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Certificate In Strategic Finance For Non-Finance Managers

This course transforms financial and accounting language and concepts into decision-making tools that non-financial managers can successfully use 18 – 21 December 2011 • Kempinski Hotel, Mall of the Emirates, Dubai, UAE

www.iirme.com/stratfin

5 Key Business Benefits 1. Gain a thorough understanding of the wide range of financial terms and concepts 2. Apply the financial concepts and policies behind the management decision processes 3. Recognise the impact of effective working capital management on company cash flow

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4. Control business operations through effective budget management and be able to assess and control the impact of day-to-day business activities on a company’s profitability 5. Communicate effectively with financial executives and top management and be able to interpret and analyse financial statements


About Your Expert Course Leader

The George Washington University School of Business, IIR Middle East’s Academic Partner, is dedicated to excellence: in its teaching and research about management, in the public and private sectors, within the United States and internationally. The school has a 75 year history of preparing men and women for leadership in both the public and private sectors. Known internationally for its dedication to academic excellence, the school draws students from all parts of the United States and around the world. Beyond first class teaching and scholarship, the school’s faculty offers practical experience in the issues and challenges confronting business and government. Its research centres link faculty and students with US and international business and government organisations. Recent distance learning initiatives have expanded the school’s global reach.

Course Requirements And Certificates

Nabil W. Zaki has been in the investment and banking industry for more than 30 years. During that period, he assumed senior positions in both corporate finance and treasury with major Wall Street firms and international financial institutions in New York, Canada and the Middle East. He has held high profile management positions with Chase Manhattan Bank, Merrill Prudential Securities and Tradition. M ill LLynch, hP d Currently, Nabil Zaki is an adjunct Professor of Corporate Finance and Derivatives at New York University. He taught at New York Institute of Finance (currently known as FT Knowledge) from 1995 until 2004. He lectures extensively on portfolio management, risk management, derivatives, and international capital markets for major Wall Street firms and financial institutions . Nabil worked as senior vice presidents at both Chase Manhattan bank as well as Merrill Lynch in a variety of senior posts in credit and treasury. Also, Nabil is consulting a number of banks and financial institutions in the USA, Asia and Japan in the areas of asset/liability management, credit derivatives and restructuring as well as risk management. Currently, he is a senior adviser for a major hedge fund; Permal Investment Management. Also, a Group Adviser for the Board of Directors of a major Asian bank; EON Bank. Previously, he served as an independent board professional director at the Board of Directors of Signature Asset Management Company Limited - a Cayman Island incorporated company.

Delegates must meet two criteria to be eligible for an IIRME/GW Certificate of Completion for a course:

Course Introduction

1. Satisfactory attendance – delegates must attend all sessions of the course. Delegates who miss more than 2 hours of the course sessions will not be eligible to sit the course exam

In today’s global business environment, every business executive must possess a fundamental knowledge of how financial resources are accumulated, utilised and monitored to create shareholder value. Companies that leave these critical issues to the exclusive domain of financial executives stand to be at a clear competitive disadvantage.

2. Successful completion of the course assessment Delegates who do not meet these criteria will receive an IIRME Certificate of Attendance. If delegates have not attended all sessions, the Certificate will clearly state the number of hours attended.

Course Assessment Knowledge Confirmation And Personal Assessment To Include: • Group Discussions • Quiz • Final exam through a multiple choice paper

Who Should Attend? • • • • •

Project Managers and Team Leaders Divisional and Department Heads IT Heads and Managers HR Heads Heads of Strategy and Planning

The course will also benefit experienced managers and directors with a limited formal financial background. Rising stars and managers moving into roles with financial accountability as well as managers with responsibility for the financial performance of a team, department or organisation.

T: 971-4-3352437

F: 971-4-3352438

Understanding the financial levers of effective business management is crucial for every senior executive. In this course, you will explore how financial information is formulated, how it is processed to allocate capital, how financing decisions are made, how the outcome of investment decisions is evaluated, and how the outcome determines the return that the investors receive. The course will equip you with a collection of tools and insights to enable you to fulfill your professional goals as well as the expectations of your companies and investors.

