Finance Simplified

Finance Simplified

COURSE OVERVIEW

Finance, accounting, and financial reporting are the cornerstones of today’s corporate world. However, many professionals trained in other disciplines find it hard to understand financial concepts and interpret financial data. Very often this becomes a severe disadvantage in both in terms of career growth, as well as achievements of targets.
This course is for “Non-financial leaders” who want to understand key financial principles and apply them in a real-world context.
It aims to impart an advanced understanding of basic concepts of finance, accounting, and financial reporting in a simple way to enable participants to not only understand but effectively use financial information, reports and concepts. The approach used will be groundbreaking, business- oriented and will not require any advanced knowledge of the course topics.

COURSE OBJECTIVES

During the course, the participants will:

  • To raise the level of financial awareness of participants and enable them to use the financial information provided to make better short term or long-term decisions in managing their businesses.
  • Uncover the stories that the financials can tell and detect their underlying dynamics
  • Become aware of the key terms used in finance and accounting, and their meaning
  • Learn to interpret financial data
  • Understand the main components of a typical set of financial statements or annual report
  • Gain a new understanding how financing and investment decision within your firm will impact the numbers in the future
COURSE OUTLINE

BASICS OF ACCOUNTING
• What is an account?
• Debit and credit
• The mathematics involved in accounting
• Cash flow, profit and loss, and balance sheet
BASICS OF FINANCIAL MANAGEMENT
• Working capital
• Cash flow management
• Assets and liabilities
• Capital and debt
• Fixed assets and their life cycle
• Valuation of intangible assets
REAL-LIFE APPLICATIONS OF FINANCE
• Human resource costing
• Customer evaluation and management
• Vendor evaluation and management
• Discounts and credit
• Project feasibility
• Financing decisions
• Budgeting and forecasting
• Cost-benefit analysis
• Your Impact: How will the number look because of your decision?
FINANCIAL STATEMENTS – INTERPRETATION
• Preparation of financial statements
• How to read a balance sheet
• How to read a profit and loss account
• How to read a cash flow statement
• What really matters the most?
• Notes to the financial statements
• Other information in financial statements
• Warning Signals – Uncover and appreciate what some of the clear warning signals are in financial statements
• SWOT Analysis using financial statements

SUMMARY OF TOPICS INCLUDED
  • Accounting Basics & Your Relevance to it
  • Body of evidence: The anatomy of financial statements and how to interpret them
  • What really matters: Balance Sheet, P&L or Cash-Flow-Statement?
  • The stories they tell: Know what really drives numbers
  • Your impact: How will the numbers look because of your decisions?
  • What can you learn from the financials about your firm or a competitor

Course Director

Talha Bin Hamid FCA, CIA
General Manager, Internal Audit Alkaram Textile Mills (Private) Limited & President, Karachi Toastmasters Club

Talha is an experienced finance and internal control professional who started his career with PwC Pakistan in 1997. After qualification as CA in 2002, Talha had the opportunity to work as a tax consultant and as a CFO, but his passion remains internal auditing. He has had more than 6 years experience of serving as Head of Internal Audit of various major listed companies. Currently he is serving as Director Risk & Corporate Advisory Services at a major audit firm, overseeing internal audit and risk advisory services for more than 50 clients ranging from multinationals to SMEs, across all sectors.
Having worked with audit firms as well as with industry, Talha is in a unique position to provide valuable insight with respect to value addition to an organization’s operations.
Talha bin Hamid is a Fellow of the Institute of Chartered Accountants of Pakistan as well as possessing CIA certification from Institute of Internal Auditors.
Talha is also a well versed public speaker and trainer and has experience of conducting a session at ICAP’s Directors Training Program as well as serving as VP Education at the Karachi Toastmasters Club.

Guest Speaker

Veqar ul Islam

– Member, SECP’s Policy Board
– CEO, Jaffer Business Systems
– Founder, Hysab Kytab

Date: February 26, 2019
Venue: Karachi Marriott Hotel
Time: 9:00 am – 5:00 pm

Registration

For further information please contact
Marya Saeed
+92 330 3184168 / 0300 213 3848 / +92 21 3483 3775

Terrabiz Cancellation Policy

For cancellations made in the 7 working days to the workshop, no refunds
will be given. Cancellations must be confirmed by email. Substitutions may be made at any time.

Registration Investment
Group Discount 10%

on 2 or more nominations from the same organization
15% Discount for members of ICAP, ICMAP, IIA and CFA Society of Pakistan
(For larger groups, please send us a note at info@terrabizgroup.com)


*Discounts are mutually exclusive

Regular Fee: Rs. 23,500 per participant
Includes courseware, certificate, lunch, refreshments and business networking

Print Media Partner

Business Magazine Partner

International Partner

Course Director

Talha Bin Hamid FCA, CIA

General Manager, Internal Audit Alkaram Textile Mills (Private) Limited & President, Karachi Toastmasters Club

Guest Speaker

Veqar ul Islam

– Member, SECP’s Policy Board
– CEO, Jaffer Business Systems
– Founder, Hysab Kytab

Date : February 26, 2019
Time : 9 am to 5 pm
Venue : Karachi Marriott Hotel
Fee : Rs. 23,500 per participant