s 2 Days Masterclass Training Program In Dubai
Training Overview The Finance for Non-Finance Training Program is ideal for those executives who are seeking to develop a foundation in the fundamentals of finance and accounting. The training program mainly focuses on developing the finance/accounting skills of professional who have little or no finance background. You will learn how to demystify the numbers and how to interpret the financial statements. At next level you will be taken towards the budgeting cycle in an organization and how to prepare the budgets. Financially you will get exposure to project appraisal and making a financial decision about a new project. All concepts will be followed by case studies and practical group exercises.
Key Take-aways WHAT YOU WILL LEARN IN THIS PROGRAM? 1 How Why & How? Demystify the most common myths about accounting & finance. 2 What Income vs Expenses we decide the Income & Expense classification. When to record them? 3 Income Statement is included in it and how to analyze the income statement and its related components. 4 Understand Balance Sheet What is included in balance sheet and how do we interpret its figures. 5 It s Cashflow Statement the cashflow statement and how this depicts the financial health of the Co. 6 Financial Analysis objectives and techniques to conduct financial analysis. Exposure to ratio analysis. 7 Time Budgeting How to plan budgeting process and how to prepare various financial budgets. 8 All Project Evaluation value of money concepts including project appraisal using NPV, IRR and payback methods. 9 Case Studies they key areas will be followed by relevant case study/group exercise.
Training Outline DETAILED TRAINING AGENDA The Why & How of Numbers Demystifying the most commonly used finance/accounting terms Are there any financial regulations that govern the world of accounting & finance? Different methods of accounting i.e. Cash vs Accrual basis Introduction to the Financial Statements containing Income Statement Balance Sheet Cashflow Statement Statement of Changes in Equity The relationship and flow of data among all Financial Statements Revenue & Expenditure Explained What is included in Revenue and what is excluded from it Cash vs Revenue; why these are not same Different types of expenditure used in recording financial transactions What is Cost of Goods Sold Why this is important and how it affects the profitability Income Statement Deep Dive Detailed review of Income Statement and its line items Understanding the key terminology used in the Income Statement What are different types of profits i.e. Gross Profit, Operating Profit, Net Profit What is EBIT and EBITDA and its significance What are the extra ordinary items and how they are viewed while analysing the Income Statement Balance Sheet Deep Dive Key terms used in Balance Sheet i.e. Assets, Liabilities and Equity Understanding the nature of Assets and their classification in Current and Non-Current assets What are intangible assets and how we record them in balance sheet Understanding Depreciation & Amortization How to classify the Current & Non-current liabilities What is included in Equity, Retained Earnings and Reserves?
Training Outline DETAILED TRAINING AGENDA Cashflow Statement Deep Dive Understanding the structure of Cashflow Statement What are different classification of Cashflows according to the activities Cashflow from Operating Activities Cashflow from Investing Activities Cashflow from Financing Activities Establishing the link between cashflow from the above 3 activities and how the business can relate the financing sources with the help of cashflows from different activities Case Study: Analyse the company s operating performance using the cashflow analysis Finance Statement Analysis Ratio Analysis What is the objective for Financial Analysis What are different types of financial ratios? How to calculate and interpret different types of financial ratios including Profitability ratios Liquidity Ratios Solvency Ratios Investor Ratios Are ratios half the picture? How to use ratios to analyse a company s financial health Case Study: Detailed Financial Ratio Analysis of a group Introduction to Budgeting How financial budgets can play a vital role in managing the business? What is the budget cycle? Long run budget vs short run budgets Different budgeting methodologies including static budget, flexible budget, zero based budgets etc. Case Study: Preparing the annual budget plan for a 5 years old company Investment Appraisal & Project Evaluation Techniques Demystifying the Time Value of Money Concept Using time value of money concept calculate the discounted cashflows How to segregate between relevant and irrelevant cashflows when analysing the new project Introduction to various investment appraisal techniques including Net Present Value (NPV) Internal Rate of Return (IRR) Payback Method How to make project decision regarding accepting or rejecting an new project Case Study: Appraising an expansion plan for a new product
Course Director Experienced Finance Professional Mirza Farrukh Baig, FCA Mirza Farrukh Baig is a qualified Chartered Accountant and a career banker. He has over fifteen years of Corporate Training with a focus on Finance, Accounting, Financial Strategy and Risk Management. He is also the lead corporate trainer at Lynchpin delivering specialized training on Finance and Accounting. He has served for eight years in a leading commercial bank in UAE where he was instrumental in strengthening the SME credit risk unit. Apart from approval of banking facilities for SME clients he played instrumental role in developing and implementing the SME credit risk policy of the bank. Currently he is the CEO of Lynchpin Training & Consulting. Farrukh is a fellow member of the Institute of Chartered Accountant of Pakistan (ICAP). He has been awarded gold medal for outstanding performance in his CA final examination, by ICAP. He also went to Harvard Business School to Executive Entrepreneurship training program.
Past Participants testimonials Some of our happy & satisfied particpants; what they say about Lynchpin s training experience Lynchpin s trainer is brilliant & has excellent delivery skills 0 a new way to learn Finance for Non-Finance (VP Human Resource Thuraya UAE) Very persuasive approach by Lycnhpin; Very accurate & worth for whole day listening to the trainer (Director Sales Ferrari World) The best training institute in town I have received so far. The trainer is fun learning! (Logistics Manager Roche Middle East) Nice training, I recommend professionals to take trainings from Lynchpin (Budget Analyst Etisalat) Training was really helpful, thanks. Would love to recommend it for the in-house program! (Audit Specialist DEWA) I am implementing my real work in the training as it applies full to what I do and it came to me at the right time. (Manager L&D The Executive Council - Dubai) Excellent experience with Lynchpin and this session I will never forget. Keep up the good work! (Finance Manager Civil Aviation Authority) Excellent experience with Lynchpin and this session I will never forget. Keep up the good work! (Finance Manager Civil Aviation Authority)
Course Investment FOR A LIFETIME DIVIDEND Regular Fee (1 participants) AED 2,900 per participant Gold Package (2 participants) AED 2,610 per participant Platinum Package (3 or more participants) AED 2,175 per participant
How to Attend this Program? Public Seminar or Run it In-house Ways to Register for the public Program Call us: +971-4-4370704 Email us: info@lynchpintraining.com Visit us: Block 2B, F22, Dubai Knowledge Village Dubai - UAE Visit Our Website www.lynchpintraining.com Run this program in-house tailored to your specific needs and save cost on it too! Call 04-4370704 or drop email to info@lynchpointraining.com to get custom proposal