Understanding and interpreting financial information are essential for all levels of personnel, both within and outside the finance function, if they are to properly contribute to the success of the business.
At the end of this conference the participants will be able to:
Understand the basic areas of accounting and finance, the terminology and the structure
Learn a range of practical analytical skills for interpreting and handling financial information
Understand the key mechanics of accounting in the context of a practical working environment
Be more confident about dealing with financial information, particularly when reviewing your company or others’ financial data
Be able to read and confidently interpret complex information presented in financial reports
Enhance decision support skills
Anyone who needs to acquire a broader understanding of finance to improve their current role or plan their future career
Financial staff who need to expand their knowledge beyond their current experience, particularly if they are considering taking up professional qualifications or broaden their mandates
Non-financial personnel who use financial information in their job and are called on to make financial decisions
Particularly useful for staff working in a smaller company where they are required to take on financial responsibilities alongside an operational role
The different types of financial information
The flow and hierarchy of information in a company regulated and non-regulated information
Distinguishing different types of information and what it is derived from
Basic accounting terminology explained
The significance of different accounting terms
Reporting formats and opportunities to enhance their effectiveness
Cash vs. profit
The flow of money in and out of a company
How this is managed and controlled
Customers & Suppliers: the collection and payment processes
Basic cash flow statements – creating it and using it to interpret performance
How to establish the value of a companies’ inventory
Different methods of valuation
How fixed assets are recorded
Asset lives and depreciation choices
The physical verification of assets
Firm value vs book value
Ratios to measure asset effectiveness
Understanding the composition of the income statement (P&L account)
Computing profitability, liquidity, and gearing ratios
The Balance Sheet explained
Interpreting results and making comparisons between companies
How we classify costs and set standards
Different costing methods used in business
Using cost information to determine break-even profitability points
Basic forecasting techniques
Comparing actual performance against the budget- variance analysis
Corporate social responsibility (CSR) is a management concept whereby companies integrate social and environmental concerns into their business operations and interactions with their stakeholders. CSR has been considered an efficient marketing tool for gaining the competitive advantages a company needs in order to be on top in the context of the current hyper-competitive environment.
You will learn vital skills for managing and creating content in this course. To help you establish a social media presence, you'll learn how to craft compelling social media posts and how to develop a powerful brand. Additionally, you'll discover how to create an ongoing procedure for handling your content. A content calendar should be created, postings should be managed and moderated, data should be analyzed for insights and iteration, and post effectiveness should be increased.
Are you under pressure from an ever-growing task list, conflicting demands and constantly changing priorities? Productive working practices are valuable skills in today’s work environment. Competition is intense and companies need people who can organize their time effectively, collaborate with others to achieve goals, and who constantly strive to better meet customer and stakeholder needs.
This popular course will support you to develop practices and techniques to manage this pressure proactively, allowing you to meet deadlines and deliver against your objectives. You will also develop skills in working well with others to ensure success.
The 5-Day Mini MBA is a unique distillation of the skills that need to be acquired in order to be considered successful in modern business. Not everyone is able to devote a year or two of their time to studying for a Masters in Business Administration, but in an age of rapid change in a highly competitive environment, it is crucial to have a thorough understanding of the issues involved in the smooth and successful running of a business. The 5 Day Mini MBA Leadership & Management Masterclass is a highly intensive training course covering all the usual subjects associated with an MBA. In 5 days, a delegate will learn what normally takes a year of full-time study. The Mini MBA course is designed to provide delegates with comprehensive knowledge of fundamental, proven strategies taught as both an academic and practical exercise. As a result, the course will provide a comprehensive understanding of the skills and knowledge that will be required for any person to further develop their business knowledge and skills and even to prepare them for actual formal study for an MBA. The course is designed to be delivered either as an “In House” class for an organization’s directors and senior management or as a public class where delegates from a number of companies can learn both from the course and from one another and exchange ideas and best practice.
Large capital-intensive projects in the oil and gas industries require substantial - and mostly risky - investments in the acquisition, exploration, and subsequent operation and maintenance of new organizational assets.
The decision of whether or not to invest in new capital projects in the oil and gas industry starts with critical decisions during the exploration phase of new development or the expansion of an existing field. The decision-making tools used to analyze project risk under conditions of uncertainty will help companies to determine the probability of success or loss and will drive the decision to develop or abandon the well.
Crisis management is concerned with responding to, managing, and recovering from an unforeseen event. Risk management is concerned with identifying, assessing, and mitigating any activity or event that could cause harm to the business. Risks can be strategic or operational in nature. A business continuity plan (BCP) is a process that outlines the potential impact of disaster situations on business operations. It creates policies that respond to various situations to ensure a business is able to recover quickly after a crisis.