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Trade Finance

Finance is sometimes described as the language of business. To be effective, everyone needs to be financially literate. You need to be able to interpret figures and understand what lies behind them. The international financial management course will help Participants to perform their own jobs better, communicate better with their accounting and finance colleagues, and contribute better to the management team.

Course Objectives

This intensive course will provide

·        A thorough grounding in basic Accounting at a level that all participants can understand.

·        Practical experience of using financial data.

·        Tools to help you use what you’ve learnt when you’re back in the workplace.

The purpose of the course is to provide participants with a sound knowledge of the basics of finance and accounting, thereby enabling them to:

 

·        Appreciate the role and limitations of accounting

·        Analyze their company’s financial performance.

·        Preparing Operating and Capital Budgets.

·        Analyzing cash flow.

·        Control their own department more effectively

·        Enhance the Shareholders’ Value

·        Spot and manage their financial risks

·        Communicate more effectively with their finance departments

Audience

·        Executives, Managers and line supervisors who receive management reports and taking financial decisions.

·        Recent appointees to management positions

·        Accountants who prepare inputs to management information systems.

Course Outline

The course will address many areas of finance and accounting including:

·        Introducing finance and accounting:

a.      Analyzing the accounting transactions to debit and credit

b.     Preparing General Journal entries.

c.      Preparing the Ledger

d.     Preparing the Trail Balance

·        Understanding and Preparing the basics of financial statements:

a.      Income Statement

b.     Balance sheet

c.      Statement of Retained Earnings

d.     Cash Flow Statement.

·        Using ratios to evaluate:

A.    Liquidity ( Working Capital Finance )

B.     Activity and efficiency

C.     Profitability.

D.    Long – term debts.( Leverage)

·        Evaluating the results

·        Determining Additional Funds Needed.

·        Comprehensive Case Study ( Preparing, Analyzing And Evaluating Financial Statements)

·        Managing cash flow.

·        Depreciation Related Topics.

·        Lease versus Buy Decision.

·        Time Value of Money:

A.    Present Value.

B.     Future Value.

·        Budgeting :

A. Operating Budgets

·        Appraising investment proposals using the capital budgeting techniques :

A.     Discounted Payback Period

B.     Net Present value ( NPV )

C.    Internal Rate of Return ( IRR)

·        Weighted Average Cost of Capital ( WACC):

A.    Cost of Debts

B.     Cost of Equity

C.     Weighted Average Cost of Capital ( WACC)

D.    Optimal Capital Structure.

·        Increasing Shareholders Value

·        Risk and Rates of Return:

A.    Business Risk

B.     Financial Risk

C.     Market Risk

D.    Company’s Specific Risk

E.     Capital Asset Pricing Model ( CAPM)

F.      Risk Diversifications and Portfolio Management.