Finance for Non-Financial Professionals

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Course Description

Introduction

PRESCON Training Institute in Collaboration with COMSATS University is organizing the Finance for Non-Financial Professional training course. This course has been designed for capacity enhancement of non-finance professionals of varied backgrounds. No matter if you never been with finance or accounting as an academic subject, the program is aimed to impart vital skills that will enable you to understand interpret and analyze the financial statements and learn the techniques of financial decision making in corporate business environment. You will learn how various business transactions impact financial statements; this learning shall be provided through specially designed excel based classroom and back-home case studies.

Special supplementary sessions would enable you cognize with the legal, corporate and regulatory framework in which contemporary enterprises operate. This is an intensive 4-day program, which includes a wide-ranging coverage of the topic followed by material for self exercises and post training mentorship. 

COURSE CONTENT

By the end of the program, participants shall learn the following skills:

  • Understand basic accounting concepts and financial terminology.
  • Understand the composition and contents of key financial statements
  • Evaluate key financial indicators to assess the financial health and performance of companies.
  • Understand the difference between cash flow and accounting profit.
  • Understand the concept of time value of money and its application in corporate and personal decision making.
  • Assess and determine the viability of different investments through multiple investment appraisal techniques.

COURSE CONTENT

Daily-by-day Training Plan

 Day 0
Pre-session activities

  •       Introductory questionnaire
  •       Pre-session case study
 Day 1
Introduction to legal, corporate and regulatory framework

  •       Forms of business enterprises
  •       Legal and regulatory environment
  •       Corporate structure of enterprises
Information system for financial decision making

  •       Accountingthe language of business
  •       Key accounting terms and concepts
  •       Flow of business transactions and basic structure of financial statements
Discussion on Pre-session case study
Day 2
Financial Statements

  •       Introduction to GAPs and IFRSs.
  •       Detailed structure and components of financial statements
Case study-1

  •       Preparation of a simple income statement and Balance sheet.
Business Analysis

  •       financial analysis techniques
  •       Calculation of ratios and analysis
  •       Application of ratios and analysis decision making
Case study- 2

  •       Analysis of financial statements of a large company
Day 3
Profit versus Cash

  •       Understand the difference between the cash flow and accounting profit
  •       Cash flow analysis and conversion of profit to cash.
  •       Understand the cash operating cycle and what affects a company’s cash flow
Time value of money

  •       Simple interest
  •       Compound interest
  •       Present value
  •       Future value
  •       Discounting
  •       Annuities
Assignment 
Day 4

Investment Appraisal Tools

Revisit 

Discounting cash flows

Cash flow and application of discounting

  •       Calculation of cash flow

Discounting cash flows

Project appraisal techniques for financial decision-making

  •       The payback period method
  •       Net present value method
  •       Internal rate of return method
  •       Using tables and formulas
Regulatory environment

  •       The case for Pakistan
 Assignment  

  •       Post session assignment
Post Session Assignment

Trainer Profile

The trainer has above 20 years of industry experience. He has worked for large scale utility companies at senior management positions. His portfolio mainly includes financial management, contract management, financial analysis, budgeting, forecasting, project feasibility and energy tariffs. For more than two decades, he has been associated with teaching, training and research. He has worked for UCP Business School, ICMA Pakistan and LUMS as an adjunct faculty and trainer. He has an MS in Banking and Finance from COMSATS and holds graduate degrees in Business Administration (from UCP) and Law (from PU) and also is a fellow Cost & Management Accountant.

Target Group

This program is designed for young aspirants as well as experienced professionals who are working in various functional areas in their organizations such as engineering, commercial, IT, human resources, and general administration etc. Individuals with non-finance background who aspire to rise in their respective career are highly recommended to invest in this learning experience.

CERTIFICATE OF PARTICIPATION

The certificate of attendance will be issued to the participants on completion of course.

Prerequisites:

O5 day Course (6:00 pm to 9:30 pm, Pakistan Time)

Dates: 19th, 25th & 27th February 2022,

5th & 6th March 2022 .

Online Training Course FEE

Online Training course Fee: 25,000 PKR + GST

Online Fees deposit details of the Bank will be emailed on registration.

Registration:

For Registration