This course will develop an understanding of the importance of financial reporting in the business. It will consider how the Annual Report provides an opportunity for the management of a company to account for its actions to the stockholders. The course will consider the framework imposed by accounting and financial reporting standards, corporate legislation, and the requirements of stock markets around the world.
The course will also consider how internal reporting contributes to the control of costs, identification and correction of problems, and how to make and implement profitable decisions.
Evaluate the new investment proposals – will they add value to their organization?
Understand and use analytical tools and techniques
Appreciate the importance of new investments in maintaining growth and competitiveness, and how these investments should be evaluated.
Identify the role of accounting standards in the communication of financial results
Apply key accounting standards to their respective enterprises
Understand the role of audit
Increase awareness of techniques in financial analysis and capital appraisal
Understand the business risk
Increase the ability to identify problem areas
Increase the confidence to tackle new situations
Financial Accounting Team Members
Financial Planning and Budgeting Professionals
Strategic Planning and Head Office Team Members
Corporate Communication and Investor Relations Professionals
Investment Analysts and Advisers
Auditors and Tax Managers
Business objectives and shareholder wealth
The users of financial information
The role of accounting in financial reporting
Key financial statements, their nature, and purpose
The conceptual framework of accounting and financial reporting
Introduction to accounting standards
The development of accounting standards
International financial scandals
The agency problem
The role of audit
The need for corporate governance
Corporate governance in the UK, US, and in GCC countries
The Balance Sheet
Shareholders equity
Current and non-current assets
Current and non-current liabilities
Working capital
Preparing the balance sheet
What does the balance sheet tell us?
What are its limitations?
Accounting terminology
Preparation of the Income Statement
Calculation of profit
Categories of income and expenditure
Valuation of current and non-current assets
The format of the Income Statement and Balance Sheet
The link between cash and profit
The link between asset valuation and profit
Inventory, receivables, payables, and cash
The application of judgment
The nature and purpose of working capital
Management accounting and cost-volume-profit (CVP) analysis
Break-even analysis
The impact of volume and sales changes on cost structures
The limitations of break-even analysis
The purpose of the Cash Flow Statement, and its contents
The preparation and presentation of the Cash Flow Statement
Sources and uses of cash
The link between the Cash Flow Statement, the Balance Sheet, and the Income Statement
The Cash Flow Statement as a predictor of future performance
Interest rates and the time value of money
Discounting and compounding - present values and future values
Annuities and perpetuities
Investment appraisal: what is an investment?
Appraisal techniques NPV and IRR
Relevant cash flows and free cash flows
The effect of inflation
Dealing with risk and uncertainty
Asset replacement and annual equivalent value
Capital rationing
Managing the investment project
Financing the business
Financing principles
Sources and types of finance, and the effect of gearing
Defensive, neutral, aggressive financing policies
Stock Market listing
The Cost of Capital
Cost of equity (Ke)
Cost of debt (Kd)
The weighted average cost of capital (WACC)
Capital Asset Pricing Model (CAPM)
The need for company valuations
Valuation methods: Net assets; PE Ratio; Dividend growth model; Present value of future free cash flows; Capitalised earnings
Shareholder value-added
Financial growth modeling: analysis of growth patterns
Use of Excel for growth forecasting
DCF valuation
The contents of the published annual report
Recent developments in financial reporting
Interpretation of financial statements
Common size analysis
Ratio analysis, including the Dupont system
Profitability ratios
Liquidity ratios
Efficiency ratios
Capital structure ratios
Investment performance ratios
Measuring performance – cash ratios or profit ratios?
Value Added analysis
Segmental analysis
The shortcomings of financial statements, for interpretation purposes
Predicting corporate failure
Non-financial factors
General financial management issues
The effect of poor liquidity
Post balance sheet events and contingencies
The auditors report
Failure-predicting ratios
Multivariate failure predicting models – Altman Z score
Because supervisory levels are the link between the executive and senior management levels, achieving the organization's objectives, increasing productivity and overall performance of the organization, affects the effectiveness and efficiency of supervisors' performance.
And because of the skills of supervisors in any organization in need of continuous development, and to acquire advanced tools and methods that reflect on the deepening of these skills and activate their role in motivating individuals working, and push them to commit to the goals of the organization.
You need this conference to learn about supervisory skills and advanced methods, to be able to play an effective and supervisory role in your organization.
Managing an office has become an increasingly sophisticated and complex job. The increased demand for speed and accuracy, knowledge of new technology, and an increasingly diverse workforce bring challenges and also opportunities for growth. This dynamic and in-depth course explores some of the more advanced skills which can help an office manager to work more confidently, creatively, and effectively.
As a supervisor, the success of your organization rests in your hands. This course provides you with the opportunity to develop highly effective and essential supervisory skills that will strengthen teamwork and organizational success. Also, this course will help you manage everyday operations with greater ease. Furthermore, it will help you leverage both your managerial and people skills to meet your new challenges as the 21st-century supervisor.
This course is designed for participants to introduce to key issues and themes in international development.
Participants will explore and engage in academic debates and discussions around a set of key factors that shape, influence, and constrain the development and prosperity of nations.
The course will explore a number of key themes in international development, including how questions of gender and generation shape the impact of poverty; how processes of globalization, migration, and violent conflict impact development; and how development and the environment are linked.
It also considers what exactly we mean by poverty, and how different ways of understanding poverty feed into different approaches to tackling it.
It will also consider development institutions: what are the key institutions in the architecture of international development? How do they differ, and what are the challenges and opportunities they present? Through this module, participants will gain a solid background in the various factors which shape current approaches to and debates on international development.
By introducing participants to a range of problems in economic development, we will look to analyze how economic theory and models can explain the lack of development in some nations. We will apply such theory to real-world economies to understand the nature of the problems they face and how effective policies can be in tackling the problems.
A five-day course on the practical aspects of piping and pipeline design, integrity, maintenance, and repair. The participants will obtain an in-depth understanding of the ASME B31 code rules and API standards, their technical basis, and practical application to field conditions.
Corporate/Public governance and risk management are critical There is increasing attention being paid to corporate governance and risk management in business schools and among legislators.