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Course Title:

Course ID:

090924 0101 3530ESH

Course Dates :

09/Sep/2024

 To

13/Sep/2024

Course Duration :

5

Course Location:

London

United Kingdom

Course Fees GBP £ :

Primary Price

£4,555.99

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

Course Fees USD $:

Advisory Price

$5,829.09

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

This course is designed for non-financial professionals who want to learn how to read and analyse financial statements and budgets.
You will gain an understanding of the basic concepts and principles of accounting, finance, and budgeting, as well as the tools and techniques to interpret and evaluate financial information.
You will also learn how to use financial information to support decision-making and planning in your organization.

Objectives

Participants attending the programme will:
• Understand, what is the finance?
• Analyse nature, objectives, and function of Accounting Information System
• Study the main components of the financial Statements, and learn how to Read and Analyse
• the Financial Statements.
• Investigate how to apply accounting processing activities.
• Master the skills to value a firm using accounting information along with all other information.
• Understand Accounting terminology and policies.
• Understand the relationships between planning, accounting, and the budgeting process.
• Review the income statement, balance sheet, and statement of cash flows.
• Be able to add credibility to their budgets financial statement analysis.
• Be able to understand the importance of cash flow forecasting.
• Know the difference between cash flow and profitability.
• Project analysis

Who Should Attend?

Managers, head of department, non-financials and non-accountants, professional businessmen, 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
The Basics
• Accounting Terminology and Policies
• Accounting as an information system
• The accounting equation- what does it mean
• Generally accepted Accounting Principles
• Differentiating between cash and accrual basis accounting
• Basic cash flow statements
• Walking through an Annual Report
• The annual report package
• The role of external auditor
• The accountant’s report and auditor’s opinion
Syndicate exercise: Working in small groups.

Day Two
The Role of Financial Management
• Consider the history of financial thought.
• Understand the financial goal of the firm.
• Appreciate the limitation of profit maximization as a goal.
• Realize the financial decision involve a risk-return trade-off.
• Distinguish the pros and cons of various business forms.
• Understand the key financial decision areas confronting firms.
• 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 Three
How to interpret and Financial Statement Analysis
• 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 rations.
• Preparing income statement & balance sheet
• The cash conversion cycle
• Activity, Profitability, and gearing Ratio Analysis
• Du Pont Formula
• Financial & Operating analysis

Day Four
Planning for Profit
• Plan for cost reduction and profit improvement.
• Fixed and variable costs income statement
• Break-even analysis
• Contribution margin
• The importance of fixed-cost allocation
Working in small groups on task-based Accounting.

Day Five
Cash Flow Analysis & Forecasting
• Capital budgeting.
• Weighted Average Cost of Capital
• Present Value
• Internal Rate of Return – method
• Profitability Index
• Discounted cash flow
• Working-Capital Management & Short Term Financial
• Know the principles used to decide the most capital budgeting criteria.
• Understand the main discounted cash flow criteria for project evaluation.
• Appreciate when taxation has role to play in capital budgeting decisions.
• Understand the fundamentals of how to measure a project’s benefits.
• Appreciate the nature of the keys to finding profitable projects.
Problem Solving, exercises and case studies.
Workshops, Group exercises and Discussions, Program evaluation, Program Summary

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.