Budgets & Financial Reports

Two Days Training with International Certifications, Available for the Groups and for the companies also with the discounted Fees on English and Arabic Language courses, In-house or live and virtual Trainings.

Budgets & Financial Reports

Module One: Getting Started

• Workshop Objectives

Module Two: Glossary

• What is Finance?
• Commonly Used Terms
• Key Players
• Important Financial Organizations
• Understanding GAAP

Module Three: Understanding Financial Statements

• Balance Sheets
• Income Statements (AKA Profit & Loss Statements)
• Statement of Retained Earnings
• Statement of Cash Flows
• Annual Reports

Module Four: Analyzing Financial Statements (I)

• Income Ratios
• Profitability Ratios
• Liquidity Ratios
• Working Capital Ratios
• Bankruptcy Ratios

Module Five: Analyzing Financial Statements (II)

• Long-Term Analysis Ratios
• Coverage Ratios
• Leverage Ratios
• Calculating Return on Investment (ROI)
Module Six: Understanding Budgets
• Common Types of Budgets
• What Information does I Need?
• Who Should Be Involved?
• What Should a Budget Look Like?

Module Seven: Budgeting Made Easy

• Factoring in Historical Data
• Gathering Related Information
• Adjusting for Special Circumstances
• Putting It All Together
• Computer Based Methods

Module Eight: Advanced Forecasting Techniques

• Using the Average
• Regression Analysis
• Extrapolation
• Formal Financial Models

Module Nine: Managing the Budget

• How to Tell If you’re on Track
• Should Your Budget be updated?
• Keeping a Diary of Lessons Learned
• When to Panic

Module Ten: Making Smart Purchasing Decisions

• 10 Questions You Must Ask
• Determining the Payback Period
• Deciding Whether to Lease or Buy
• Thinking outside the Box

Module Eleven: A Glimpse into the Legal World

• A Brief History
• The Sarbanes-Oxley Act
• CEO/CFO Certification
• 8th Company Law Directive

Module Twelve: Wrapping Up

Words from the Wise