BEGIN:VCALENDAR VERSION:2.0 PRODID:-//Eventin//Event Calendar//EN CALSCALE:GREGORIAN METHOD:PUBLISH BEGIN:VEVENT UID:c168acfef7890ec4a3dc634054ac68be@egytraining.org SUMMARY:Finance for Non-Financial Professional DESCRIPTION:Introduction\nUnderstanding financial principles is essential f or success at any employment level\, especially for non-financial professio nals. The Finance for Non-Finance Professionals course is designed to trans form financial and accounting concepts into practical decision-making tools you can confidently apply every day. Whether you are a manager\, executive \, or any professional outside the finance department\, this course will pr ovide you with the fundamental financial knowledge needed to enhance your j ob performance\, improve budget management\, increase potential profits\, a nd evaluate the financial health of your organization. You'll also become f amiliar with the financial terminology used by finance and accounting teams \, allowing you to engage more effectively with them. This course will equi p you with the financial awareness crucial for advancing into senior manage ment roles where financial acumen is vital for strategic decision-making.\n Course Objectives\nUpon completion of the course\, you will be able to:\n\n Define the Four Key Financial Statements: Understand and interpret the bala nce sheet\, income statement\, cash flow statement\, and changes in owner e quity.\nMaster Key Financial Terms: Grasp terms such as profit\, margins\, leverage\, and other crucial financial metrics.\nAnalyze Financial Health: Assess the financial health and condition of a company\, division\, or depa rtment\, and use financial data for informed decision-making.\nDifferentiat e Between Accounting and Finance: Understand the distinction between accoun ting and finance\, and how finance plays a critical role in business operat ions.\nPrepare Operating Budgets: Create operating budgets aligned with the strategic objectives of the organization.\nApply Capital Budgeting and Cos t-Volume-Profit Analysis: Learn to use capital budgeting techniques to eval uate investments and apply cost-volume-profit analysis to optimize business decisions.\n\nCourse Outlines\nDay 1: The Key Financial Statements\n\nUnde rstanding the Accounting Cycle: Introduction to the accounting cycle and ho w it reflects business activity.\nThe Five Main Accounts in Financial State ments: Explore the fundamental accounts that appear in financial statements .\nIncome Statement: Learn how the income statement serves as a tool for me asuring performance.\nAccrual vs. Cash Basis Accounting: Understand the dif ference and how each method affects financial reporting.\nBalance Sheet: A tool for evaluating an organization’s financial position.\nStatement of O wners’ Equity: Explore how equity changes over time.\nStatement of Cash F lows: Understand the importance of cash flow in the organization.\nAuditors ’ Responsibilities: Gain insights into the role of internal and external auditors.\n\nDay 2: Analysis of Financial Statements\n\nRatio Analysis: Lea rn why financial ratios are useful for evaluating company performance.\n\nL iquidity ratios: Assess the ability to settle short-term liabilities.\nSolv ency ratios: Evaluate long-term debt repayment capacity.\nActivity ratios: Measure asset management efficiency.\nProfitability ratios: Understand the profitability of a company.\n\n\nHorizontal and Trend Analysis: Evaluate fi nancial data over time for growth patterns.\nVertical and Common Size Analy sis: Standardize financial data to compare with other companies or industry benchmarks.\nLimitations of Financial Ratio Analysis: Understand the poten tial shortcomings of relying solely on financial ratios.\n\nDay 3: Working Capital Management\n\nDefinition of Working Capital: Understand the concept of working capital and how it affects day-to-day operations.\nWorking Capi tal Management Strategies: Learn strategies for managing current assets and liabilities.\nBalancing Profitability and Liquidity: How to ensure busines s growth while maintaining liquidity.\nBreakeven Analysis: Calculate fixed and variable costs to determine breakeven points.\nSensitivity Analysis: Ev aluate how changes in assumptions can impact business decisions.\n\nDay 4: Operating Budget Process and Techniques\n\nOperating Budget Essentials: Und erstand the purpose and components of an operating budget.\nMaster Budget C omponents: Learn how to develop and manage a master budget.\nSales Forecast ing: Techniques for projecting future sales and their impact on the budget. \nApproaches to Budgeting:\n\nIncremental budgeting: Adjusting past budgets .\nZero-based budgeting: Building budgets from scratch based on activities. \n\n\nBudgetary Control and Correction: Monitor and adjust budgets to maint ain financial control.\n\nDay 5: Capital Budgeting and Investment Decisions \n\nCapital Budgeting Techniques: Learn how to assess long-term investments using techniques like Net Present Value (NPV) and Internal Rate of Return (IRR).\nTime Value of Money: Understand the principle that money available today is worth more than the same amount in the future.\nRate of Return for Investments: Calculate the rate of return needed to justify investments.\n Examples of Cash Inflows and Outflows for Projects: Apply budgeting concept s to real-world scenarios.\nRecap of Financial Management: Conclude with a summary of the key concepts in finance for non-financial executives and exp lore the interconnections between finance and accounting.\n\nWhy Attend Thi s Course: Wins & Losses!\n\nComprehensive Financial Knowledge: By attending this course\, you will gain a comprehensive understanding of key financial concepts and learn how to use them to enhance decision-making in your role .\nIncreased Confidence in Financial Discussions: Whether you're a non-fina ncial manager or executive\, you will become comfortable speaking the langu age of finance\, improving your ability to engage with finance teams.\nBett er Budget Management: Learn to prepare\, manage\, and adjust budgets effect ively\, which is crucial for making informed decisions that align with stra tegic objectives.\nImproved Decision-Making: With knowledge of capital budg eting and cost-volume-profit analysis\, you'll make better investment decis ions and contribute to the financial growth of your organization.\nPreparat ion for Senior Roles: This course will prepare you for senior management po sitions where financial literacy is a key competency for success.\n\nConclu sion\nThe Finance for Non-Finance Professionals course provides non-financi al managers and executives with the essential skills they need to succeed i n today’s business environment. Whether you're looking to improve your bu dget management\, understand capital budgeting\, or develop financial acume n to make more informed decisions\, this course covers all the fundamental concepts. By demystifying complex financial terminology and concepts\, you ’ll be better prepared for senior management roles and equipped with the tools to lead with confidence. Don't miss this opportunity to boost your fi nancial literacy and become a more effective\, well-rounded professional! LOCATION:Paris DTSTAMP:20260615T020045Z DTSTART:20260719T034500Z DTEND:20260801T210500Z END:VEVENT END:VCALENDAR