الخطوط العريضة

• Key finance terms: assets, liabilities, capital, depreciation, capitalization, current ratio and others
• The accounting process: journals and ledgers, how debits and credits work
• Mastering the mind-set: see business in terms of dollars-and-cents decision options that pay off—short- and long-term
• Basic accounting principles
• Applying accounting conventions and guidelines
• Developing working rules regarding your corporate financial statements
• Using the balance sheet to examine assets and liabilities
• Analyzing the income statement to assess revenues and expenses
• The statement of cash flow: sources and uses of funds
• Content and format of the annual report
• Understanding the footnotes
• Debt vs. equity financing
• Cash flow: where cash comes from and how it's applied
• Elements of cost accounting
• Basic Accounting Concepts
• The Importance of the Accounting Equation
• The Significance of Generally Accepted Accounting Principles (GAAP)
• The Accrual Process
• The Difference between Accounting Profit and Cash Flow
• Reviewing an Annual Report
• Various Components of an Annual Report
• Importance of Notes in Evaluating Financial Statements
• External Auditor’s Role and the Significance of the Opinion Letter
• Evaluating a Company’s Financial Statements
• Calculate the Key Financial Ratios Using the Financial Statements
• Use Financial Ratios to Evaluate:

—An Organization’s Liquidity, Leverage and Profitability
—The Performance of an Organization as Compared to Its Competitors’
—An Organization’s Performance Compared with Budgeted Goals

• Identify Sources of Financial Information beyond the Financial Statements
• Improving Profitability through Cost Analysis and Profit Planning
• Differentiate between Fixed and Variable Costs
• Help Your Organization Improve Profitability through the Use Of:

—Break-even Analysis
—Contribution Margin Analysis
—Direct Costing in Appropriate Situations

• Understand Why Cash Has a Time Value
• Understand the Budgeting Process

من ينبغى أن يحضر

This program is designed for non-financial managers in every functional area of responsibility in all industries.

Note: Please bring a Laptop and a copy of your annual report (if available).

المدة

5 أيام