Finance For Director’s Course

Introduction

The course is designed for new and aspiring directors, senior executives, and managers wanting to build their knowledge and understanding of their responsibilities and their organization’s financial performance.

New or aspiring directors unsure about the financial aspects of their role.

Senior executives reporting directly to a board who wish to improve their ability to monitor and analyze company performance.

Directors of smaller companies, especially private and not-for-profit companies and community organizations.

Duration

5 Days

Who should Attend

• Directors & Board Members
• Audit Committee members
• Company secretaries and governance professionals
• Corporate counsel

Objective of the course

Safeguard and maximise the financial performance of your organisation by acquiring the skills to more readily interpret and assess the three main types of financial statements – balance sheet, income statement (profit and loss) and cash flow statement and identify financial risks and opportunities.

Upon completion of this course, you will be able to:

• Interpret the financial statements of an organisation.
• Illustrate how an organisation is meeting its statutory obligations in relation to reporting its financial performance.
• Demonstrate the importance of good cash management.
• Outline directors’ duties with regard to financial statements and systems.
• Interpret financial performance using trends and ratios.
• Demonstrate when an organization is facing solvency issues.
• Outline the board’s role in setting budgets and monitoring performance against them.
• Outline the use of KPIs in monitoring business performance.

Course Outline

• Introduction to Financial Statements for Directors

• The balance sheet
• Income (profit and loss) statement
• The cash flow statement

• Discover how directors use Financial statements to monitor financial performance
•  The financial aspects of directors’ statutory duties.
• Non-financial indicators of company performance.
• Ratio Analysis 
• Capital Management
• Profit Strategies

General Notes

·         All our courses can be Tailor-made to participants needs

·         The participant must be conversant with English

·          Presentations are well guided, practical exercises, web-based tutorials, and group work. Our facilitators are experts with more than 10years of experience

·          Upon completion of training, the participant will be issued with a Global King Project Management certificate

·         Training will be done at the Global King Project Management Centers (Nairobi Kenya, Mombasa Kenya, Kigali Rwanda, Dubai ,Lagos  Nigeria and More others).

·         A discount of 20% will be given to more than 4 participants from same organization.

·         Course duration is flexible and the contents can be modified to fit any number of days.      

·         Payment should be done before commencement of the training, to the Global King Project Management account, so as to enable us to prepare better for you.

·         For any inquiry to:  [email protected] or +254 114 830 889

·         Website: www.globalkingprojectmanagement.org

·         Tablet and Laptops are provided to participants on request as an add-on cost to the training fee

·          The course fee for onsite training includes facilitation training materials, 2 coffee breaks, a buffet lunch, and a Certificate of successful completion of Training. Participants will be responsible for their own travel expenses and arrangements, airport transfers, visa application dinners, health/accident insurance, and other personal expenses.