financial management for non-financil professionals

8/6/2019 Financial Management for Non-Financil Professionals

http://slidepdf.com/reader/full/financial-management-for-non-financil-professionals 1/10

Financial Management for Financial Management for NonNon- - Financial ProfessionalsFinancial Professionals“Learn the Art of money” “Learn the Art of money”

International Center for Etudes ICEInternational Center for Etudes ICEInternational Center for Etudes ICEInternational Center for Etudes ICEhttp://www.ice-egypt.net

E-mail: [email protected]



There is no doubt that financial dimension represents a vital side of any managerialdecision. The highly dynamic business environment of today requires the executive toexpand his/her knowledge into a multi-faceted decision making base – especially financialknowledge - to strive towards more sound decisions and therefore crucial business

repercussions. Acquiring financial knowledge shall provide rationale to the managerialdecisions, and guarantees synergy between the different departmental activities with the’

Financial Management for Financial Management for

NonNon- - Financial ProfessionalsFinancial Professionals“Learn the Art of money” “Learn the Art of money”

.

Course objectivesCourse objectivesCourse objectivesCourse objectives

After finalizing this course executive will be able to:

• Analyzing the basic elements of financial statements

• Using the evidence in financial statements to make a financial decision.

• Evaluate investment opportunities financially

• Understand the role of the working capital in the company

• Monitoring and controlling the critical components of working capital (Cash, AccountsReceivables, and Inventory)



Course Design

The course is tailored to provide a steady progress towards building a holisticcomprehensive outlook of the company’s finances. This should help the top executive indiagnosing the financial threats and opportunities imposed by the financial environment.Hand him a policy tools to deal with them.



Course MethodologyCourse MethodologyCourse MethodologyCourse Methodology

The knowledge and skills transfer depend on three main tools; in class hands on training,computer based applications, and case Studies





Day IIDay II

Working Capital ManagementWorking Capital Management

Working Capital Management

•Working capital management overview

•Working capital estimation and Cash flowmanagement

Day IDay I

Basic Concepts in Financial ManagementBasic Concepts in Financial Management

Economic & Financial Environment

•The Key Financial Statements

•Interpretation of Balance Sheet, Profit & LossAccount and Cash Flow Statement.

c

coun s ece va es anagemen

•Defining the quality of trade account

•Estimating Length of credit period

•Evaluating the cash discount

•Designing firm collection program

•Using Excel for credit policies optimization

Inventory Management

•Calculating total inventory cost

•Economic order quantity

•Calculating the safety inventory qualityand ordering point

•Analysis of Financial Statements

•Analyzing Annual Report & Financial Ratios

•Innovative Techniques for Financial Analysisincluding Du Pont Chart

•Using Financial Information to Manage theBusiness

•Using excel for financial statements analysis



Day IIIDay III

Cost Concepts and Job CostingCost Concepts and Job Costing

• Cost concepts and decision making

• Strategic perspectives in Financial Management including brief introduction to the conceptsof Break Even Analysis, Activity Based Costing and the Balanced Scorecard



• u ge ng rocess u ge ary on ro

• Budget overview

• Budget objectives, responsibility, assumptions and timetable

• Budget Preparation problems & resolves

• Income statement budget:

• Operation Revenues

• Other Revenues

• Budgeting main Cost elements (Material, Manpower

• Operation Costs

• Others Costs



Day IIIDay III

Cost Concepts and Job CostingCost Concepts and Job Costing• Balance Sheet budget:• CAPEX

• Inventory



• Accounts Receivables• Accounts Payable• Loans (STL, MTL, LTL)• Dr& Cr Balances• Equity

• Budget revisions• Budget monitoring & controls• Variances Analysis• Practical Methods, Techniques and Tools in budget preparation, using Excel forbudgeting design and evaluation.



WWWWe can provide all these courses and qualifications in-housein your organization - as they currently feature, or adapted to fit with your particular requirements.

International Center for Etudes ICE

http://www.ice-egypt.netE-mail: [email protected]



in house training, learning and development solutions are a highly flexible, efficient, cost and time effective way to get the maximum return on your training and development investment.

We work with you to deliver solutions that fit exactly with your particular HR and business objectives and requirements.


http://www.ice-egypt.net




Why International Center for Etudes ICE?Why International Center for Etudes ICE?Why International Center for Etudes ICE?Why International Center for Etudes ICE?we will provide high quality, practical and innovative in-

house training, learning and development solutions that will

deliver results on your specific HR and business challenges.


http://www.ice-egypt.net




Thanks

ICE Team

[email protected]: 25786710Fax:25786713

financial management for non-financil professionals

Documents