Course Overview The course is based primarily on group discussions as well as case studies to reinforce the fundamentals of finance. You will work in teams to gain experience in: • Preparing income statements and balance sheets • Analysing financial statements and setting a viable department budget • Forecasting a cash flow model from a budgeted income statement • Selecting the most profitable project using different financial parameters • Examining alternative outcomes arising from using different costing techniques • Understanding the wide range of risk variables affecting a project

E: register@iirme.com

W: www.iirme.com/stratfin


Certificate In Strategic Finance For Non-Finance Managers 18 – 21 December 2011 • Kempinski Hotel, Mall of the Emirates, Dubai, UAE Course Timings Registration will start at 07:30 on the first day. The course will commence at 08:00 and conclude at 14:30. There will be a refreshment break at approximately 10:00 and 12:30. Lunch will be served at the end of the course day at 14:30.

Day One

Budgeting

Overview • Concept of finance • Why finance? • Elements of finance • Understanding economic factors • Risk and return parameters

Setting Budgets • Working within the context of the strategic plan • Forecasting sales and revenue • Calculating cost of sales and overhead • Rolling, incremental, flexible and zero-based methodologies • Budget coordination; creating the master budget • Limiting factors

Review Of Financial Terms And Concepts • Determining the structure of financial statements • Relating the income statement to the balance sheet and cash flow statement • Demystifying financial jargon • Budgeting process: translating the business plan into figures • Selecting capital projects objectively

Monitoring Budgets • Actual vs. budget • Calculating and interpreting variances • Diagnosing the causes of variances • RE-forecasting

Day Four

Overview Of Money And Capital Markets • Primary vs. secondary markets • Common vs. preferred stock • IPOs • Private placements • Money market instruments • Capital market instruments

Financial Accounting, Analysis And Interpretation The Income Statement • Defining revenue, cost of sales and gross profit • Examining the conceptual nature of profit • Differentiating between capital and revenue expenditures • The effect of inventory valuation on profitability • Accruing overhead and administrative expenses • Applying accounting practices to leases and research and development The Balance Sheet • Subcomponents of assets, liabilities and equity • Distinguishing between fixed and current assets • Depreciating and/or revaluing fixed assets • Accounting for provisions, accruals and prepayments • Deferring income and expenses • Amortising intangible assets such as goodwill and brands

Capital Budgeting And Valuation • Concept of capital budgeting • Determining initial costs • Valuation techniques • Capital budgeting methods: - Average rate of return - Payback period - NPV - Profitability index - Internal rate of return - Capital Asset Pricing Model (CAPM) Cost Of Capital • Cost of capital as a benchmark for investment decisions and a measure of profitability • Cost of long term debt • Cost of common and preferred stock • Measuring WACC Mergers And Acquisitions • Why companies merge? • Synergies and benefits of mergers and acquisitions • Cost of mergers

Day Two Analysing And Interpreting Statements • Utilising appropriate ratios to ascertain financial strength and viability • Determining return on employed • Anatomy of the return on equity • Evaluating levels and ratios of liquidity, capacity and profitability • Assessing leverage levels • Assessing and evaluating capital and cost structures

Financial Markets • Funding concepts • Money vs. capital markets • Money market instruments • Equity instruments • Government vs. corporate bonds • IPOs vs. private placements • Concept of derivatives • Types of derivatives • Applications of derivatives

Cash Flow And Working Capital Management Cash Flow Statement • Reconciling the differences between profit and cash • Identifying the key elements of the cash flow statement • Determining historical operating cash inflows and outflows

Day Three Working Capital Management • Forecasting future cash flows • Controlling inventory levels • Managing receivables and payables • The dangers of over-rapid expansion

T: 971-4-3352437

F: 971-4-3352438

E: register@iirme.com

W: www.iirme.com/stratfin


Certificate In Strategic Finance For Non-Finance Managers

18 – 21 December 2011 Kempinski Hotel, Mall of the Emirates, Dubai, UAE

FIVE WAYS TO REGISTER IIR Holdings Ltd. P.O Box 21743 Dubai, UAE

971-4-3352437 971-4-3352438

GCS/IIR Holdings Ltd. P.O Box 13977 Muharraq Kingdom of Bahrain

register@iirme.com

www.iirme.com/stratfin

DISCOUNTS AVAILABLE FOR 2 OR MORE PEOPLE CALL – 971-4-3352483 E-MAIL – a.watts@iirme.com WEB BC4050 Event

Course Fee Before 9 October 2011

Course Fee Before 6 November 2011

Final Fee

Certificate In Strategic Finance For Non-Finance Managers 18 – 21 December 2011

US$ 3,695

US$ 4,195

US$ 4,495

Course fees include documentation, luncheon and refreshments. Delegates who attend all sessions and successfully complete the course assessment will receive an IIRME/GW Certificate of Completion.

