Finance for Non Finance Training in Dubai

This workshop enables professionals from functional areas to gain an extensive working knowledge of critical financial principles in an easy-to-follow manner, enabling them to make critical business decisions involving cost-savings, budgets, new projects decisions, growth strategies etc.

Key Benefits:

  • To appreciate impact of finance on decisions and vice-versa.
  • To analyse financial statements to arrive at better informed decisions.
  • To enable you to discuss relevant financial issues with stakeholders in the organisation.
  • To understand the implications of various decisions on company financials.

This basic finance skills training provides you with all the tools you need to effectively analyze your business and work from a financial performance perspective. You will be able to analyze the three financial statements and how they are linked with each other: the Profit & Loss Statement (P&L), the Balance Sheet, and the Cash Flow Statement. You will learn how to analyze the performance of the company or your department even further by using key financial ratios; you will get a basic understanding of financial reporting and financial investment decision-making.

Program Outline

  • 04 Sessions
  • 06 Hours

  • Balance sheet
  • P&L account
  • Cash flow statements
  • Profit v/s cash flow analysis
  • Kinds of working capital.
  • Operating cycle and components of working capital.
  • Working capital management and decision-making.
  • Cost concepts including discussion on marginal costing
  • Some important cost definitions
  • Make or buy
  • Shut down or continue
  • Sell or process further
  • Domestic versus export sales
  • Need and type of budgets
  • Commonly used budgets
  • Case study and illustrations
  • Approaches to capital budgeting
  • Practical application of net present value and internal rate of return
  • Features of capital budgeting decisions
  • Case study and illustrations
  • LIVE Question and answer session from the session topics.

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