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
Being an operations administrator and planning who does what and when within a team requires a high level of ability and is fraught with difficulties. This training program in administrative operations and coordination will offer a special chance to grasp the abilities needed for this position, from the macro to the micro. From the technical talents needed to plan and implement procedures, to the more delicate abilities of speaking clearly and confidently with others, to the leadership and management capacities to think broadly and organize.
In this course, participants will be sensitized to the recent trends in public relations and develop their skills to carry out contemporary roles and practice of public relations and to identify the structure of the optimal organization and responsibilities of employees of the public relations departments, planning and follow-up work in public relations departments, develop and motivate the performance of employees, planning and organizing a ceremony of reception and bidding Visitors and VIPs, develop effective communication with customers and employees, how to arrange concerts, seminars, and banquets.
This program is concerned with the development of the skills and abilities of the Public Relations Manager. Therefore, the program offers a set of training and concepts necessary to build constructive relationships inside and outside the institution based on scientific bases in building this relationship and planning it and study the extent of the institution's place in the hearts of employees on the one hand and the surrounding community. The program is concerned with providing the man of communication skills and effective communication with others as one of the elements of building relationships and what are the means to improve the internal structure of the institution and the network of formal and informal relations.
The program also provides the trainee with the skills required to make presentations and to negotiate partnerships with relevant institutions through meetings, presentations and cooperation, and partnership agreements.
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.
Increasingly, it is being recognized that the trend towards equal opportunities for women is giving women the chance to take more responsibility and make more contributions to the success of their organization. However, in many cases, there is a need to develop the skills and confidence necessary to maximize potential as individuals and as employees. This course is designed to do just that - to equip women with the skills, knowledge, and confidence to succeed in what has traditionally been a male-dominated society. The course will involve experiencing personal development and practicing the new skills using ten competencies which are the key to success in a position of responsibility.
One of the major keys to success in the business world is being able to apply “discipline” to your life and actions! This is the key to developing personal effectiveness and professional excellence.