Financial skills and knowledge are necessary for all managers in all organizations. A more challenging business and economic climate and an increase in financial delegation is making this even more so.
Many senior professionals miss formal training in finance and often feel uncomfortable when discussing financial matters with their peers and financial professionals. This interactive and engaging program addresses these important issues.
At the end of this conference the participants will be able to:
Read and interpret financial statements
Analyze business performance
Contribute to cash and working capital management
Build budgets and Manage costs and budgets
Present business cases and utilize financing techniques to improve decision making
Understand the basic concepts of finance as it relates to their businesses
Interpret their organization's financial signals
Think and speak the language of finance
Read and understand balance sheets and profit-and-loss statements
Understand how to control and manage a companies cash flow
All Staff with Financial Responsibility
Finance Professionals who might benefit from a refresher
Those involved in Business Decision-Making
Managers anticipating Career Development
Strategy and Planning Professionals
Corporate Communication and Investor Relations Professionals
Employees who want to gain great knowledge to improve their career
Accounting Terminology and Policies
Accounting as an information system
The accounting equation- what does it mean
Generally accepted Accounting Principles
Differentiating between cash and accrual basis accounting
Basic cash flow statements
Walking through an Annual Report
The annual report package
The role of the external auditor
The accountant’s report and auditor’s opinion
Preparing income statement & balance sheet
Financial and liquidity ratios
The cash conversion cycle
Working capital management
Profitability and gearing ratios
Du Pont Formula
Financial & Non-financial analysis
Credit analysis
Z- Scores and credit ratings
Bank lending decisions
Understanding and working with costs
Plan for cost reduction and profit improvement
Fixed and variable costs income statement
Break-even analysis
Contribution margin
Costing approaches – Full Absorption, Marginal, ABC
Corporate social responsibility (CSR) is a management concept whereby companies integrate social and environmental concerns into their business operations and interactions with their stakeholders. CSR has been considered an efficient marketing tool for gaining the competitive advantages a company needs in order to be on top in the context of the current hyper-competitive environment.
You will learn vital skills for managing and creating content in this course. To help you establish a social media presence, you'll learn how to craft compelling social media posts and how to develop a powerful brand. Additionally, you'll discover how to create an ongoing procedure for handling your content. A content calendar should be created, postings should be managed and moderated, data should be analyzed for insights and iteration, and post effectiveness should be increased.
Are you under pressure from an ever-growing task list, conflicting demands and constantly changing priorities? Productive working practices are valuable skills in today’s work environment. Competition is intense and companies need people who can organize their time effectively, collaborate with others to achieve goals, and who constantly strive to better meet customer and stakeholder needs.
This popular course will support you to develop practices and techniques to manage this pressure proactively, allowing you to meet deadlines and deliver against your objectives. You will also develop skills in working well with others to ensure success.
The 5-Day Mini MBA is a unique distillation of the skills that need to be acquired in order to be considered successful in modern business. Not everyone is able to devote a year or two of their time to studying for a Masters in Business Administration, but in an age of rapid change in a highly competitive environment, it is crucial to have a thorough understanding of the issues involved in the smooth and successful running of a business. The 5 Day Mini MBA Leadership & Management Masterclass is a highly intensive training course covering all the usual subjects associated with an MBA. In 5 days, a delegate will learn what normally takes a year of full-time study. The Mini MBA course is designed to provide delegates with comprehensive knowledge of fundamental, proven strategies taught as both an academic and practical exercise. As a result, the course will provide a comprehensive understanding of the skills and knowledge that will be required for any person to further develop their business knowledge and skills and even to prepare them for actual formal study for an MBA. The course is designed to be delivered either as an “In House” class for an organization’s directors and senior management or as a public class where delegates from a number of companies can learn both from the course and from one another and exchange ideas and best practice.
Large capital-intensive projects in the oil and gas industries require substantial - and mostly risky - investments in the acquisition, exploration, and subsequent operation and maintenance of new organizational assets.
The decision of whether or not to invest in new capital projects in the oil and gas industry starts with critical decisions during the exploration phase of new development or the expansion of an existing field. The decision-making tools used to analyze project risk under conditions of uncertainty will help companies to determine the probability of success or loss and will drive the decision to develop or abandon the well.
Crisis management is concerned with responding to, managing, and recovering from an unforeseen event. Risk management is concerned with identifying, assessing, and mitigating any activity or event that could cause harm to the business. Risks can be strategic or operational in nature. A business continuity plan (BCP) is a process that outlines the potential impact of disaster situations on business operations. It creates policies that respond to various situations to ensure a business is able to recover quickly after a crisis.