FINANCE FOR NON-FINANCE

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Hesham Mokhiemer

Expert Trainer

International Accounting and Finance Trainer Hesham Mokhiemer has organized and taught accounting and finance courses and workshops for more than a decade for some of the leading training companies in the Middle East. Delivering more than 6000 hours of workshops and courses to over 4,500 trainees, he holds an exceptional track record of the number of candidates who have passed CMA exams under his supervision, and he has delivered training programs for a host of clients in multiple industries, including major organizations in telecommunications, business services, banking, financing and credit, insurance, manufacturing, retail and wholesale, education management, Oil and Gas, shipping and facilities management sectors in different countries.

With nearly two decades of practical financial experience for major multinational and international organizations in the banking, retail and manufacturing sectors, Hesham brings an extraordinary depth of first-hand knowledge to his teaching. His previous full-time position was as Finance Director for one of the leading international manufacturing organizations in the Middle East, which employed 9000 workers in more than ten countries.

Hesham has also served for twelve years as International Accounting and Finance Trainer for Professional Training Institutes in the Middle East, delivering CMA and IFRS instruction and finance and accounting workshops to clients that included the American Chamber of Commerce, German-Arab Chamber of Industry and

Commerce, Continuing Education Center of King Saud University, Morgan International, LEORON Institute, and other organizations.

Hesham delivers accounting and finance workshops and courses in different cities throughout the Middle East, such as Riyadh, Abu Dhabi, Dubai, and Muscat, and as far as Astana and Cairo, where he provides workshops in varied subject areas within the fields of accounting and finance, including IFRS, CMA, CTP, corporate finance, credit analysis, advanced cash flows analysis, treasury management, financial modelling (intermediate and advanced levels), company valuation, mergers and acquisition, budgeting and forecasting, cost accounting and other subjects. Always engaging and enthusiastic, Hesham’s training gives trainees a hands-on approach that leads smoothly from an understanding of the basics all the way to the requisite advanced appreciation of each topic.

Hesham is a Certified Management Accountant (CMA) and member of the Institute of Management Accountants (IMA – US) since 2006 as well as a Chartered Business Consultant (CBC – Canada) and member of the Chartered Association of Business Administrators since 2007. He earned an MBA with Degree of Merit from the University of Liverpool-UK in 2013, and the credential of CTP degree (Certified Treasury Professional) and membership in the Association for Financial Professionals (AFP – US) in 2015.

November 18-20, 2018 | Dubai, UAE

LEORON Professional Develop-ment Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing profes-sional education on the National

Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual cours-es for CPE credit. Complaints regarding registered spon-sors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org

LEARNING OUTCOMES

Delegates will gain an increased awareness and working knowledge of:

» Accounting as the language of business » Management versus financial accounting » Key financial statements and their inter-relationship » How to assess the financial health of businesses » Aligning performance to strategy through budgeting » Using costing methods to aid decision-making » Selecting profitable investments » Choosing the right pricing strategy » The treatment of depreciation and goodwill » Effective control of inventory

Delivery Type Group Live

Prerequisites None

Level Advanced Training

This Program is worth 21 NASBA CPE credits

PROGRAMTIMINGS

Registration will begin at 08.00 on Day One. The program will commence at 08.30 each day and continue until 16.30. There will be two refreshment breaks and lunch at ap-propriate intervals.

5 KEY TAKE AWAYS

1 Have the knowledge of main aspects of finance

2 Have a background of the financial statements

3 Have the knowledge about budgeting process and how to prepare it

4 Have the knowledge on cost classification

5 Have the knowledge how to evaluate the in-vestment decisions

» Non-finance staff in departments such HR, Supply chain, IT, Sales, Marketing, Operations…

» Managers of non-finance functions such as, HR, Supply chain, IT, Sales, Marketing, Operations…

» Senior Directors of Non-finance divisions

WHO SHOULDATTEND?

