12-Finance-for-Engineers&Technical-Professionals

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A 2 Day Workshop

MindMerge Training Khobar Corniche • Block C • Floor 1 • Al‐Khobar, Saudi Arabia. Tel. 03 896 1700 | Fax. 03 896 0450 | info@mindmergeinc.com

http://www.mindmergeinc.com


FOREWORD: Engineering & technical fields base the majority of decisions on data. Finance is more that reviewing data reports, it is the evaluation of this data and the decision‐making based on evaluation that creates a fluency in finance. Having a fluency in finance propels the engineers forward in their careers and develops value within their companies. Because of the engineering mind, the language of finance and all the measurements for review and analysis, once grasped, become very familiar to this group and the learning curve is accelerated. Engineering and finance is a unique and highly desirable combination.

Workshop at a Glance

The Finance for Engineers, Project Managers and Other Technical Professionals training course will introduce professionals, in particular engineers, project managers and technical professionals to the tools available to evaluate and manage projects and other capital expenditure.

Key benefits

By attending Finance for Engineers, Project Managers and Other Technical Professionals, you will learn to:

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Understand what drives some of the most common errors in business and how to avoid them Break through the language of finance Understand the basic accounting model and its limitations Analyze and interpret financial statements within the context of industry analysis and macroeconomic fundamentals Identify risk and understand the options available to manage risk Apply management accounting tools to business problems Understand the budget process and forecasting techniques Link financial objectives to strategy Identify key value drivers to help manage the value of a business Understand different valuation techniques and respective benchmarks Understand the essential tools and techniques in presenting a business case

YOUR COURSE LEADER

Your course leader will be a certified safety professional who will deliver as per your expectations. A separate CV will be sent to you for your review and approval.

We can also arrange an interview with the trainer before he conducts the training program!

Contact us now for more details: info@mindmergeinc.com | 00966 3 896 1700


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AGENDA | DAY ONE

Analyzing and Interpreting Financial Accounting Statements While every organization has to subscribe to the Financial Accounting model, it is rarely if ever a good model to make business decisions from. Simply, the information comes too late and it is limited by certain concepts that will be highlighted during this program. However, as this is the model that is so often used to evaluate business performance it will be discussed in detail so that we can understand how to overcome the limitations.

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Understanding the accounting process Applying the fundamental accounting concepts Evaluating the performance of listed companies Tools used to identify ‘value’ Why ‘Cash is King’ Understanding commonly used words and acronyms, e.g. EBITDA, ROCE, CFROI, etc. Learning the limitations of the traditional accounting model and how to overcome them

Exercises:

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Applying Accounting Concepts Analyzing & Interpreting an Annual Report Identifying Cash Flows

Management Accounting While Financial Accounting is compulsory, Management Accounting is not. However, organizations with excellent Management Information Systems have a significant competitive advantage. When an organization is under pressure to lift profits, a reflex reaction is often to slash costs. This will inevitably erode the intangible value of the organization. We need a more creative approach to identify ways of improving performance.    

Understanding what drives a company’s ‘bottom line’ Analyzing it from a customer perspective Customer profitability analysis Putting a measurement system in place to include both financial and non‐financial metrics


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AGENDA | DAY TWO

Risk in the Valuation Model

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Managing risk and building certainty to add value The pros and cons of commonly used derivatives

Strategic Management Accounting

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Linking accounting to strategy How value drivers are identified and what benefits they deliver valuation tools

The most commonly applied valuation tools

Exercises

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Analyzing Break‐even and Contribution Identifying Incremental Cash Flows Applying Activity Based Management Tools

Appraising Investment Decisions

Finally, we will look at the most widely used tools to appraise the investment decision.

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Discounted Cash Flow analysis (DCF)

Net Present Value of an investment (NPV) Forecasting cash flows

Measuring the required rate of return Cost of capital

WACC IRR

Forecasting Techniques, Tips and Pitfalls

Exercises

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Appraising Investments

Estimating the Required rate of return Forecasting Future Cash Flows

Applying Valuation Techniques

WE TAKE GREAT PRIDE IN HELPING COMPANIES BECOME MORE EFFECTIVE & EFFICIENT!


Finance for Engineers & Technical Professionals

Payment Options: Checks made in favor of "Al Rammah International Co." B2B / Wire Transfer Bank Name: Riyad Bank Branch: Riyadh Branch Account Number: 2180447989901 All major credit cards are accepted

TRAINING COST

Maximum participants per batch: 25

Duration: 2 Days (9:00 am – 5:00 pm)

Venue: Catering: Continuous Coffee Breaks & Lunch Included

What’s included?      

Instruction by an expert and a certified trainer Live interactive classes Pre‐ Training Assignment Specialized manual and course materials Personalized certificate of completion Post Training Report

Quality Guarantee

Contact us for further information

All of our courses are subject to evaluation by participants to ensure 100% customer satisfaction and to assist us in continually updating and improving the course content. If any of our courses fails to fulfill your requirements we will happily offer you a complimentary place on another course.

Mind Merge, Inc. Mousa Center, Block C, Floor 1 Khobar Corniche, Saudi Arabia Tel. +966 3 896 1700 Fax. +966 3 896 0450 Email. info@mindmergeinc.com http://www.mindmergeinc.com

Proposal submitted by: Tayyab Qureshi, CM | Director Business Development Cell. +966 55 2545 691 | Tel. +966 3 896 1700 | Fax. +966 3 896 0450 Email. bdm@mindmergeinc.com | http://www.mindmergeinc.com Mind Merge, Inc. • Khobar Corniche • Block C, Floor 1 • Al‐Khobar, Saudi Arabia

© Mind Merge, Inc. 2011. All Rights Reserved.


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