Financial Awareness for Managers

 

Introduction:

In a time of economic turbulence, it is vitally important that colleagues understand what you are telling them. Finance is a foreign language to many people. This short course will explain and demystify finance and explain how commercial actions affect the business financially, it’s a very valuable course for all those who need to understand the financial implications of trading in the current economic climate

Course Objectives:

 

By the end of this course delegates will be able to:

 

· Understand the financial jargon

· Recognize the financial effects of management decisions

· Read and interpret profit and loss accounts,

· Understand and interpret balance sheets and cash flow statements

· Discuss financial matters with the finance department and understand what they are talking about

· Understand the way in which many financial techniques can be used strategically to enhance or evaluate competitive advantages

 

Who Should Attend?

Financial Managers, Senior Accountants, Accounting & Budgeting Personnel

 

Course Outline:

 

· Nature and purpose of accounts

· Basic principles of bookkeeping

· The balance sheet

· The profit and loss account

· Company accounts

· Outline of auditing

· The financial model

· Importance of margin

· The effect of fixed costs and the breakeven point

· The significance of working capital

· The importance of stock and credit control

· The importance of cash flow and budgeting

· The cash flow cycle

· Working capital -how it is used

· Cash flow and profits

· Understanding the statutory accounts

· The profit and loss account

· The balance sheet

· Management accounts

· Analyzing accounts

· Using ratios and analyzing performance

· Making interim comparisons

· Using data to make decisions

· Forecasting and budgets

· Pricing

 

COURSE LOCATIONS

Code From To City Fees
AF02 09 Feb 2020 20 Feb 2020 Cairo US$ 6500 Register
AF02 06 Apr 2020 17 Apr 2020 Istanbul US$ 7500 Register
AF02 22 Jun 2020 03 Jul 2020 Kuala Lumpur US$ 7300 Register
AF02 02 Aug 2020 13 Aug 2020 Dubai US$ 7000 Register
AF02 05 Oct 2020 16 Oct 2020 London US$ 8000 Register
AF02 07 Dec 2020 18 Dec 2020 Barcelona US$ 8000 Register


DUBAI OFFICE

Ittihad Deira Building,
Al Ittihad Rd, Deira
Dubai,
UAE

info@petrogas-training.com

USA OFFICE

642 E14 Street,
10009-13 Manhattan,
New York (NY)
USA

info@petrogas-training.com

EGYPT OFFICE

52 General Kamal Hejab Street,
Suez Bridge,
Cairo,
Egypt

info@petrogas-training.com
 

COURSE CERTIFICATE

Certificate of Completion will be provided to the candidate(s) who successfully attend and complete the course. Training hours attendance percentage of 75% is required.


TRAINING HOURS

Standard course hours: 8:30 A.M. to 3:30 P.M. Informal discussions: 4:30 P.M. to 5:30 P.M.


TRAINING METHODOLOGY

We use a blend of interactive and hands-on methods, active participation, a variety of instructional techniques, dynamic presentations, individual and group exercises, in depth discussion, DVD’s, role-plays, case studies, examples. All of the information, competencies, knowledge and skills acquired within our training programs, are 100% transferrable to the participants’ workplace.


ASSESSMENT & EVALUATION

Pre-Test and Post-Test Assessment are applied on 5-day and 10-day programs. Also, post course evaluation and candidate’s evaluation are applied to add another level of quality measurement. Candidates’ feedback is highly appreciated to elevate the training service quality.


ORGANIZATIONAL IMPACT

A- Have staff trained in the latest training and development approaches

B- Support nationalization and talent management initiatives

C- Have properly trained and informed people who will be able to add value

D- Gain relevant technical knowledge, skills and competencies


PERSONAL IMPACT

A- Develop job related skills

B- Develop personal skills in subject matter

C- Have a record of your growth and learning results

D- Bring proof of your progress back to your organization

F- Become competent, effective and productive

G- Be more able to make sound decisions

H- Be more effective in day to day work by mastering job-related processes

I- Create and develop competency to perform job well


FREQUENT NOMINATIONS SCHEME

A- 10% discount after 05 candidates’ registration.

B- 15% discount after 10 candidates’ registration.    

C- 20% discount after 20 candidates’ registration.

D- 25% discount after 25 candidates’ registration.

E- 30% discount after 30 candidates’ registration

F- Higher discount rates will be offered based on work volume with different clients.  


SEVERAL NOMINATIONS ON THE SAME COURSE SCHEME

A- One extra free seat is offered on 4 candidates on the same course and dates.

B- Two extra free seats are offered on 6 candidates on the same course and dates.

C- Three extra free seats are offered on 8 candidates on the same course and dates.

D- Four extra free seats are offered on 10 candidates on the same course and dates.

E- Five extra free seats are offered on 12 candidates on the same course and dates.


REGISTRATION POLICY

Nominations to our public courses are to be processed by the client’s Training and/or HR departments. A refund will be issued back to the client in the event of course cancellation or seat unavailability. A confirmation will be issued to the relevant department official(s). 


CANCELLATION POLICY

If a confirmed registration is cancelled less than 5 working days prior to the course start date, a substitute participant may be nominated to attend the same course or a 20% cancellation charge is applied. In case of a no-show, a 100% fee will be charged.


PAYMENT POLICY

Payment is due upon receiving the course confirmation, invoice and/or proforma invoice. However; the fee due can be wire transferred to our bank account directly after course completion. Our bank details are illustrated on the confirmation, invoice and proforma invoice, as well. The above documents can be communicated electronically, i.e., in a soft copy or/and in hard copy based on customer’s request.


COPYRIGHT

© 2017. Material published by PETROGAS shown here is copyrighted. © 2017. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing in any medium, transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.