Financial Management for NonNon- Financial Professionals

Learn the Art of money

International Center for Etudes ICE

http://www.ice-egypt.net E-mail: ice@ice-egypt.net

Financial Management for NonNon- Financial Professionals

Learn the Art of money
There is no doubt that financial dimension represents a vital side of any managerial decision. The highly dynamic business environment of today requires the executive to expand his/her knowledge into a multi-faceted decision making base especially financial knowledge - to strive towards more sound decisions and therefore crucial business repercussions. Acquiring financial knowledge shall provide rationale to the managerial decisions, and guarantees synergy between the different departmental activities with the ultimate companys objective of value maximization. Course objectives After finalizing this course executive will be able to: Analyzing the basic elements of financial statements Using the evidence in financial statements to make a financial decision. Evaluate investment opportunities financially Understand the role of the working capital in the company Monitoring and controlling the critical components of working capital (Cash, Accounts Receivables, and Inventory)

Financial Management for NonNon- Financial Professionals

Learn the Art of money
Course Design The course is tailored to provide a steady progress towards building a holistic comprehensive outlook of the companys finances. This should help the top executive in diagnosing the financial threats and opportunities imposed by the financial environment. Hand him a policy tools to deal with them.

Course Methodology The knowledge and skills transfer depend on three main tools; in class hands on training, computer based applications, and case Studies

Financial Management for NonNon- Financial Professionals

Learn the Art of money
Day I Basic Concepts in Financial Management Economic & Financial Environment
The

Day II Working Capital Management Working Capital Management Working capital management overview Working capital estimation and Cash flow management Accounts Receivables Management Defining the quality of trade account Estimating Length of credit period Evaluating the cash discount Designing firm collection program Using Excel for credit policies optimization Inventory Management Calculating total inventory cost Economic order quantity Calculating the safety inventory quality and ordering point

Key Financial Statements

Interpretation

of Balance Sheet, Profit & Loss Account and Cash Flow Statement. of Financial Statements Annual Report & Financial Ratios

Analysis

Analyzing

Innovative

Techniques for Financial Analysis including Du Pont Chart Financial Information to Manage the Business excel for financial statements analysis

Using

Using

Financial Management for NonNon- Financial Professionals

Learn the Art of money
Day III Cost Concepts and Job Costing

Cost concepts and decision making Strategic perspectives in Financial Management including brief introduction to the concepts of Break Even Analysis, Activity Based Costing and the Balanced Scorecard Budgeting Process & Budgetary Control Budget overview Budget objectives, responsibility, assumptions and timetable Budget Preparation problems & resolves Income statement budget:

Operation Revenues Other Revenues Budgeting main Cost elements (Material, Manpower Operation Costs Others Costs

Financial Management for NonNon- Financial Professionals

Learn the Art of money

Day III Cost Concepts and Job Costing

Balance Sheet budget: CAPEX Inventory Accounts Receivables Accounts Payable Loans (STL, MTL, LTL) Dr& Cr Balances Equity Budget revisions Budget monitoring & controls Variances Analysis Practical Methods, Techniques and Tools in budget preparation, using Excel for budgeting design and evaluation.

We can provide all these courses and qualifications in-house

in your organization - as they currently feature, or adapted to fit with your particular requirements.

International Center for Etudes ICE http://www.ice-egypt.net E-mail: ice@ice-egypt.net

in house training, learning and development solutions are a highly flexible, efficient, cost and time effective way to get the maximum return on your training and development investment. We work with you to deliver solutions that fit exactly with your particular HR and business objectives and requirements.

International Center for Etudes ICE http://www.ice-egypt.net E-mail: ice@ice-egypt.net

Why International Center for Etudes ICE? we will provide high quality, practical and innovative inhouse training, learning and development solutions that will deliver results on your specific HR and business challenges.

International Center for Etudes ICE http://www.ice-egypt.net E-mail: ice@ice-egypt.net

Thanks ICE Team

WWW.ice-egypt.net ice1@link.net Tel: 25786710 Fax:25786713