Interested in running this course in-house?

Please call the Customised Training Solutions Team on 971-4-3352439 or CTS@iirme.com

DELEGATE DETAILS Name: .............................................................................................................................................................................................................. Job Title: ......................................................................................................... Email: .....................................................................................

All registrations are subject to our terms and conditions which are available at www.iirme.com/terms. Please read them as they include important information. By submitting your registration you agree to be bound by the terms and conditions in full.

Tel: ..................................................... Fax: .................................................... Mobile: ..................................................................................

Name: .............................................................................................................................................................................................................. Job Title: ......................................................................................................... Email: ..................................................................................... Tel: ..................................................... Fax: .................................................... Mobile: ..................................................................................

Name: .............................................................................................................................................................................................................. Job Title: ......................................................................................................... Email: ..................................................................................... Tel: ..................................................... Fax: .................................................... Mobile: ..................................................................................

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Payments A confirmation letter and invoice will be sent upon receipt of your registration. Please note that full payment must be received prior to the event. Only those delegates whose fees have been paid in full will be admitted to the event. You can pay by company cheques or bankers draft in Dirhams or US$. Please note that all US$ cheques and drafts should be drawn on a New York bank and an extra amount of US$ 6 per payment should be added to cover bank clearing charges. In any event payment must be received not later than 48 hours before the Event. Entry to the Event may be refused if payment in full is not received. Credit card payment If you would like to pay by credit card, please tick here and a member of our team will contact you to take the details

Job Title: ......................................................................................................... Email: .....................................................................................

Cancellation

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If you are unable to attend, a substitute delegate will be welcome in your place. Registrations cancelled more than 7 days before the Event are subject to a $200 administration charge. Registration fees for registrations cancelled 7 days or less before the Event must be paid in full. Substitutions are welcome at any time.

Company: ............................................................................................................................................................................................................ Address: ................................................................................................................................................................................................................ Postcode: ................................................................................. Country: ........................................................................................................... Tel: .............................................................................................. Fax: .................................................................................................................. No. of employees on your site: 1000+ 500-999 250-499

50-249

0-49

Nature of your company's business: ..........................................

YES, I would like to receive information about future events & services via e-mail .................................................................

To assist us with future correspondence, please supply the following details: Name of the Department Head: ..................................................................................................................................................................... Department: ........................................................... Mobile: .......................................... Email: ....................................................................... Training Manager: ............................................................................................................................................................................................. Department: ........................................................... Mobile: .......................................... Email: ...................................................................... Booking Contact: .............................................................................................................................................................................................. Department: ........................................................... Mobile: .......................................... Email: ......................................................................

Avoid Visa Delays - Book Now Delegates requiring visas should contact the hotel they wish to stay at directly, as soon as possible. Visas for non-GCC nationals may take several weeks to process. All registrations are subject to acceptance by IIR which will be confirmed to you in writing. Due to unforeseen circumstances, the programme may change and IIR reserves the right to alter the venue and/or speakers.

Event Venue: Kempinski Hotel, Mall of the Emirates, Dubai, UAE Tel: 971-4-3410000 Accommodation Details We highly recommend you secure your room reservation at the earliest to avoid last minute inconvenience. You can contact the IIR Hospitality Desk for assistance on: Tel: +971-4-4072693 Fax: +971-4-4072517 Email: hospitality@iirme.com © Copyright I.I.R. HOLDINGS B.V.

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Certificate In Strategic Finance For Non-Finance Managers  

In this course, you will explore how financial information is formulated, how it is processed to allocate capital, how financing decisions a...

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