Accounting for Non-Accountants

GENERAL LOOK

When financial data becomes a crucial part of people's everyday life, it will affect their fortunes and as a result their entries will be affected by it as well. Therefore, it will be obvious that non accountants are going to gain necessary skills and knowledge that let them understand financial data perfectly, and designate them to analyze, induce and criticize these data. Besides it will support their abilities on creating and making rational financial decisions, whether those customers were from the group of adventurers or from those who avoid risks.

This is what our program-found between your hands- represents in a simplified and rational way using easy effective tools… suitable for the practical needs of non accountants and that guarantee achieving needed integration and diversity in their expertise systems.

PARTICIPANTS

Business men and women.
Administrators in high, middle and executive levels of administration.
Technical specialists (doctors, engineers, chemists, etc…) whose jobs include financial and administrative parts and aspects.
Legists such as lawyers and jurists that the nature of their work requires to undertake adjudication of disputes having commercial characteristics.

GOALS

Build accounting and financial knowledge.
Support applied expertise in the field of dealing with financial data and inducing it.
Improve the financial performance in non accountant's functions to upgrade the institutional performance and support it.
Master the practices of using financial data for the purpose of planning, monitoring and evaluating the performance.
Understand the purposes of analyzing and criticizing financial data.

CONTENT

The first theme: Accounting knowledge for non accountants.

The roles.
Skills acquisition.
Support mechanisms.

The second theme: Financial reports.

Its essence, importance and types.
The ways of planning and presenting according to the requirements of the international financial reporting standards (IFRS).

The third theme: Simplify the conception and usage of financial reports.

The financial center list and the skills of identifying the net fortune.
The income list and the calculations of the results in addition to the requirements for measuring the period's profit or loss.
The list of distributing the suggested profits and the arts reports regarding earnings per share (EPS).
List of changes in ownership rights.
The list of monetary flows and analyzing the sources and the investing, funding and operational casualties.

The fourth theme: Usage of financial data for the purpose of planning, monitoring and evaluating performance.

Financial data distortions.
Precautions on depending on the output accounting system in planning, monitoring and taking decisions.

The fifth theme: Purposes for analyzing and criticizing financial data.

For the purposes of reporting liquidity.
For the purpose of reporting solvency.
For the purpose of reporting profitability.
For presenting the report regarding activities.
For analyzing the profitable components according to OLT sample.
For measuring the acquisitiveness estimated indicator.
To make a report about the financial success or failure in trading on equity, and leverage skills.

The sixth theme: Support the skills of building programs and designing policies.

For the purpose of recommendation by creditworthiness for the client or by withholding credit from him.
In order to build programs for cost reduction and others for teaching general rational expenditure.
For making decisions and differentiate between alternative operational techniques, by using similar cost point.
For building profit managing programs and changing the components of the products or the marketing mix and services, in addition to analyzing equality level for each scenario.
To form a report including competency, effectiveness and economy.
To monitor cost elements and report its economies.
To restructure the essentials, commitments and securitizations.
To form and manage the investments and sovereign wealth funds.
To recognize and evaluate the feasibility of investment programs and thoughts by using the following measurements: payback period, profitability indicator, NPV and IRR.