Course Overview
It became crucial for non-accounting professionals in today’s business world to have the ability to read and digest the financial and accounting statements presented in the form of a budget, and annual financial statements in its three main statements,i.e. financial position statement, income statement, and cash flow statement, in order to understand the context of these statements and grasp their role in the decision-making process within the entities they work for and to participate actively in achieving their objectives.
Key Learning Outcomes
The course aims at providing non-financial professionals with the skills to deal with and interpret financial statements to extract important insights pertaining to the current performance of the company where they work.
By the end of this interactive course, the attendees will be able to:
- Define the four key financial statements: balance sheet, income statement, cash flow statement of changes in owner equity as well as key financial terms such as profit, margins, and leverage used in organizations.
- Interpret the financial health and condition of a company, division, or responsibility center, and use financial information for management and evaluation purposes.
- Distinguish between accounting and finance and explain the finance role in running businesses.
- Prepare a company’s operating budget and align it with the organization’s strategic objectives.
- Apply capital budgeting techniques and cost-volume-profit analysis to enhance decision making.
Target Audience
All managers, supervisors, and staff from any function including finance who need to improve their understanding and usage of financial information.
Methods of Delivery
This training course will combine:
- Presentations with instructor-guided interactive discussions between participants relating to their individual interests.
- Practical exercises, video material case studies.
- Presentations and group discussion in an active and participative way supported by reading and reference materials.
All participants receive a comprehensive binder containing copies of the presentation slides, handouts, and other course material.
Course Details
- Course Date: 23-26 August (4 Days)
- Number of Days: 4 Days
- Timing: 5:00 PM- 9:00 PM
- Language of the Course and Material: Arabic
- Venue: Hotel Venue or Virtual Training
- Certificate: Certificate of Completion for delegates who attend and complete the training course
