The purpose of this workshop is to provide professionals and decision-makers, who do not possess a strong grounding in finance, an understanding of their firm's financial paradigm. Participants will gain a detailed understanding of critical financial fundamentals and will, as a result, be able to communicate with financial practitioners with more confidence.

hours

12

language

English

Summary

The purpose of this workshop is to provide professionals and decision-makers, who do not possess a strong grounding in finance, an understanding of their firm's financial paradigm. Participants will gain a detailed understanding of critical financial fundamentals and will, as a result, be able to communicate with financial practitioners with more confidence.

Target Audience

This course will appeal to a wide range of audiences and is intended for Business Professionals who intend to earn financial skills.

Skills Gained

Upon completion of workshop participants will be able to:

  • Identify the main types of assets, liabilities, and stockholder’s equity in the balance sheet of a corporation
  • Identify the principal elements in the income statement of a corporation
  • Interpret a statement of cash flows
  • Understand how investors and managers use balance sheets, income statements, and cash flow statements to aid their decision making
  • Understand how companies make long term capital investment decisions and how decisions can affect the company’s financial result for years to come
  • Follow the principal steps in preparing a master budget
  • Prepare the operating and the financial budget
  • Understand the importance of budgeting to managers
  • Calculate break-even sales volume in total dollars and total units
  • Understand the types of futures contracts and the meaning of indexes

Topics Covered

  • Balance Sheet
  • Assets
  • Liabilities
  • Owners’ equity
  • Working Capital
  • Financial Leverage

  • Operating Expenses
  • Gross Profit
  • EBIT
  • Net Income

  • Operating Activities
  •  Investment Activities
  •  Financing Activities

  • Profitability Ratios
  • Return on Assets
  • Earning Per Share
  • Return on Investment

  • Day Receivables Outstanding
  • Inventory turn over
  •  Solvency Ratios
  • Liquidity
  • Quick Liquidity

  • Compounded Interest Rate
  • Opportunity Cost
  •  Present Value
  • Net present Value
  • IRR

  •  E-Budget
  • Budget Functions
  • Setting Assumptions
  • Operating Budget
  • Capital Budget
  • Cash Budget

  • Cost Behavior
  • Variable Cost
  • Fixed Cost
  • Variable Contribution
  • Graphic Presentation

  • Type of futures contracts
  • Applications

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