(Objectives / الأهداف)

- By the end of this training course , participants will able to raise the level of financial awareness and enable them to use the financial information provided to make better short-term or long-term decisions in managing their businesses through:

- Enhancing their role as decision-makers and understand the implications of finance on corporate activities.

- Enabling them to understand and analyze financial statements.

- Preparing them to discuss the relevant financial issues with finance managers in their company.

- Helping them to better understand the impact of various financial decisions on the company’s performance.

(Contents / المحتويات)

-    Financial statements:

-    Understand the main components of a typical set of financial statements or annual report.

-    Appreciate the key underlying accounting concepts used in the preparation of financial statements.

-    Case Study.

-    Business Analysis:

-    Know how to interpret financial statements and analyze businesses approach.

-    Perform a SWOT analysis using financial statements.

-    Cash Operating Cycle:

-    Understand the cash operating cycle and what affects a company’s cash flow.

-    Manage the cash operating cycle.

-    Case Study.

-    Costing:

-    Know the different categories of costs which exist and their implication on costing.

-    Understand costing concepts, and apply them in making business decisions.

-    Case Study.

-    Budget:

-    Need for Budgets.

-    Types of Budgets.

-    Alternative Approaches for Budgeting.

-    Commonly used Budgets.

-    Budgetary Control Process.

-    Limitations of Budgets.

-    Case Study.

 -    Investment Appraisal Tools:

-    Understand the payback period, net present value and internal rate of return methods of project appraisal in decision-making.

-    Understand briefly the concepts of shareholder value, gearing and weighted average cost of capital.

-    Profit versus Cash:

-    Understand the difference between the impact on profit and cash of 15 typical transactions which companies undertake.

-    Why cash is the king!.

-    Warning signals : uncover and appreciate what some of the clear warning signals are in financial statements.

(Participants / المشاركون)

-    Directors, managers or anyone who uses financial information in the field of their work.