IN-HOUSE If interested to run this course in-house please contact Goran Gakidev at +971 4 447 5711 or e-mail: goran.gakidev@leoron.com

DISTANCE LEARNING PROG. If interested to run this course with our distance learning program please contact Agron Kurtishi at +971 4 447 5711 or e-mail: agron.kurtishi@leoron.com

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COURSE OVERVIEWFinance for Non-Financial Managers Program helps managers improve communication with finance execu-tives in their company, better understand the impact of financial decisions on the firm’s profitability and enhanc-es their ability to use financial analysis in decision-mak-ing. The program is aimed at helping the non-financial managers to understand and develop financial skills even though they are out of their primary area of expertise. Also, the program adds the financial dimension to the decision-making process thus enabling better business planning or performance benchmarking. Definitely a must for any middle and senior manager role!

Day 1 FINANCIAL STATEMENTS AND FINANCIAL STATEMENT ANALYSISThe Balance Sheet and its Components

» Defining the Balance Sheet » Assets » Liabilities » Equity » Current versus Non-Current Assets and Liabilities » The Balance Sheet Illustrated

Income Statements » Defining the Income Statement » Defining Revenue and its Recognition » Defining Expenditures and their Classifications » Calculating Profit » Gross Profit » Operating Profit » Net Profit » The Income Statement Illustrated

Cash Flow Statement » Defining the Statement of Cash Flows » Cash and Cash Equivalents » Classification of Cash Flows

- Operating Activities - Investing Activities - Financing Activities

» The Cash Flow Statement IllustratedNet Equity

» What is Capital Stock? » Dividends are not an Expense! » Cash Dividends, Stock Dividends and Stock Split » Definition of Treasury Stock » Retained Earnings: Not the Same as Cash

Financial Statement Analysis » Over view of the ratio analysis. » Definition and calculation of financial ratios. » Common size financial statements. » Internal liquidity ratios. » Operating performance ratios. » Solvency ratios » Profitability ratios » Market ratios » Interpretation of financial ratios to provide basis of decision making for top management. » Limitations of financial ratios analysis » Case Study

Day 2 SESSION 1: The Budgeting Process

» Definition of Budget » Functions and Roles of Budgeting » Budget Manual » Participative Budgeting and Management by Objec-tives MBO » Standard Costing; types, development » Budget Preparation Methods; project budget, ABC Budget, ZBB, Incremental Budget, Continuous budget » Budget Types; Static and Flexible Budgets

SESSION 2: Selecting profitable investments » Defining the PV & FV. » Determining the capital budgeting evaluation tech-niques, advantages of each and its drawbacks:1. Payback period2. Bailout payback3. Discounted payback period4. Net present value.5. Internal rate of return6. Profitability index

SESSION 3: Pricing strategies » Pricing’s part in the marketing mix » Cost plus or mark up » Price taking » Penetration » Skimming » Bundling and segmentation

Day 3 SESSION 1: The treatment of depreciation and goodwill

» What is depreciation? » How to account for depreciation? » What are the acceptable depreciation methods? » Straight line versus reducing balance » Goodwill and valuation of the firm

SESSION 2: Cost Volume Profit Analysis CVP » Definition of Cost, Losses and Expense » Cost Volume Profit (CVP) Model » Determination of BEP for Single products and more than one products » Variable, Fixed and Mixed Cost Analysis (relationship between cost and activity levels) » Direct and Indirect cost (relationship between cost and cost object)

SESSION 3: Marginal Analysis and Decision-Making Analysis » Variable versus fixed costs » Direct versus Indirect Cost » Special Order decision » Make or Buy decision » Sell or Process further decision » Disinvestment decision

SESSION 4: Effective control of inventory » FIFO, Specific Identification and AVCO » Which method to use and when » Cycle Count of Inventory

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November 18-20, 2018 | Dubai, UAE

