Training Details
First day
The financial statements in light of international accounting standards.
- income list
- Statement of Cash Flows
- Statement of financial position.
- Report on liquidity and financial ease
- The importance of the statement of cash flows
- View the cash flow statement
- Methods of preparing the statement of cash flows [Direct Method / Indirect Method]
- cash flow statement analysis
the second day :- Planning budgets
- Problems of preparing planning budget estimates
- Determine the target business number.
- Building budget estimates.
- Determining the economic quantity of the order
- A practical case for preparing the comprehensive current budget.
the third day The use of financial statements in the provisions of control and performance evaluation
- Financial analysis: its concept, image, roles.
- Horizontal financial analysis.
- Vertical financial analysis.
- Analyze financial statements using ratios and indicators.
- For purposes of reporting on liquidity Liquidity
- For purposes of reporting on financial ease Solvency
- For profitability reporting purposes profitability
- For activity reporting purposes turnover
the fourth day Controlling the elements of costs
- Using cost estimates and standard costs.
- Analyze the deviations of output, loss, mixing, and usage.
- A trade-off between alternative operating techniques using a cost symmetry point.
- Use the Eltman Model (z score model) in predicting the financial success or failure of a project.
The fifth dayThe use of accounting data and information in rationalizing decision-making.
- Product pricing decision.
- Decision to determine the minimum selling price.
- The decision to dispose of operating exhausts.
- Decision to determine the optimal sales mix in the case of scarce resources.
- The decision to accept or reject a sale order added at a reduced price.