Finance for Non-Finance
Managers Training Program

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Course Overview

Course Outline

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Course Overview

Finance for Non-Finance Managers Training Program

Finance for Non-Finance Managers training in Dubai is the most in-demand program for all those professionals who want to get hands-on knowledge of key finance areas. The interactive 1-day finance for non-finance managers training is delivered in Dubai. You will get a course guide-book, an interactive learning experience, lots of worked examples on all key topics along with a course completion certificate.

Learn Finance and Be on Top of Your Business Affairs

During this greatly successful program on ‘Finance for Non-Finance Managers’, managers with small or no financial training or experience can learn to use the language, tools, and techniques of finance. You will be able to return to your organization with the confidence to analyze financial information and participate fully in making business decisions.

Course Details

Training Dates

Wednesday 18 September 2024

This is a customized program and can be run as one to one or as in-house training.

Training Fee

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program at your premise of choice, with lower costs, and schedule that suits you best.

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Course Outline

  1. The differences between cash flow and profit
  2. Cost structure, and its importance for pricing and planning
  3. The differences between cash flow and profit
  4. Cost structure, and its importance for pricing and planning
  5. Key ratios like leverage and profitability and ROA
  6. Where information comes from for good decisions

The goal is for each participant – whether he or she is a front-line worker, a manager, or an executive – to grasp essential financial concepts and tools such as:

  1. Fixed versus variable costs
  2. The impact of inventory build-up
  3. The need to control working capital
  4. Standard measures (operating income, net income, ROA)
  5. Your company’s specific financial measures
  • Demystifying the most commonly used finance/accounting terms including
  • Are there any financial regulations that govern the world of accounting & finance?
  • Different methods of accounting i.e. Cash vs Accrual basis
  • Introduction to the Financial Statements containing
  •  
  • Income Statement
  • Balance Sheet
  • Cashflow Statement
  • Statement of Changes in Equity
  • The relationship and flow of data among all Financial Statements
  • What is included in Revenue and what is excluded from it
  • Cash vs Revenue; why these are not the same
  • Different types of expenditure used in recording financial transactions
  • What is Cost of Goods Sold – Why this is important and how it affects the profitability
  • A detailed review of Income Statement and its line items
  • Understanding the key terminology used in the Income Statement
  • What are different types of profits i.e. Gross Profit, Operating Profit, Net Profit
  • What are EBIT and EBITDA and its significance
  • What are the extraordinary items and how they are viewed while analyzing the Income Statement
  • Key terms used in Balance Sheet i.e. Assets, Liabilities and Equity
  • Understanding the nature of Assets and their classification in Current and Non-Current assets
  • What are intangible assets and how we record them in the balance sheet
  • Understanding Depreciation & Amortization
  • How to classify the Current & Non-current liabilities
  • What is included in Equity, Retained Earnings, and Reserves?
  • Understanding the structure of Cashflow Statement
  • What are the different classification of Cashflows according to the activities
  • Cashflow from Operating Activities
  • Cashflow from Investing Activities
  • Cashflow from Financing Activities
  • Establishing the link between cash flow from the above 3 activities and how the business can relate
    to the financing sources with the help of cash flows from different activities
  • What is the objective of Financial Analysis
  • What are different types of financial ratios?
  • How to calculate and interpret different types of financial ratios including
  • Profitability ratios
  • Liquidity Ratios
  • Solvency Ratios
  • Investor Ratios
  • Are ratios half the picture?
  • How to use ratios to analyze a company’s financial health
  • How can financial budgets play a vital role in managing the business?
  • What is the budget cycle?
  • Long run budget vs short run budgets
  • Different budgeting methodologies including static budget, flexible budget, zero-based budgets etc.
  • Demystifying the Time Value of Money Concept
  • Using time value of money concept calculate the discounted cash flows
  • How to segregate between relevant and irrelevant cashflows when analyzing the new project
  • Introduction to various investment appraisal techniques including
  • Net Present Value (NPV)
  • Internal Rate of Return (IRR)
  • Payback Method
  • How to make project decision regarding accepting or rejecting a new project

Trainer's Profile

Mr. Mirza Farrukh Baig,
FCA
Harvard Trained | CEO Lynchpin Group | Lead VAT Trainer & Consultant

Mirza Farrukh Baig-Harvard Trained, is one of our Decorated & Talented Trainer and Instructional Designer for Finance, Accounting, Risk Management training courses at Lynchpin Training. With him on the training venue, we guarantee the best style of delivery, team engagement, the energy level of the class and the WOW experience by your team is assured.

Mirza Farrukh Baig is a qualified Chartered Accountant and a career banker. He has over fifteen years of experience teaching CMA, ACCA, CFA and CA students. He is also the lead corporate trainer at Lynchpin delivering specialized training on Finance and Accounting He has served for eight years in a leading commercial bank in UAE where he was instrumental in strengthening the SME credit risk unit. Apart from approval of banking facilities for SME clients. He played an instrumental role in developing and implementing the SME credit risk policy of the bank.

Currently, he is the CEO of Lynchpin Training & Consulting and Chief Consultant for VAT Advisory, Consulting & Implementation. Farrukh carries extensive experience in dealing indirect taxes both for the UK and South Asia. Provided VAT (Value Added Tax) consultancy services with due care, experience, resources, and exposure to tax regimes.

Farrukh is an associate member of the Institute of Chartered Accountant of Pakistan (ICAP). He has been awarded a gold medal for outstanding performance in his CA final examination, by ICAP. He also went to Harvard Business School to Executive Entrepreneurship training program.

What our Clients have to say

I am implementing my real work in the training as it applies fully to what I do and it came to me at the right time, strategising now for my work based on the learnings from training
Manager Learning & DevelopmentThe Executive Council of Dubai
Excellent experience with Lynchpin and this session I will never forget. Their Trainer is very knowledgeable and has lots of examples from his experience. Keep up the good work lynchpin team !
Finance ManagerCivil Aviation Authority Abu Dhabi
Training was with live examples and case studies, Trainer has delivered the training with passion and sincerity. Both Venue and Training were Good.
Sr. Manager ReportingDubai World
Lynchpin workshop was great learning with my current tasks at work, which was taking me long time before the training.
Faiza NasirPortfolio Manager, NBAD
Fun learning and I am implementing my real work in the training as it applies fully to what I do and it came to me at the right time, strategising now for my work based on the learnings from training
Head of FinanceYAS Water World
Lynchpin’s session was informative and required for business heads. Trainer went to the required level of audience to make them understand the concept. (Head of Corporate Planning, Eurostar) Everything was well organized,Lynchpin is very respectable Training Company –
Accounts ManagerAl Wazan Oil & Gas
Trainer is very knowledgeable and patient and passionate with training. He make sure the trainees have fun ensuring they have learning as well. I have been with Lynchpin for CMA and now this and for both i felt well taken care of.”
DidithAccountant - Arthur D Little
Very Persuasive approach by Lynchpin , very accurate and worth for whole day listening to the trainer. The group work in inhouse program is worth attending.Excel is never delivered like this before.
Director SalesFerrari World
Lynchpin trainer is brilliant and have excellent delivery skills – a new way to learn Finance for Non-Finance.
VP Human ResourceThuraya UAE
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