TERMS & CONDITIONS

1. Payment Terms for LEORON Professional Development Institute (hereafter LEORON PDI)a. 100% payment of the amount in maximum 15 days upon the receipt of the invoice. b. The payment shall be conducted either in cash, credit/debit card, cheque or bank transfer. c. The stated amount is exclusive of Withholding Tax and other duties, taxes and transfer related charges which if

applicable are payable by the client in addition to the stated amount.2. Cancelation and Postponement Policy

a. All cancelations and postponements shall be done in written form.b. In case of client cancelation:

i. No cancelation fee if the cancelation takes place not less than 14 days prior to the beginning of the course,ii. 50% cancelation fee if the cancelation takes place between 7 days and 14 days prior to the beginning of the course,iii. 100% cancelation fee if the cancelation takes place less than 7 days prior to the beginning of the course,

c. In case of client postponement, i. LEORON PDI issues a credit note which states that the paid amount can be used for participation in any of the

company’s courses which are scheduled in a period of 12 months from the date of the credit note.ii. A 25% postponement fee if the postponement takes place less than 10 days prior to the beginning of the course

d. In case of LEORON PDI cancelation:i. A 100% refund shall be applicable if LEORON PDI decides to cancel the event - the client has an option to receive

a credit note which can be used for any course for a period of 12 months.ii. In case of LEORON PDI postponement - the client may choose to participate on the same course at the later date or

to be issued a credit note which states that the paid amount can be used for participation of any of the company’s courses which are scheduled in a period of 12 months from the date of the credit note.

3. Selection of Trainer and LocationSelection of the trainer and training location shall be at the discretion of LEORON PDI. Every effort shall be made to maintain continuity, but, if necessary, LEORON PDI can change the trainer and training location any time prior to commencement of the course.

4. Intellectual PropertyThe copyright, intellectual property and design rights of the learning materials are property of LEORON PDI and its expert trainers. It cannot be copied, shared or reproduced without prior written consent of LEORON PDI.

5. Health and SafetyThe clients must conform to and comply with the Health and Safety Policy and Procedures as laid down by LEORON PDI or its partner organizations when the course is delivered in leased premises. Breaches of these policies and procedures may result with the client being suspended or excluded from the course and premises.

6. Complaints and Refunds Procedurea. LEORON PDI shall deem relevant the following types of complaints:

i. If the contents of a course or the training materials are incorrect or inappropriate.ii. If the duration of the course is significantly different to that invoiced.iii. If the conduct or actions by the LEORON PDI trainer are inappropriate or offensive.iv. If the training delivery is not on a satisfactory level

b. Enquiries and complaints shall be made in written form and have to contain sufficient detail to allow LEORON PDI to compile an official written response.

c. All official enquiries and complaints shall be submitted electronically to Val Jusufi, Managing Director of LEORON PDI, at val@leoron.com

d. LEORON PDI shall officially respond to the complaint no later than 7 days from the date of its reception.7. Force Majeure

LEORON PDI shall not be liable to the clients or be deemed to be in breach of any agreement it has concluded with them for any delay in performing or failure to perform any of the LEORON PDI’s obligations in respect of the services if the delay or failure was due to any cause such as war, warlike activities, fire, storm, explosion, national emergency, labor dispute, strike, lock-out, civil disturbance, actual or threatened violence by any terrorist group, newly enacted law or regulation or any other cause not within the control of LEORON PDI.

8. Governing LawThis contract shall be governed by and construed in accordance with the Laws and Regulations of the DMC-CA Authority in Dubai, UAE.

I have read and agreed to the following terms and conditions!

COURSE DETAILSFINANCE FOR NON FINANCE

Date: November 18-20, 2018 Location: Dubai, UAE

Signature:

leoron.comREGISTRATION FORM

*Note: If your PDF reader is not able to submit this registration form, please save a local copy, attach it, and send it via Email to: register@leoron.com

Pay by CREDIT CARD

Pay by INVOICE

4 EASY WAYS TO REGISTER

T: +971 4 447 5711

F: +971 4 447 5710

E: register@leoron.com

W: www.leoron.com

COURSE FEE: US$ 2790SAVINGS & DISCOUNTS

GET US$ 400 DISCOUNT if you register 2 months before the course

GET US$ 200 DISCOUNTif you register 1 months before the course

GROUP DISCOUNTS*

3-4 Delegates 20%

5 Delegates 25%

*please note that all group discounts are given on the original course fee** all prices are VAT-exclusive.

FINANCE (ACCOUNTS) PAYABLE DETAILS

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