Course Outline
The Why & How of Numbers
- Demystifying the most commonly used finance/accounting terms including
- 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
- What is included in Revenue and what is excluded from it
- Cash vs Revenue; why these are not the 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
- A 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 are EBIT and EBITDA and its significance
- What are the extraordinary items and how they are viewed while analyzing the Income Statement
Balance Sheet
- 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 the balance sheet
- Understanding Depreciation & Amortization
- How to classify the Current & Non-current liabilities
- What is included in Equity, Retained Earnings, and Reserves?
Cashflow Statement
- Understanding the structure of Cashflow Statement
- What are the different classification of Cashflows according to the activities
- Cashflow from Operating Activities
- Cashflow from Investing Activities
- Cashflow from Financing Activities
- Establishing the link between cash flow from the above 3 activities and how the business can relate
to the financing sources with the help of cash flows from different activities
Finance Statement Analysis – Ratio Analysis
- What is the objective of 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 analyze a company’s financial health
Introduction to Budgeting
- How can financial budgets 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.
Investment Appraisal & Project Evaluation Techniques
- Demystifying the Time Value of Money Concept
- Using time value of money concept calculate the discounted cash flows
- How to segregate between relevant and irrelevant cashflows when analyzing 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 a new project
Testimonials (3)
SMART Goal session was the most enjoyable part of the training that helped me manage my time properly. it helps me set my goal clearer and i could really see that setting SMART Goal can relate to almost everything such as Finance, Social Life, Career and Personal Growth.
Manot Sae - MVCI (Thailand) Limited
Course - Workshop: Boost your productivity with this new method!
I liked the involvement of the trainer and how her energy involved also the participants, the training was interesting, with many practical supporting facts and examples, practical exercises. It was great!
Jelizaveta (Liza) - ASSTRA Forwarding AG
Course - Stress Management and Prevention
Relevance of the training and the reflection of behaviours already observed in others and myself.