training@gulf-institute.com +971 52 169 4077 Downloads Blogs
Back
Financial Decision Making for Non Financial Professionals

Financial Decision Making for Non Financial Professionals

Quick Enquiry Call Me Back
Quick Enquiry Call Me Back

01Overview

02Course Outline

03Schedule & Fees

Overview
Course Outline
  • Overview of Key Concepts in Accounting and Finance
    • Key financial statements: Income statement, balance sheet and cash flow
    • Summary of accounting considerations for major accounts:
      • Key financial ratios:
        • Profitability ratios
        • Liquidity ratios
        • Debt ratios
        • Activity ratios
    • The three pillars of finance:
      • Operating, investing and financing decisions
  • Operating Decisions
    • Managerial accounting concepts:
      • Types of cost behavior: Fixed costs, variable costs and step costs
      • Relevant costs, sunk costs and opportunity costs
    • Breakeven analysis
    • Operating leverage
    • Evaluating operation decision options:
      • Extending credit to customers
      • Hiring additional staff
      • Outsourcing decisions
      • Accepting special orders                                   
  • Investing Decisions
    • Overview of time value of money
    • Cost of capital
    • Evaluation methods:
      • Net Present Value (NPV)
      • Internal Rate of Return (IRR)
    • Evaluating investing decision options:
      • Mid-term and long-term projects
      • Contracts with customers and suppliers
      • Valuation of companies
  • Financing Decisions
    • Characteristics of debt vs. equity financing
    • Types of debt financing
    • Evaluating financing decision options:
      • Short-term vs. mid- and long-term debts
      • Impact of interest rates
    • Setting up company for an Initial Public Offering (IPO)
  • Introduction to Risk Management
    • Definition and importance of risk management.
    • Enterprise Risk Management Process (Identify, Assess, Treat, Review)
    • Types of financial risks: Operational, market, liquidity, credit, and strategic risks
    • Identifying risks across financial activities
      • Operating activities: Expense variability and inefficiencies
      • Investing activities: Market volatility and Return on Investment (ROI) uncertainty
      • Financing activities: Interest rate fluctuations and liquidity challenges
    • Simple tools for risk assessment
      • Risk prioritization using a basic impact vs. likelihood matrix
Schedule & Fees
2026 Schedule & Fees
USD 3,100
Per participant
  • 15 - 19 Nov, 2026
  • English
USD 3,100
Per participant
  • 15 - 19 Nov, 2026
  • Arabic
USD 3,100
Per participant
  • 13 - 17 Dec, 2026
  • English
USD 3,100
Per participant
  • 13 - 17 Dec, 2026
  • Arabic
2027 Schedule & Fees
USD 3,100
Per participant
  • 14 - 18 Feb, 2027
  • English
USD 3,100
Per participant
  • 14 - 18 Feb, 2027
  • Arabic
USD 3,100
Per participant
  • 14 - 18 Mar, 2027
  • English
USD 3,100
Per participant
  • 14 - 18 Mar, 2027
  • Arabic
USD 3,100
Per participant
  • 16 - 20 May, 2027
  • English
USD 3,100
Per participant
  • 16 - 20 May, 2027
  • Arabic
USD 3,100
Per participant
  • 13 - 17 Jun, 2027
  • English
USD 3,100
Per participant
  • 13 - 17 Jun, 2027
  • Arabic
USD 3,100
Per participant
  • 15 - 19 Aug, 2027
  • English
USD 3,100
Per participant
  • 15 - 19 Aug, 2027
  • Arabic
USD 3,100
Per participant
  • 12 - 16 Sep, 2027
  • English
USD 3,100
Per participant
  • 12 - 16 Sep, 2027
  • Arabic
USD 3,100
Per participant
  • 14 - 18 Nov, 2027
  • English
USD 3,100
Per participant
  • 14 - 18 Nov, 2027
  • Arabic
USD 3,100
Per participant
  • 12 - 16 Dec, 2027
  • English
USD 3,100
Per participant
  • 12 - 16 Dec, 2027
  • Arabic