This conference is designed to provide participants with a strong foundation in the principles of finance and accounting, focusing on the key elements needed to analyze financial statements, manage budgets, and improve financial decision-making. Through it, participants will gain practical knowledge and skills in financial reporting, analysis, and control, helping them contribute more effectively to their organization’s financial success.
Understand the core principles of finance and accounting.
Analyze financial statements for better decision-making.
Manage and control budgets efficiently.
Apply financial ratios and metrics to assess business performance.
Utilize financial data to support strategic planning and growth.
Finance Managers.
Accountants and Auditors.
Business Managers and Owners.
Budget Analysts.
Financial Consultants.
Overview of financial accounting vs. management accounting.
Understanding key financial statements: income statement, balance sheet, and cash flow statement.
The accounting cycle and its importance in financial reporting.
Key financial concepts: assets, liabilities, equity, revenue, and expenses.
Techniques for analyzing financial statements to assess business performance.
Key financial ratios: liquidity, profitability, efficiency, and leverage ratios.
Trend analysis and benchmarking for performance evaluation.
Interpreting financial statements to identify strengths and weaknesses.
The budgeting process: forecasting revenue and expenses.
Different types of budgets: operating, capital, and cash flow budgets.
Techniques for controlling budgets and managing variances.
Aligning budgets with strategic organizational goals.
Tools and software for effective budgeting and financial planning.
Understanding fixed, variable, and overhead costs.
Techniques for controlling costs and improving profitability.
Activity-based costing (ABC) and its application in cost control.
Using break-even analysis to make informed financial decisions.
Best practices for reducing operational costs without sacrificing quality.
The role of finance in strategic business decisions.
Using financial data to inform investment and growth decisions.
Risk assessment and mitigation in financial decision-making.
Evaluating capital investment projects using techniques like NPV and IRR.
Methods for integrating finance into strategic planning processes.
