Don't let fear of finance set you back!
Finance...for nonfinancial managers. It's a topic you must understand-especially
during challenging economic times when financial acumen is expected at every
organizational level. You've got to know how to justify a request, quantify your
contributions to the company and spot profit drains immediately. Because whether
you're a wizard of finance or a nonfinancial manager, performance is measured
the same way-in dollars and cents!
Offering an accessible overview of finance for nonfinancial managers, this
seminar features exactly what you need to further your career and build your
future. From accruals to write-offs to receivables and payables, this workshop
shows nonfinancial managers the concepts, tools and techniques that can help
make each decision pay off-on the job and on the bottom line.
How You Will Benefit
• Get a firm grasp of the numbers side of your job
• Gain greater confidence with a working knowledge of business financials
• Learn how to "think finance" and translate performance into financial terms
• Cultivate proactive working relationships with finance professionals and
enhance your value to the organization
• Understand the business dynamics of dollars and cents-and take initiatives
that meet your short- and long-term goals
• Take the guesswork out of your decision making and deliver a better bottom
line
• Expand your professional expertise-and your career opportunities
What You Will Cover
• Key finance terms: assets, liabilities, capital, depreciation, capitalization,
current ratio and others
• The accounting process: journals and ledgers, how debits and credits work
• Mastering the mind-set: see business in terms of dollars-and-cents decision
options that pay off-short- and long-term
• Basic accounting principles
• Applying accounting conventions and guidelines
• Developing working rules regarding your corporate financial statements
• Using the balance sheet to examine assets and liabilities
• Analyzing the income statement to assess revenues and expenses
• The statement of cash flow: sources and uses of funds
• Content and format of the annual report
• Understanding the footnotes
• Debt vs. equity financing
• How leveraging can increase return to shareholders
• Keeping your plan on target with budgetary controls
• Using profit-planning tools, break-even analysis, financial forecasting
• Cash flow: where cash comes from and how it's applied
• Elements of cost accounting
• Analyzing payback method, discounted cash flow, present value and present
value index in making profitable capital investment decisions
• Criteria for examining the performance of divisions and product lines
• Understanding the cost of capital
Who Should Attend
This program is designed for nonfinancial managers in every functional area of
responsibility in all industries.
Note: Please bring a calculator and a copy of your annual report (if available).
Extended Seminar Description
Learning Objectives
• Make Better Bottom-Line Decisions with a Working Knowledge of the Numbers
End
of Business
• Gain a New Sense of Confidence When Dealing with Financial Professionals
• Expand Your Professional Expertise...Add Value to Your Future Career
• Understand the Business Dynamics of Dollars and Cents-and Take Initiatives
That Optimize Results in Line with Short- and Long-term Goals
• Take the Guesswork Out of Your Decision Making and Deliver the Results You
Need
• Cultivate Proactive Working Relationships with Financial Professionals and
Enhance Your Value to the Organization
• Learn How to "Think Finance" and Translate Various Measures of Performance
into Financial Terms
Basic Accounting Concepts
• The Importance of the Accounting Equation
• The Significance of Generally Accepted Accounting Principles (GAAP)
• The Accrual Process
• The Difference Between Accounting Profit and Cash Flow
Understanding Financial Statements
• Understand the Purpose of and Terminology Associated with the Following
Financial Statements:
o Income Statement or Profit and Loss Statement (P&L)
o Balance Sheet
o Statement of Retained Earnings
o Cash Flow Statement
• Prepare a Set of Simple Financial Statements
• Understand the Accounting Process, from the Recording of Business
Transactions
to the Preparation of Financial Statements
• Understand How Various Business Transactions Affect the Financial
Statements
Reviewing an Annual Report
• Various Components of an Annual Report
• Importance of Notes in Evaluating Financial Statements
• External Auditor's Role and the Significance of the Opinion Letter
Evaluating a Company's Financial Statements
• Calculate the Key Financial Ratios Using the Financial Statements
• Use Financial Ratios to Evaluate:
o An Organization's Liquidity, Leverage and Profitability
o The Performance of an Organization as Compared to Its Competitors'
o An Organization's Performance Compared with Budgeted Goals
• Identify Sources of Financial Information beyond the Financial Statements
• Use the Dupont Formula to Evaluate Management Performance
• Use the Concept of Economic Value Added (EVA(R)) and Cash Flow Return
on
Investment (CFROI) to Determine if a Segment of an Organization Is Adding
Value
to the Business
Improving Profitability through Cost Analysis and Profit Planning
• Differentiate between Fixed and Variable Costs
• Help Your Organization Improve Profitability through the Use Of:
o Break-even Analysis
o Contribution Margin Analysis
o Direct Costing in Appropriate Situations
• Understand Traditional Cost Accounting and Its Limitations
• Understand the Relevance of Activity-Based Costing in Today's Business
Environment
Capital Expenditure Analysis
• Distinguish between Capital Expenditure Budgets and Operating Budgets and
Understand the Function of the Capital Budget
• Understand Why Cash Has a Time Value
• Recognize and Apply Different Methods of Evaluating Capital Expenditure and
Monitoring Project Performance
Budgeting More Effectively
• Understand the Role of Budgeting and Issues That Budgets Can Solve
• Understand the Budgeting Process
• Identify Different Types of Budgeting Systems in Use Today
• Analyze Budgets for Different Purposes
• Recognize and Apply Different Methods of Evaluating and Monitoring Operating
Performance
Action Plan
• Apply what you've learned to plan a negotiation for back on the job
Who Should Attend
Those responsible for negotiating the best possible terms of an agreement for
their organization.
Note: this program in not intended for labor union negotiators of either side.
Category
Finance & Accounting
Schedule
April 27-29, 2009
Venue
Grand Serela Hotel, Bandung
Tuition Fee
Rp. 4.800.000,- per participant, excluding accommodations & tax.
Registration
Send by email -or-
fax to:
training@focustraco.com
(0251) 7534-984
PT.
FOCUS
TRACO INDONESIA
Wisma Pakuan, Jl. Pakuan 12
BOGOR - 16143
CP: Ms. Eka Rheni -or- Mr. Abdul Rohim
Phone: (0251) 2169-150, (021) 7009-9943
