This program assumes basic knowledge of Accounting and Finance as it would be taught in an introductory course by providing participants with a deeper understanding of accounting concepts and to be aware of the basic components of Financial Statements (Balance Sheet, Income Statement, Cash flow & finally Changes of owner equity) & taught in an interactive workshop so that all attendees will be familiar with different financial evaluation tools & techniques ( NPV, IRR …etc.) related to capital budgeting. In addition, participants will learn how to use their resources effectively & efficiently to maximize their or shareholder wealth. Training Overview All of which will be experienced through various games, group activities, scenarios, and story-based narratives
Explain the basic components in financial statements (balance sheet, income statement, cash flow & finally changes of owner equity.
Identify the correlation between the main fs and each other.
Measure the financial position of any company under different types of industries
Determine the strength and weaknesses factors that could affect company performance using excel to be more practical and interactive as well
Evaluate how firms finance invests, and manage themselves in the `real world'
Determine how to take the appropriate financial decision to maximize shareholder wealth within budget constraints.
Use capital budget evaluation techniques to get the scenes of the feasibility study
Difference between Finance and Accounting
Basic Accounting Concepts
Type of Taxation Overview
Accounting equation
Purpose of Financial Statements
The Balance Sheet
Income statement
Cash-Flow Statements
Statement of owner equity
Preparing simple financial statements
Case Study: Preparing simplified financial statements.
The need for ratio analysis of external financial statements
Strengths and weaknesses of ratio analysis
Major ratios commonly used
a) Liquidity ratios
b) Profitability ratios
c) Capital structure ratios
d) Efficiency ratios
e) Basic stock market ratio
Case study: ratio analysis: calculation
Steps for Creating Budget Overview
Free Cash Flow
Introducing the concept of Free Cash Flow
Calculation of Free Cash Flow
Basic Valuation Concepts & Techniques
Time value of money
Discounting FCF
Net present value (NPV)
Cost of capital (WACC)
Cash Flow based valuation
Internal Rate of return (IRR)
Payback period & discounting Payback period
Profitability Index, Cost Benefit Ration
Risk & Defining Risk
Risk Aversion
Characteristics of different types of Risks
Types of risk (Default, Inflation, Maturity, liquidity)
Estimating Interest Rate
Capital Asset Pricing Mode
Non-financial executives from all departments
