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Financial Workshops

Charting your financial future starts with knowledge.

Dive into our workshops and shape your financial career story

Basic Financial Accounting

Training Program Objectives

1. Training on Preparing the Company’s Daily Records (Double Entry):

-  Understand the principles of double-entry accounting.

-  Learn how to record transactions accurately using debits and credits.

2. Training on Transferring Accounts to the General Ledger:

-  Familiarize with the structure and purpose of the general ledger.

-  Develop skills in transferring journal entries to the appropriate ledger accounts.

3. Training on Closing the General Ledger Periodically and Reviewing Them:

-  Understand the importance of closing the general ledger periodically.

-  Learn the steps involved in the closing process and perform it accurately.

-  Develop proficiency in reviewing closed ledger accounts for accuracy and Training on Posting to the Trial Balance and Ensuring Its Accuracy:

4. Training on Preparing Balance Sheet and Financial Position:

-  Understand the components and purpose of the balance sheet.

-  Develop skills in classifying assets, liabilities, and equity accurately.

Training Program Outlines

1. Training on Preparing the Company’s Daily Records (Double Entry):

- Introduction to double-entry accounting

- Understanding debits and credits

- Recording transactions in journals

2. Training on Transferring Accounts to the General Ledger:

- Overview of the general ledger

- Posting journal entries to the general ledger

3. Training on Closing the General Ledger Periodically and Reviewing Them:

- Purpose of closing the general ledger

- Steps to close the general ledger

4. Training on Posting to the Trial Balance and Ensuring Its Accuracy:

- Understanding the trial balance

- Posting ledger balances to the trial balance

5. Training on Preparing Balance Sheet and Financial Position:

- Overview of the balance sheet

- Classifying assets, liabilities, and equity

 

Financial Statement Analysis

Training Program Objectives

Upon completion of this training program, participants will be able to:

- Understand the structure and components of financial statements.

- Perform vertical and horizontal analysis to interpret financial statement data effectively.

- Analyze liquidity ratios to assess a company's short-term financial health.

- Evaluate profitability ratios to gauge a company's ability to generate profits.

- Interpret turnover ratios (receivables, inventory, payables) to assess operational efficiency.


Training Program Outlines

1. Introduction to Financial Statements

  - Overview of balance sheets, income statements, and cash flow statements

  - Importance of understanding financial statements

  - Basic financial terminology  

2. Vertical and Horizontal Analysis

  - Vertical analysis: Understanding the percentage relationship of each line item to the base figure

  - Horizontal analysis: Analyzing changes in financial statement items over multiple periods

  - Interpreting results and identifying trends

3. Liquidity Ratios Analysis

  - Explanation of liquidity ratios such as current ratio and quick ratio

  - Interpreting liquidity ratios to assess a company's ability to meet short-term obligations

4. Profitability Ratios Analysis

  - Discussion of profitability ratios including net profit margin and return on equity

  - Evaluating profitability ratios to gauge the company's ability to generate profits

5. Receivables Turnover Ratio Analysis

  - Understanding receivables turnover ratio and its significance in assessing the efficiency of receivables management

  - Calculating and interpreting receivables turnover ratio

6. Inventory Turnover Ratio Analysis

  - Explanation of inventory turnover ratio and its importance in inventory management

  - Analyzing inventory turnover ratio to assess inventory efficiency

7. Payables Turnover Ratio Analysis

  - Overview of payables turnover ratio and its relevance in evaluating payment management

  - Interpreting payables turnover ratio to understand payment practices

8. *Practical Application: Financial Indicators Preparation*

  - Hands-on exercises on preparing financial indicators for a company

  - Application of learned concepts in analyzing real-world financial data

  - Case studies and group discussions

Cost Management and Budgeting 

Training Program Objectives

Upon completion of this training program, participants will be able to:

- Understand the importance of cost management and budgeting in organizational planning and decision-making.

- Prepare an estimated budget by forecasting future revenues and expenses.

- Establish cost centers to track and control costs within the organization effectively.

- Establish profit centers to evaluate revenue generation and profitability.

- Conduct variance analysis to compare actual financial performance with budgeted targets and identify deviations.

- Apply learned concepts to prepare an estimated budget for the company and analyze financial performance effectively.


Training Program Outlines

1.Introduction to Cost Management

  - Understanding the importance of cost management in business operations

  - Overview of cost classification and terminology

  - Role of cost management in financial decision-making

2. Preparing the Estimated Budget

  - Explanation of budgeting process and its significance

  - Identifying revenue and expense items for inclusion in the budget

  - Techniques for forecasting and estimating future costs and revenues

3. Cost Centers Preparation

  - Defining cost centers and their relevance to cost allocation

  - Allocating costs to respective cost centers based on their nature and usage

  - Implementing cost control measures within each cost center

4. Profit Centers Establishment

  - Understanding profit centers and their role in assessing revenue generation

  - Allocating revenues to respective profit centers based on income sources

  - Analyzing profitability and performance of each profit center

5. Variance Analysis

  - Comparing actual financial performance against budgeted targets

  - Identifying variances and investigating their causes

  - Implementing corrective actions to address deviations from the budget

6. Practical Application: Budget Preparation

  - Hands-on exercises on preparing an estimated budget for the company

  - Application of budgeting techniques and cost management principles

 

 

Financial Manager Techniques

Training Program Objectives

·       Understand financial manager roles and responsibilities.

