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Course Name:
Financial Management for non Financial Managers
Course Objective:
• Acquire an Understanding of the Fundamentals of financial management principles, standards and statement of accounts • Develop Practical Experience of How to take operational and investment decisions based on the financial management data., Develop and enhance the Financial Skills and capabilities
Who Should Attend:
• Senior Business Executives, Strategic and Business Development Planners and non-financial Managers who wish to refresh their understanding and enhance their Skills in managing and improving their financial management skills. • Any Staff (Technical, Commercial, operational, etc) whose work impacts directly on the financial management, who need to acquire and improve their Competencies for their current work and/or for their career development
Course Content:
Module I: fundamental of financial management • The Scope and Nature of Financial Management • Introduction to Financial Statements • Accounting—A Financial Information System • Special Topics In Accounting • Introduction to fossil fuel supply contract Module II: Financial management reports • Trial Balance • Cash flow statement • Retained earning statement • Profit and loss account • Financial statement • Financial Statement Analysis Module III: financial management as a base for decision making • Financial Forecasting and Cash Budgeting • Breakeven Analysis for Profit Planning • Working Capital Policy • Working Capital Management • Borrowing and lending decision • Capital Budgeting • Cost of Capital • Sources and Forms of Long-term Financing • Valuation of Financial Assets FINAL SESSION • Course Summary/Checklists • Financial Skills; Further Development • Open Forum • Course Review
Duration:
(5) days
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11-7-2010
15-7-2010
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