Intensive Program in Finance for Non-financial Leaders

Course Objectives

• Familiarizing participants with basic accounting concepts, of terms, accounting records, restrictions, carrying out, financial statements and financial centers.
• Enabling participants to acquire the skills to record and carry out financial transactions in the accounting records.
• Empowering participants to prepare financial statements (accounting system outputs) and to read and analyze financial statements.
• Providing participants with practical applications that enable them to read and analyze financial statements and the ability to make related decisions.

Who Should Attend?

• General managers, executive managers and their assistants and deputies, managers of technical sectors, information technology, human resources, training and managers of marketing, sales, investment managers, heads of departments who have relations with financial and accounting sectors and those who are rehabilitated to take on middle and top leadership and management tasks, and those who want to know the fundamentals and rules of accounting and finance.

Course Schedule

Basic Concepts about financial accounting

• The concept, objectives and types of accounting and accounts.
• Beneficiaries of accounting information..
• Accounting assumptions and principles.
• Basic accounting conventions.
• Double-entry theory.
• The concept of budget equivalence.
• Practical applications.

Recording of accounting and financial transactions

• Accounting cycle and identifying financial transactions.
• The foundations of the general methodology for recording operations in the accounting system.
• Recording in the journal.
• Transferring to ledger.
• Account balancing and preparing the trail balance.
• Practical applications.

Preparing accounting system outputs

• Preparing financial statements.
• Preparing the income list.
• List of financial status.
• Preparing the cash flow list.
• Practical applications.

Understanding and interpreting financial reports

• The concept and importance of financial reports.
• Understanding of the financial indicators of enterprises.
• Types and methods of presentation of financial reports.
• Preparing the annual reports and how to determine the safety of operations in the enterprise.

Analysis of investment activities

• Analyzing investment returns.
• Analyzing the cost of stocks and debt.
• Analyzing the organization’s performance, liquidity and profitability.
• Repayment methods and cash-flow discounting.
• Working capital Management.
• Capital structure Management.
• Capital projects and how to calculate their value.