Financial Leadership Principles 

Duration: 3 Days

Overview

This course is designed to provide a comprehensive insight in the components of the financial statements, and their interrelationship. It also covers the fundamentals concepts and principles that underpin financial transaction and reports.

The content is geared towards anyone aspiring to deepen to understand the world finance and how it connects with their job. It provides context and practical guidance to all levels of non-financial managers. 

Outline

Overview of Financial concepts

  • ROI and value creation

  • Business structures and models

  • Finance and ethics

  • Financial governance

The Income Statement

  • Importance of the income statement

  • Define and review income items

  • Identify and explain operating expenses

  • Revenue recognition principles

  • Accruals and prepayments

  • Gross, Operating & Net Margins

  • EBITDA Calculation and its meaning

Statement of Financial Position (Balalnce Sheet)

  • Describe the importance of the balance sheet

  • Identify the nature of assets

  • Identify and explain the nature of liabilities

  • Tangible and intangible assets

  • Impact of leasing and off-Balance Sheet items

  • Capital and shareholders’ interest in the business

Cash flow Statement

  • Differentiate between profit and cash

  • Understand the elements that make up the cash flow statement

  • Evaluate the impact of cash flow on business decisions

  • Explore the cash conversion cycle

  • Understand effective working capital management