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Financial Awareness For The Non-Financial Person
'Everything You Need to Know About Business Finance For the Non-Financial Person'

Who Should Attend?
The programme is specially designed for Managers, Sales and Marketing personnel, Account Managers, Executives, etc., who recognise that in order to further their own careers, they would benefit from a greater understanding of how the financial side of their business operates.

About the Programme

Successful Managers, Sales and Marketing personnel, Account Managers, etc., can be even more productive if they have a clear understanding of the financial and commercial considerations that impact on their business. This course is designed to fill this particular knowledge gap in a fast moving format that never gets boring.

The course tutor takes a practical, flexible view of money matters and translates the jargon, conventions, and formats of accounting into simple, easy to understand language, so that the delegate feels comfortable with them and has a clear understanding of what they mean and how they impact on the bottom-line of the individual delegate’s business.

Case study work and practical exercises form an important part of this programme and are reinforced by lively tutor-led discussions.

Course Objectives

  • To cut through the 'waffle' that surrounds business finance and provide a simple understanding of finance and accounting matters
  • To give an overview of the various accounting methods used in industry
  • To provide a simple understanding of basic accounting and finance matters that may impact in a commercial environment
  • To give delegates an insight into the workings of the accounting function within an organization
  • To provide delegates with some ability to analyse and use financial tools as an aid to making better business decisions
  • To discuss specific items of financial and accounting interest specific to an organization

What You Will Gain

  • Greater credibility with customers, distributors, and others who expect an understanding of money matters to feature in any business negotiation
  • A knowledge of the data required from accountants to make better business decisions
  • An ability to read behind accounts and hold your own at any finance meeting
  • A much clearer understanding of the importance of good financial control in your company or organization

Programme Contents
DAY ONE

  • Financial Accounts
    • The Purpose Of Accounts
    • The Profit & Loss Account
    • The Balance Sheet
    • Ratio Analysis
  • Valuation Of Assets
    • Depreciation
      • Straight Line Method
      • Reducing Balance Method
    • Stock Valuation
      • Average Cost
      • FIFO
      • LIFO
  • Working Capital
    • The Working Capital Cycle
    • Key Working Capital Ratios
    • Ways To Improve Working Capital


DAY TWO

  • Costing
    • Cost Types
    • Break Even Analysis
    • Cost & Profit Centres
    • Costing Techniques
      • Full Costing
      • Absorption Costing
      • Standard Costing
      • Marginal / Contribution Costing
    • Factors Affecting Costs
  • Price
    • Factors Affecting Price
    • Pricing Strategies
    • Mark-Up Vs Gross Margin
  • Budgeting
    • The Purpose Of Budgets
    • Budgeting Problems
    • Variance Analysis

2 Days - Non-Residential

Delegate spaces available on the following course dates:

Date: 12th October » 13th October, 2008
Location: Dubai
Brochure Price: Dhs 3160.00
Online Price: Dhs 3,002.00 (Save 5% Online)

Date: 5th November » 6th November, 2008
Location: Abu Dhabi
Brochure Price: Dhs 3160.00
Online Price: Dhs 3,002.00 (Save 5% Online)

Before the course each delegate will be asked to complete a Pre-Course Briefing Form to determine their individual objectives for attending the course. These objectives will be used by the tutor to give on-target training that is focused on the individual delegates.

At the end of the course each delegate will be asked to complete a Personal Development Plan that can be used as part of future appraisals and that will also be an important tool for management reference.

Total investment includes - Training Materials, Lunch & Refreshments.

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Contact Details
Tel: 00971 43362552
Fax: 00971 43362995
Tel: 00971 2 6315338
Fax: 00971 2 6315339
Tel: 00971 50 863 5352
Fax: 00971 6 5623214
Tel: 00974 4369153
Fax: 00974 4341699

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