Finance for Non Finance Professionals
The Finance for Non-Financial course is designed to enable people with no financial background to understand finance and its associated terminology. Professionals who are equipped with a financial background are highly capable of managing any operating scenario and are considered as good decision makers.
Discussing basic accounting principles, concepts and assumptions:
- Going concern assumption.
- Revenue Recognition Principle.
- Matching Principle.
Definition and discussions on basic elements of financial statements:
- Non current assets, PPE, Depreciation and Amortization.
- Inventories, Accounts Receivable and Cash& Cash Equivalent.
- Capital, Reserves, and Retained Earnings.
- Long term and short term liabilities.
- Prepayments and accruals.
- Cost of Goods Sold (COGS), Gross Profit, Operating Income and Net Income.
Working Capital
- What is working capital? Formula and discussion.
- What does the working capital show us?.
- Current ratio and liquid ratio.
- How to increase the working capital of a company?.
Technical Analysis
- Income statement versus Cash flow statement.
- EBITDA versus Net Income.
- Net income and earning per share.
- Net income and earning per share.
Reading and discussing the complete set of financial statements
- Statement of profit or loss and other comprehensive income.
- Statement of financial position (balance sheet).
- Statement of changes in equity.
- Statement of cash flows.
- Notes and disclosures.
Time Value of Money
- Future Value of a single amount.
- Doubling Period.
- Future value of fixed cash flow.
- Present Value of a single amount.
- Present value of fixed cash flows.