An Interactive 5-Day Training Course
Fundamentals of Finance and Accounting
Key Concepts, Processes and Practices
Course Overview
This leading edge Fundamentals of Finance and Accounting training course will meet the needs of the increasing number of delegates who find they need a working knowledge of finance and accounting to effectively participate in the management process. This training course not only provides those new to the world of finance with a sound foundation in the language of business but will also serve as an invaluable refresher and update for others that may have studied finance and accounting as part of their previous training.
Recent years have not only brought far-reaching transformation to financial accounting and corporate reporting but the volatility and pace of change in business competition means that it has never been more critical for those that wish to actively engage in the effective management of their organisations to understand and communicate in financial terms.
This Saudi GLOMACS Fundamentals of Finance and Accounting training course will highlight:
- The foundation and principles of modern finance and accounting
- Understanding and interpreting financial statements
- How to analyse corporate reports for deeper financial insights
- Effective financial forecasting methods
- Principles of financial investment decision-making
- Planning and budgeting techniques
Training Outline
DAY 1: Foundation Principles
- Identifying and Meeting Stakeholder Needs
- The Function of Finance and Accounting in Modern Business
- Fundamentals of Financial Accounting
- Understanding the 5 Elements of Financial Statements
- The Purpose, Structure and Format of Financial Statements
- Breaking the Rules - Creative Accounting and Fraud
DAY 2: Analysing and Interpreting Financial Statements
- The Financial Analyst’s Toolkit
- Measuring and Managing - Return On Investment
- Measuring and Managing - Asset Management Efficiency
- Measuring and Managing - Capital Structure and Risk
- Financial Analysis from an Investor’s Perspective
- Cash Flow Analysis and Improvement
DAY 3: Introduction to Financial Forecasting Techniques
- Understanding Cost Behaviour and the Drivers of Profit
- Forecasting Sales Revenue and Profit
- Identifying the Drivers of Business Cash Flow
- Forecasting Business Cash Flow
- The Causes and Indicators of Business Failure
- Forecasting Business Distress and Failure
DAY 4: Business Funding and Investment Decision-making
- Financial Strategy – Purpose and Elements
- Sources and Cost of Business Finance
- Understanding and Achieving an Optimum Capital Structure
- Principles of Capital Budgeting
- Understanding and Using Discounted Cash Flow (DCF) Analysis
- A Cash Flow Based Approach to Capital Investment Decision-making
DAY 5: Principles of Financial Planning and Budgeting
- The Role of Business Planning and Budgeting
- Common Approaches to Budgeting
- Behavioural Aspects of Budgeting
- Criticisms and Shortcomings in Budgeting Systems
- Replacing Budgets with Rolling Forecasts
- Developing Key Driver Financial Statement Forecasts
Certificates
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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