Finance for Non-Finance Managers
30/09/2024 - 02/10/2024 @ 8:30 am - 3:30 pm - Overview The knowledge of basic financial principles and concepts is important for any managerial position in the organization. Hence, the 'Finance for nonfinancial Managers' transforms financial and accounting concepts into decision making tools that managers can use successfully every day. By attending this workshop, you will learn to apply the fundamentals of finance to improve [...]

Date/Time
Date(s) - 30/09/2024 - 02/10/2024
8:30 am - 3:30 pm

Location
VOCO Dubai


Overview

The knowledge of basic financial principles and concepts is important for any managerial position in the organization. Hence, the ‘Finance for nonfinancial Managers’ transforms financial and accounting concepts into decision making tools that managers can use successfully every day.

By attending this workshop, you will learn to apply the fundamentals of finance to improve budget management, increase potential profits, and assess the financial performance of business activities. You will also understand the terminology used by accounting and finance staff and will feel more confident when being involved with them or providing services to them ( like IT modules).

Main Objectives:

By the end of the workshop, participants will be able to: Define the four key financial statements: balance sheet, income statement, cash flow and changes in owners’ equity as well as key financial and accounting terms and terminologies used in organizations. Participants will also be able to understand and interpret the financial statements using ration analysis tools. They will also be able to differentiate between different cost types and how they will affect the operating profits of an organization and help them to prepare a more realistic budget.

To achieve the above objectives, the workshop will be delivered using various training tools that consist of power point presentation materials that are professionally prepared, group activities and a real practical case study through which the participants will analyze the financial position and profitability of a company.

Workshop Contents:

  • The need and importance of finance for managers.

  • Financial Statements importance for business decision making.

  • Understanding various types of Financial Statements.

  • Branches of Accounting.

  • What is Financial Accounting?

  • Financial transactions: Definition, types, and sources?

  • Who uses these accounts and for what purposes they are used?

  • Interpretation and analysis of Financial Statements for decision making.

  • Understanding Cost and Management Accounting.

  • Applying Budgeting for Planning and Control purposes.

  • Understanding what Do Auditors Do or What they Should Do.

Who should attend:

Middle management employees who want to learn more about the basics of finance and accounting.


Bookings

Tickets

Ticket Type Price Spaces
Members - Onsite
Members fee for In-person course		 $1,800.00 N/A
Non-Members - Onsite
Non-Members fee for In-person course		 $2,000.00
Members - Virtual
Members fee for virtual course		 $1,050.00 N/A
Non-Members - Virtual
Non-Members fee for virtual course		 $1,200.00

Registration Information

Finance Department

Department Head


Booking Summary

1
x Non-Members - Onsite
$2,000.00
1
x Non-Members - Virtual
$1,200.00
Total Price
$3,200.00

Disclaimer

The UAE IAA reserves the right to amend the Terms & Conditions at any time without prior notice.

While the UAE Internal Audit Association and its staff make every effort to observe and maintain the schedule of every training course as set forth in the organization’s training schedule, under certain circumstances that are out of our control we might feel obligated to cancel and/or reschedule any training course or event. Under these circumstances, our training department will forward all registrants to the next available schedule for the same course. The individual participant or the sponsoring organization will have the ability to request a different schedule for the same course or a different course within the same calendar year.

Back to Course List
CPEs: 21 Point
Course Level: Intermediate
Duration: 3 Day/s
Language: English
Member Fees:1800USD
Nonmember Fees: 2000USD

Number of Attendees:

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