| Start Date | End Date | Country | City |
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+966 920007771
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Objectives
By the end of this course, you will be able to:
- Understand basic accounting principles and terminology
- Determine the nature and objectives of financial management
- Define accounting as an information system.
- Understand the process of finance and investment decision making
- Analyze enterprise’s liquidity, profitability and activity strength
Identify uses and limitations of financial information
Outlines
Day One:
- What is accounting?
- The Importance of Accounts
- Why are accounts needed?
- Basic accounting equation
- General rules of accounting
- Accounting process
- Overview of financial statements
- Balance sheet:
- Typical layout of a Balance Sheet
- Fixed assets
- Current assets
- Creditors (Due within one year)
- Creditors (Do after more than one year
- Net current assets
- Share Capital
Day Two:
- Profit and Loss Statement
- Typical layout of a Profit and Loss Account
- Revenue/Sales income
- Cost of goods sold
- Gross profit
- Overheads
- Depreciation
- Profit before interest and tax/operating profit
- Interest earned and interest paid
- Profit before tax
- Taxation
- Profit after tax
- Dividends
- Retained profit
Day Three:
- Managing Money
- Where did the money come from?
- Where did the money go to?
- Cash flow statement
- Group exercises on financial statements
- Introduction to financial statement analysis
- Benefits of ratios
- Liquidity analysis
- Profitability analysis
- Limitations of financial information
- Group exercises on financial statements
Implementation and Practical Cases
Who Should Attend
- Managers, Members of Board Directors, High Administration and All Levels of Responsibility in accounting and finance
-
All Administrative Staff who are Responsible of Taking Financial Decisions
Duration
5 Days
