Managerial Accounting and Finance

Finance and Accounting for Non-Financial Professionals

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.

Seminar Content:

  • Understanding the income statement account and statement of financial position
  • Using information form the income statement account and statement of financial position
  • Controlling cash
  • Monitoring and controlling cash flows
  • Cash flow and credit customers
  • Why budget?
  • Operational budgets
  • Using budgets to manage business activity
  • Financial planning process
  • Decision making

Learning Objectives:

  • Understand the 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 budgets and planning based on budgets
  • 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

Who should attend:

Mid- to senior-level executives in general management, corporate planning, marketing and sales, or other functional areas—from any size company and any industry

Anyone in a top level position who doesn’t feel comfortable with the ability to understand financial statements, financial information, and making financially based decisions

DATES: 18 , 19 May

DURATION: 14 Hours

LOCATION: EIMF Premises, Nicosia

TIME: 09:00 – 16:00

FEES: €300 + VAT

Registration Form

You can register by sending the completed registration form above to [email protected] or via fax to 2227 4475. If you need help completing the form, please give us a call at 2227 4470

In-House Training

If you would like to discuss bringing this or another topic to your organization on an in-house basis please call us at 22274470 or email us at [email protected].

Instructor: Mr 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.