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Beacon FinTrain

Provides an array of professional business and financial training services that stem from improving a corporate's treasury workflow —all the way to efficient, finance training programs.

Course Overview

In today’s business environment, professionals need practical, working knowledge of corporate finance to make sound business decisions.

The Finance for Non-Finance Managers program is specifically designed for business owners and professionals with little or no accounting/financial, or technical knowledge who need to understand the fundamentals of financial management and the tools and techniques used to make financial decisions in the corporate context.

The program is specifically built to develop professionals’ ability to read and analyze financial statements and differentiate between the costs that could affect decision-making. It will help them prepare budgets and forecasts for operations and develop models that answer short-run 'what-if' questions


For More Inquiries

Karim Shawki

Corporate Sales Manager

 +201271689124

 k.shawki@beacon.com.eg

Karim Shawki

Corporate Sales Manager

 +201271689124

 k.shawki@beacon.com.eg

Course Outcome

Understand the fundamentals of corporate finance and financial accounting.

Explain the different types of financial accounts.

Classify the main areas of financial ratio analysis.

Identify the main variables affecting the cost structures in the corporate contextual framework.

Recognize the difference between fixed and variable costs, and the impact of volume on costing and pricing calculations.

Course Outline

Topic 1 :Cost Management

Cost behavior and cost objects

Actual and normal costs

Standard costs

Absorption (full) costing

Variable (direct) costing

Joint and by-product costing

Break Even Point Analysis

Cost accounting and Business Decision

Topic 2 :Operational Efficiency

Just-in time manufacturing

Material requirements planning (MRP)

Theory of constraints and throughput costing

Capacity management and analysis 

Topic 3 :Business process performance

Value chain analysis

Value-added concepts

Process analysis

Benchmarking

Activity-based management

Continuous improvement concepts

Best practice analysis

Cost of quality analysis

Topic 4 :Operating budgets

Regression analysis

Learning curve analysis

Exponential smoothing

Time series analysis

Expected value

Sales budget

Production budget

Direct material budget

Direct labor budget

Manufacturing overhead budget

Ending Finished goods inventory budget

Cost of goods sold (COGS) budget

Non-manufacturing budget

Pro forma income statement budget

Topic 5 :Financial budgets

Capital budget

Cash budget

Pro forma balance sheet budget

Pro forma statement of cash flow budget

Cost and Variance Measures

Ratio Analysis


Who Should Attend

This program is designed for senior managers and unit directors from non-finance-based functions, such as:EngineeringMarketingSales, planningDesignLogisticsManufacturingITParticipants should have at least five years of work experience

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