Finance and Accounting for the Nonfinancial Executive

Finance and Accounting for the Nonfinancial Executive

Introduction

 

Balance sheets and income statements. Cash flow and financial management. Many executives rise to positions of great responsibility with less knowledge of finance and accounting than they’d like to have. Finance and Accounting for the Nonfinancial Executive will demystify the data, clarify key concepts, and teach you important frameworks and fundamentals.

 

Nonfinancial executives nowadays must be able to identify business trends, read financial statements and reports, make performance comparisons with competitors, and practice financial forecasting. They must be able to understand how much debt a company should accept, the appropriate analysis for better investment decisions, the measurement of the cost of capital, and the payment of any cash dividends to investors. Bottom line, nonfinancial executives must be able to make better financial management decisions to increase the value of their company in the marketplace.

What you will Learn

This course aims to enable participants to achieve the following objectives:

Understand the strategic use of accounting and financial data

Understand the core concepts, terms, and techniques of finance and accounting

Utilize financial concepts to make more informed decisions and become a greater asset to their company

Engage more effectively with the financial stakeholders in their company

Communicate with the key sources of finance—banks, other lenders, and investors

Gain a broad overview of the financial marketplace and the role a company plays within it

To understand long-term and short-term financial planning

To comprehend the cost structure and the cost optimization process

To identify ways of increasing cash flows

To understand the logic of value-creating managerial decisions

To comprehend the risk dimension of financial decisions and the importance of the risk-return balance.

 

Trainer: Frixos Zembylas

Frixos Zembylas is a certified public accountant and a registered auditor, member of the Association of Certified Chartered Accountants (ACCA) and the Institute of Certified Public Accountants of Cyprus (ICPAC).

An experienced professional in the subject; with a long term career in a Big 4 firm, over the years he has acquired different competencies which are used in his trainings.

 

Teaching as a part-time lecturer for the University of West London, and an external tutor with EY Academy of Business in Europe and Middle East. During 11 years of professional experience in Finance he has offered services to private and public companies within the European Union and also to Ukraine, Russia, Serbia, Albania, Bulgaria in the areas of audit, tax structuring, banking and IT.

A founding partner of an Audit and Accounting firm based in Cyprus, having the role of the Managing Director.He has teaching experience in the GCC region, through the business and professional training sessions organized by EY Academy of Business in the MENA region. The subjects mainly that he taught  in GCC countries are International Financial Reporting Standers, Finance for Non Finance Managers, Due Diligence, Strategy and Planning and specialized areas of Audit.

DATES: 30/11/15 – 02/12/15

DURATION: 21 Hours

LOCATION: EIMF Premises, Nicosia

TIME: 08:30 - 17:00

FEES: HRDA eligible €243, non-HRDA eligible €600(both + €114 VAT)

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