Finance for non-finance professionals - KPMG | AE
close
Share with your friends

Finance for non-finance professionals - Dubai

An insight into practical financial basics

6 February 2019 - 7 February 2019, 8:30AM - 4:30PM, GST Dubai, United Arab Emirates

REGISTER

Course overview

The Finance for non-finance professionals is a two-day course that is focused on practical financial basics and how to apply them to your organization, especially in today’s economic environment. No prior knowledge of Finance is required

Who should attend

This course is designed for professionals from senior executives down to line managers. However, executives who deal with financial documents in their day-to-day activities will greatly benefit from this course

Certification 

Participants who attend all sessions will be awarded a KPMG certificate of attendance.

Course fees*

Early bird offer (before 7 January 2019) - US$1,695

Participant fee - US$1,895

*Please note that the fee quoted is exclusive of VAT and the fee for the course shall be increased by the quantum of VAT, as applicable under the law.

Registration

To register online, please click here.

DOWNLOAD BROCHURE

 

Contacts

finance-for-non-finance-professionals

Connect with us

 

Want to do business with KPMG?

 

Request for proposal

Agenda
Day one Day two

Introduction to Finance for non-finance

Financial statements
– Generally accepted accounting principles
– Components of financial statements
– Purpose of financial statements
– Elements of financial statements
– Fundamental accounting assumptions
– Accounting equation and applying principles of debit and credit
– Analysis of balance sheet
– Analysis of statement of profit or loss
– Top line vs bottom line
– Depreciation and amortization
– Analysis of statement of cash flow
– Cash vs profit


Working capital management
– Meaning and concept of working capital
– Importance of working capital management
– Types of working capital
– Permanent vs temporary working capital
– Components of working capital
– Working capital / operating cycle
– Financing of working capital
– Current ratio
– Quick ratio
– Inventory management
– Different levels of inventory
– Just-in-time
– ABC analysis
– Stock turnover ratio
– Receivables management
– Debtors turnover ratio
– Payables management
– Creditors turnover ratio
– Cash management

 

 

 

Capital budgeting for decision making

– Meaning of capital budgeting
– Capital budgeting – features
– Approaches to capital budgeting
– Capital budgeting techniques
– Net Present Value (NPV) – Internal Rate of Returns (IRR)
– Payback period
– Accounting rate of returns
– Practical applications of NPV and IRR


Budgeting
– Fundamentals of budgets
– Budget process
– Types and importance of budgets
– Traditional budget
– Zero base budget
– Commonly used budgets
– Sales budget
– Capital expenditure budget
– Cash budget
– Human resources budget
– Production budget
– Variance analysis and budgetary controls
– Limitations of budgets


Cost concepts for decision making
– Direct, indirect, fixed, variable and semi-variable costs
– Cost sheet
– Costing for decision making
– Marginal costing
– Cost Volume Profit (CVP) analysis
– Break even analysis
– Make or buy; shut down or continue
– Sell or process further
– Domestic vs export sales
– Number of units to sell to earn desired profit
– Opportunity cost

Guide