·       Develop essential personal skills for effective financial management.

·       Learn financial policy setting and documentation management.

·       Gain proficiency in asset and contract supervision.

·    Acquire skills in financing and cash flow management.

·    Master financial ratio interpretation and decision-making.

·       Establish effective reporting systems and cash management techniques.

·    Enhance communication and negotiation skills.

·       Engage in practical applications to reinforce learning.

Training Program Outlines

·       Financial Management Fundamentals

·       Understanding financial manager roles and skills.

·       Policy Implementation and Documentation

·       Setting financial policies and managing documentation.

·       Asset and Contract Supervision

·       Managing fixed assets and various contracts.

·        Financing and Cash Flow

·       Arranging financing and forecasting cash flow.

·       Financial Analysis and Reporting

·       Analyzing financial ratios and compliance standards.

·       Reporting Systems and Cash Management

·       Implementing effective reporting systems and cash management techniques.

·        Personal Skills Development

·       Enhancing communication and negotiation skills.

Financial Modeling and Planning

Training Program Objectives

·       Understand financial manager roles and responsibilities.

·       Develop essential personal skills for effective financial management.

·       Learn financial policy setting and documentation management.

·       Gain proficiency in asset and contract supervision.

·       Acquire skills in financing and cash flow management.

·        Master financial ratio interpretation and decision-making.

·       Establish effective reporting systems and cash management techniques.

·        Enhance communication and negotiation skills.

·       Engage in practical applications to reinforce learning.

Training Program Outlines

·       Introduction Of financial Planning

·       Accounting And Financial Reporting

·       Excel Fundamentals – Formulas for Finance

·       Corporate Finance Fundamental

·       Financial Analysis Fundamentals

·       Building a 3 Statements Financial Model 

·       FP&A Monthly Cash Flow Forecast model

·       Budgeting And Forecasting

·       Dashboard & Data Visualization

·       Scenario Planning & Sensitive analysis in Excel

·       Power Point Best Practice in Finance

·       Operational Modeling & DCF Valuation

·       Comparable Valuation analysis

·       Fundamental Of Data analysis IN Excel

·       Advanced Excel Formulas

·       Corporate and Business Strategy

Cash flow workshop

Training Program Objectives

·       Understand cash flow management's importance.

·       Learn to generate cash flow from operations, financing, and investing.

·       Explore strategies to speed up or slow down the cash cycle.

·       Gain skills in cash flow forecasting and analysis.

·       Identify and mitigate risks associated with cash flow management.


Training Program Outlines

· Introduction to Cash Flow Management

· Generating Cash Flow

· Operating Activities

· Financing Activities

·  Investing Activities

·  Accelerating and Slowing the Cash Cycle

· Cash Flow Forecasting and Analysis

· Risks and Challenges

Mastering Financial Instruments:

A Comprehensive Guide to IAS 32, IFRS 9, and IFRS 17

Training Program Objectives

·       Gain a deep understanding of International Financial Reporting Standards (IFRS) 9, and International Accounting Standard (IAS) 32.

·    Learn to classify and measure financial instruments in accordance with IFRS 9.

·    Understand the principles of hedge accounting and impairment under IFRS 9.

·       Explore the requirements of IFRS 17 for insurance contracts.

·    Develop practical skills to apply these standards in real-world scenarios.

Training Program Outlines

·    Introduction to Financial Instruments

·   Overview of financial instruments

·   Importance of accounting standards (IAS 32, IFRS 9, IFRS 17)

      

·       II. IAS 32: Financial Instruments Presentation

·          A. Classification of Financial Instruments

·          B. Presentation and Disclosure Requirements

        

·       III. IFRS 9: Financial Instruments

·          A. Classification and Measurement

·              Financial assets

·              Financial liabilities

·          B. Hedge Accounting

·          C. Impairment of Financial Assets

        

·       IV. IFRS 17: Insurance Contracts

·          A. Scope and Definitions

·          B. Measurement of Insurance Contracts

·          C. Presentation and Disclosures

       

·       V. Practical Applications and Case Studies

·          - Applying IAS 32, IFRS 9, and IFRS 17 to real-world scenarios

·          - Case studies and examples for hands-on learning

        

·       VI. Implementation Challenges and Best Practices

·          - Common challenges in implementing IAS 32, IFRS 9, and IFRS 17

·          - Best practices for successful adoption and compliance

        

·       VII. Conclusion and Future Trends

·          - Recap of key learnings from the workshop

·          - Emerging trends in financial instruments accounting

  Importance of ongoing professional development in this area

Consolidated Financial Statements: Preparation

Training Program Objectives

·   Understand the importance of consolidated financial statements.

·    Learn principles and techniques for preparation and analysis.

·     Explore regulatory frameworks and standards.

·     Gain practical experience through exercises and case studies.


Training Program Outlines

·        Introduction to Consolidated Financial Statements

·        Regulatory Framework and Standards

·        Principles of Consolidation

·        Preparation Techniques

·        Analysis Methods

·       Challenges and Complexities

·       Practical Applications and Case Studies

·        Conclusion and Future Trends