This program assumes basic knowledge of Accounting and Finance as it would be taught in an introductory course by providing participants with a deeper understanding of accounting concepts and to be aware of basic component in Financial Statements (Balance Sheet, Income Statement, Cash flow & finally Changes of owner equity) & taught in an interactive workshop, so that all attendees will be familiar with different financial evaluation tools & techniques ( NPV, IRR …etc.) related to capital budgeting. In addition, participants will learn how to use their resources effectively & efficiently to maximize their or shareholder wealth.
All of which will be experienced through various games, group activities, scenarios, and story-based narratives.
The Training should:
· Be engaging - built with interactive content that draws in active participation
· Be applicable - using real-world scenarios, actual examples and role plays
· Be personalized - reflecting the unique tone and needs of your business
Explain the basic components in Financial Statements (Balance Sheet, Income Statement, Cash flow & finally Changes of owner equity.
Identify the Correlation between the main FS and each other.
Measure the financial position on any company under different types of industries.
Determine the strength and weakness factors that could affect company performance using Excel to be more practical and interactive as well.
Evaluate how firms finance invest, and manage themselves in the `real world'.
Difference between Finance and Accounting
Basic Accounting Concepts
Type of Taxation Overview
Accounting equation
Purpose of Financial statements
The Balance Sheet
Income statement
Cash-Flow Statements.
Statement of owner equity
Preparing simple financial statements
Case Study: Preparing simplified financial statements
The
need for ratio analysis of external financial statements
Strengths
and weaknesses of ratio analysis
Major
ratios commonly used:
liquidity
ratios
profitability
ratios
capital
structure ratios
efficiency
ratios
Basic stock
market ratio
Case
Study: Ratio Analysis: Calculation
Steps for Creating Budget Overview
Free Cash Flow
Introducing the concept of Free Cash Flow
Calculation of Free Cash Flow
Basic Valuation Concepts & techniques
Time value of money.
Discounting FCF
Net present value. (NPV)
Cost of capital. (WACC)
Cash Flow based valuation.
Internal Rate of return (IRR),
Payback period & discounting Payback period
Profitability Index, Cost Benefit Ration.
Risk & Defining Risk
Risk Aversion
Characteristics of different types of Risks
Types of risk (Default, Inflation, Maturity, liquidity)
Estimating Interest Rate
Capital Asset Pricing Model
Middle Management & Top
Management as well
Financial & Non-Financial People
