A basic understanding of a company's financial statements allows executives and managers to play a full role in shaping its strategy. The course transforms financial and accounting language and concepts into decision-making tools that can be used successfully daily. Beginning with the introduction to the fundamental of accounting and finance, participants will benefit from the hybrid of theories and practical approaches to business decisions. The course is run in both lectures and workshop styles, encouraging active participation in understanding financial statements and business decision-making process for the executives and managers.
Programme benefits
Participants acquire a financial outlook from a management perspective, helping them to interpret information and improve decision-making skills. With a strong grasp of the financial aspects, executives can anticipate the consequences of economic changes and successfully confront challenges in the global economy.
Programme objectives
This course is especially designed for middle to senior officers, who are often required to attend meetings or finalize agreements of a commercial nature involving some elements of finance, feasibility studies and insolvency. This course is intended to give participants some basic understanding of finance with special emphasis on the practical aspects of finance and developing analytical skills as against knowledge.
Workshop agenda
Day 1
- 8:30am
Registration and morning Tea Break.
- 9:00am
Welcomes and introduction.
- 9:15am
what is financial planning?
- 10:30am
Tea Break
- 10:45am
Analyzing the resources
- The Balance Sheet
- The Income Statement
- The Cash Flow statement
- Notes to the accounts
- 12:00pm
Basic Concepts of Financial planning
- Time Value of money
- Diversification –spreading the risk
- Investment timing
- 1:00pm
Buffet lunch
- 2:00pm
Cash flow estimation & risk analysis
- Estimating Cash Flow
- Identifying the relevant cash flows
- 3:30pm
Tea Break
- 5:00pm
End of Day 1
Day 2
- 8:30am
Registration and morning Tea Break.
- 9:00am
Welcome Back and Recap Day1 session.
- 10:30am
Tea Break
- 10:45am
Preparation of Budgets
- Cash Budget
- Budgeted profit & Loss Statement
- Performa Balance sheet
- 12:00pm
Financial analysis
- Evaluating the Business
- Basic of Analysis
- Standard for comparison
- Horizontal analysis
- Vertical Analysis
- 1:00pm
Buffet lunch
- 2:00pm
Ratio Analysis
- Liquidity ratios
- Asset management ratios
- Debt management ratios
- Profitability ratios
- Case Study
- 3:30pm
Tea Break
- 3:45pm
Case Study
- 5:00pm
End of Day 2
Day 3
- 8:30am
Registration and morning Tea Break.
- 9:00am
Welcome Back and Recap Day2 session.
- 9:15am
Current assets management
- Free cash flow, EVA and working capital
- The Cash conversion
- The concept of zero working capital
- 10:30am
Tea Break
- 10:45am
Cash management
- The cash budget
- Cash management techniques
- 1:00pm
Buffet lunch
- 2:00pm
Receivables
- Receivable Management
- Credit policy
- Setting credit period & standard
- Setting the collection policy
- Cash Discounts
- Other factors
- 3:30pm
Tea Break
- 3:45pm
Q & A Session
- 5:00pm
End of Day 3
Other programmes in this track
- Short workshops
Feasibility Studies
A basic knowledge and understanding of a business plan allows executives and managers to give focus to the project and outline alternatives. Surface new opportunities through the investigative process, identify reasons NOT to proceed. Enhance the probability of success by addressing and mitigating factors early on that could affect the project and provide quality information for decision making. The course transforms financial, business and marketing concepts into decision-making tools that can be used successfully by participants in providing a thorough examination of all issues and assessment of probability of business success. The course is run in both lectures and workshop styles, encouraging active participation in understanding feasibility studies and business plans decision-making process for the executives and managers.
- Length
- 3 days
- Syllabus
- 3 syllabus
- Short workshops
Operational Budgets
A basic understanding of a company's financial statements allows executives and managers to play a full role in shaping its strategy. The course transforms financial and accounting language and concepts into decision-making tools that can be used successfully daily. Beginning with the introduction to the fundamental of accounting and finance, participants will benefit from the hybrid of theories and practical approaches to business decisions. The course is run in both lectures and workshop styles, encouraging active participation in understanding financial statements and business decision-making process for the executives and managers.
- Length
- 3 days
- Syllabus
- 3 syllabus