Essentials of Finance and Accounting
| Start Date | End Date | Venue | Fees (US $) | ||
|---|---|---|---|---|---|
| Essentials of Finance and Accounting | 29 Mar 2026 | 02 Apr 2026 | Riyadh, KSA | $ 3,900 | Register |
| Essentials of Finance and Accounting | 06 Sept 2026 | 10 Sept 2026 | Kuala Lumpur, Malaysia | $ 4,500 | Register |
| Essentials of Finance and Accounting | 29 Nov 2026 | 03 Dec 2026 | Dubai, UAE | $ 3,900 | Register |
Essentials of Finance and Accounting
| Start Date | End Date | Venue | Fees (US $) | |
|---|---|---|---|---|
| Essentials of Finance and Accounting | 29 Mar 2026 | 02 Apr 2026 | Riyadh, KSA | $ 3,900 |
| Essentials of Finance and Accounting | 06 Sept 2026 | 10 Sept 2026 | Kuala Lumpur, Malaysia | $ 4,500 |
| Essentials of Finance and Accounting | 29 Nov 2026 | 03 Dec 2026 | Dubai, UAE | $ 3,900 |
Introduction
Understanding the nature of financial reports and being able to analyze and interpret financial information offers a perspective on the business operations, which will enable a greater contribution to the success of the business as a whole. This course explains the full scope of the financial systems and enables personnel who work in the finance function as well as that outside, to deal with information and reporting supporting by a foundation of the important aspects of theory together with practical methods and techniques.
Objectives
- Accounting terminology and policies
- Relationships between planning, marketing, and accounting
- The budgeting process
- The income statement, balance sheet, and statement of cash flows
- Adding credibility to your budgets
- Financial statement analysis
- Cash flow forecasting
- The difference between cash flow and profitability
- Understand the basic concepts of finance
- Interpret the organization's financial signals
- Think and speak the language of finance
- Read balance sheets and profit-and-loss statements
- Control the cash flow
BENEFITS: Participants will be able to:
Training Methodology
This is an interactive course. There will be open question and answer sessions, regular group exercises and activities, videos, case studies, and presentations on best practices. Participants will have the opportunity to share with the facilitator and other participants on what works well and not so well for them, as well as work on issues from their own organizations. The online course is conducted online using MS-Teams/ClickMeeting.
Who Should Attend?
This course is designed for personnel who do not have an in-depth knowledge of accounting, and who need to acquire a broader understanding of finance to improve their current role or plan their future career. Non-financial personnel who use financial information in their job and are called on to make financial decisions
Course Outline
MODULE 1: Accounting Terminology and Policies
- ·Accounting as an information system
- ·The accounting equation
- ·Generally accepted Accounting Principles
- ·Differentiating between cash and accrual basis accounting
- ·Basic cash flow statements
MODULE 2: The Budgeting Process
- The role of budgeting
- Annual budgeting process
- Identifying and resolving budgeting variances
- Different budgeting systems in use today
- Budgeting tips and techniques
MODULE 3: Financial Statement Analysis
- Preparing income statement & balance sheet
- Financial and liquidity ratios
- The cash conversion cycle
- Profitability ratios
- DuPont Formula
- Financial & Non-financial analysis
MODULE 4: Tools for Profit Analysis
- Plan for cost reduction and profit improvement
- Fixed and variable costs income statement
- Break-even analysis
- Contribution margin
- The importance of fixed-cost allocation
MODULE 5: Walking through an Annual Report
- The annual report package
- The role of the external auditor
- The accountant’s report and auditor’s opinion
MODULE 6: Cash Flow Analysis & Forecasting
- Capital budgeting
- Weighted Average Cost of Capital
- Present Value
- Internal Rate of Return – method
- Profitability Index
- Discounted cash flow

