Finance for non-Finance Professionals Course in Dubai | Zovetex
Learn essential finance concepts without a finance background. Join Zovetex Dubai’s practical “Finance for Non-Finance Professionals” course and make confident business decisions.
- English
The Why & How of Numbers
- Demystifying the most commonly used finance/accounting terms
- Are there any financial regulations that govern the world of accounting & finance?
- Different methods of accounting i.e. Cash vs Accrual basis
- Introduction to the Financial Statements containing
Income Statement
Balance Sheet Cash flow Statement
Statement of Changes in Equity - The relationship and flow of data among all Financial Statements
Revenue & Expenditure –Explained
- What is included in Revenue and what is excluded from it
- Different types of expenditure used in recording financial transactions
- Cash vs Revenue; why these are not same
- What is Cost of Goods Sold –Why this is important and how it affects the profitability
Income Statement –Deep Dive
Detailed review of Income Statement and its line items
Understanding the key terminology used in the Income Statement
What are different types of profits i.e. Gross Profit, Operating Profit, Net Profit
What are the extra ordinary items and how they are viewed while analysing the Income Statement
What is EBIT and EBITDA and its significance
Introduction to Budgeting
- How financial budgets can play a vital role in managing the business?
- What is the budget cycle?
- Long run budget vs short run budgets
- Different budgeting methodologies including static budget, flexible budget, zero based budgets etc.
- Case Study: Preparing the annual budget plan for a 5 years old company
Instructor
Sarah Smith
A professional teacher who is an expert in the fields of visual design, video editing, animation and motion effects.
Balance Sheet –Deep Dive
- Key terms used in Balance Sheet i.e. Assets, Liabilities and Equity
- Understanding the nature of Assets and their classification in Current and Non-Current assets
- What are intangible assets and how we record them in balance sheet
- Understanding Depreciation & Amortization
- How to classify the Current & Non-current liabilities
- What is included in Equity, Retained Earnings and Reserves?
Cash Flow Statement –Deep Dive
- Understanding the structure of Cash Flow Statement
- What are different classification of Cash Flows according to the activities:
- Cash Flow from Operating Activities
- Cash Flow from Investing Activities
- Cash Flow from Financing Activities
- Establishing the link between cash flow from the above 3 activities and how the business can relate the financing sources with the help of cash flows from different activities
- Case Study: Analyze the company’s operating performance using the cash flow analysis
Finance Statement Analysis –Ratio Analysis
- What is the objective for Financial Analysis
- What are different types of financial ratios?
- How to calculate and interpret different types of financial ratios including:
- Profitability ratios
- Liquidity Ratios
- Solvency Ratios
- Investor Ratios
- Are ratios half the picture?
- How to use ratios to analyze a company’s financial health
- Case Study: Detailed Financial Ratio Analysis of a group
Investment Appraisal & Project Evaluation Techniques
- Demystifying the Time Value of Money Concept
- Using time value of money concept calculate the discounted cash flows
- How to segregate between relevant and irrelevant cash flows when analyzing the new
project - Introduction to various investment appraisal techniques including:
- Net Present Value (NPV)
- Internal Rate of Return (IRR)
- Payback Method
- How to make project decision regarding accepting or rejecting an new project
- Case Study: Appraising an expansion plan for a new product
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