decomposition of return on equity (ROE)
* Trend analysis and benchmarking

Week 3

Day 6:
Budgeting and Forecasting
* Overview of budgeting and forecasting processes
* Budget development and variance analysisTechniques for forecasting revenue and expenses

Day 7:
Capital Budgeting and Investment Decisions
* Introduction to capital budgeting techniques (NPV, IRR, Payback Period)
* Evaluating investment opportunities and projects
* Risk assessment and sensitivity analysis

Day 8:
Cost Accounting Basics
* Understanding cost behavior and cost classifications
* Cost-volume-profit (CVP) analysis and break-even analysis
* Activity-based costing (ABC) and overhead allocation

Day 9:
Financial Decision Making
* Capital structure decisions: debt vs. equity financing
* Working capital management and cash conversion cycle
* Risk management and hedging strategies

Day 10:
Putting It All Together
* Review of key concepts covered in the course
* Case studies and practical exercises
* Final assessment and certification

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.