Finance for non-finance professional Certification Course is one of the most demanded certification course in UAE at the moment.
This training course provides participants with a detailed understanding of financial statements, assets and ownership, income statement, EBITDA, financial reporting, finance and accounting, cost accounting, profit vs. cash flow, measures of financial leverage, controllable and uncontrollable expenses, fixed and variable expenses in the factory, strategic planning vs. operational planning, budgeting process and more.
This certification course will help participants to understand the key concepts in finance and how they can be applied in real-world scenarios. Upon completion of this course, participants will be able to make better decisions when it comes to financial planning and management.
What will you learn?
If you are looking to improve your knowledge and skills in finance, but you don’t have a formal background in finance or business, then this is the perfect course for you.
In our Finance for Non-Finance Managers course, you will learn all the key concepts and principles of financial management, including budgeting and forecasting, capital investment decisions, cash flow management, valuation methods, corporate financing decisions, and much more.
Whether you are looking to advance your current career or transition into a new field altogether, our comprehensive online course will provide you with all the tools and resources needed to succeed in the world of finance.
Sign up today to get started!
The key financial statements:
- Understanding the accounting cycle
- The five main accounts in financial statements
- Income statement: tool for performance measurement
- Accrual basis versus cash basis
- Balance sheet: tool for financial position
- Statement of owners’ equity
- Statement of cash flows: cash is king
- Wrapping-up: the cycle of financial statements
- External and internal auditors’ responsibilities
Analysis of financial statements:
- Why are ratios useful
- Horizontal and trend analysis
- Vertical analysis: common size statements
- Building blocks analysis and reading through the numbers:
- Liquidity ratios: ability to settle short-term dues
- Solvency ratios: ability to settle long-term dues
- Activity ratios: ability to manage assets efficiently
- Profitability ratios
- Limitations of financial ratio analysis
Working capital management:
- Definition of working capital and working capital management
- Working capital management strategies for current assets
- Balancing profitability and liquidity
- Working capital management strategies for current liabilities
- trade-off between profitability and certainty
Breakeven analysis and decision making:
- Defining fixed costs
- Defining variable costs
- Contribution margin formula
- Computing breakeven point
- Sensitivity analysis: changing assumptions
- Operating budget process and techniques
- What is an operating budget
- Steps to budget development
- Master budget components
- Approaches to budgeting
- Incremental budgeting
- Zero-based budgeting
- Budgetary control and correction
Capital budgeting: the investing decisions
- Examples of exercises involving capital budgeting exercise
- Time value of money: a prerequisite for investing decisions
- Required rate of return for investments
- Examples of cash outflows for capital projects
- Examples of cash inflows for projects
- Net present value calculation
- Internal rate of return
