<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META content="text/html; charset=unicode" http-equiv=Content-Type> <META name=GENERATOR content="MSHTML 6.00.6000.16546"></HEAD> <BODY> Greetings!<?xml:namespace prefix = "o" ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p> Through this highly successful program, managers with little or no financial training or experience can learn to use the language, tools, and techniques of accounting and finance. <o:p></o:p> Complex principles are presented in practical, understandable terms in a friendly, supportive environment. <o:p></o:p> You will return to your organization with the confidence to analyze financial information and participate fully in making business decisions.<o:p></o:p> <o:p> </o:p> Venue: The Kenya School of Monetary Studies, Nairobi County, Kenya, East Africa<o:p></o:p> Date: 22nd-24th November 2017<o:p></o:p> Course Fee: Ksh.68,200/- or USD 720$ inclusive of 3 days attendance, 5-course meals, seminar kit and taxes<o:p></o:p> Pay Scheme: Package of 3 Delegates get 1 Free Slot<o:p></o:p> <o:p></o:p> How You Will Benefit<o:p></o:p> <UL style="MARGIN-TOP: 0in" type=disc> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l0 level1 lfo1; tab-stops: list .5in">Get a firm grasp of the numbers side of your job <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l0 level1 lfo1; tab-stops: list .5in">Gain greater confidence with a working knowledge of business financials <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l0 level1 lfo1; tab-stops: list .5in">Learn how to "think finance" and translate performance into financial terms <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l0 level1 lfo1; tab-stops: list .5in">Cultivate proactive working relationships with finance professionals and enhance your value to the organization <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l0 level1 lfo1; tab-stops: list .5in">Gain an understanding of the business dynamics of dollars and cents and how to take initiatives that meet your short- and long-term goals <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l0 level1 lfo1; tab-stops: list .5in">Take the guesswork out of your decision making and deliver a better bottom line <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l0 level1 lfo1; tab-stops: list .5in">Expand your professional expertise-and your career opportunities<o:p></o:p></LI></UL> <o:p> </o:p> What You'll Learn<o:p></o:p> <UL style="MARGIN-TOP: 0in" type=disc> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">Key finance terms: assets, liabilities, capital, depreciation, capitalization, current ratio, and others <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">The accounting process: journals and ledgers and how debits and credits work <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">Basic accounting principles <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">Apply accounting conventions and guidelines <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">Develop working rules regarding your corporate financial statements <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">Use the balance sheet to examine assets and liabilities <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">Analyze the income statement to assess revenues and expenses <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">The statement of cash flow: sources and uses of funds <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">Content and format of the annual report <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">Debt vs. equity financing <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">How leverage can increase return to shareholders <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">Keep your plan on target with budgetary controls <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">Use profit-planning tools, break-even analysis, and financial forecasting <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">Cash flow: where cash comes from and how it's applied <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">Elements of cost accounting <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">Analyze payback method, discounted cash flow, present value, and present value index in making profitable capital investment decisions <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">Criteria for examining the performance of divisions and product lines <o:p></o:p></LI> <LI class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-list: l1 level1 lfo2; tab-stops: list .5in">Cost of capital <o:p></o:p></LI></UL> <o:p></o:p> Key Themes covered over the duration of the program include: DAY ONE<o:p></o:p> Financial Literacy<o:p></o:p> • Defining accounting and finance terms<o:p></o:p> • Following the complete accounting cycle, from recording transactions to reporting results<o:p></o:p> • Interpreting the balance sheet, income statement and cash flow statements<o:p></o:p> <o:p></o:p> Analyzing Financial Statements<o:p></o:p> • Reading annual reports<o:p></o:p> • Learning Generally Accepted Accounting Principles (GAAP)<o:p></o:p> • Identifying key limitations of financial reporting<o:p></o:p> <o:p></o:p> Pricing and Costing<o:p></o:p> • Understanding the rationale and pitfalls of cost allocations and cost-plus pricing<o:p></o:p> • Using activity-based costing, activity-based Management and target-costing<o:p></o:p> • Applying the cost-volume-profit model to business decisions<o:p></o:p> • Identifying and managing structural cost drivers and life cycle costs<o:p></o:p> • Evaluating the contracting-out option<o:p></o:p> <o:p></o:p> DAY TWO<o:p></o:p> Strategic Control Systems<o:p></o:p> • Defining and using performance metrics and the balanced scorecard<o:p></o:p> • Applying the principles of open book management<o:p></o:p> • Understanding budget preparation and interpreting results of financial reporting<o:p></o:p> <o:p></o:p> Maximizing Value<o:p></o:p> • Using multi-attribute, accounting and financial models to analyze investment decisions<o:p></o:p> • Understanding risk, inflation and opportunity and weighted average cost of capital<o:p></o:p> • Calculating and interpreting net present value and internal rate of return<o:p></o:p> • Applying sensitivity analysis<o:p></o:p> <o:p></o:p> Day THREE<o:p></o:p> Managing Financial Risk<o:p></o:p> • Grasping the role of finance and finance staff in an organization<o:p></o:p> • Evaluating and managing financial risk<o:p></o:p> • Using the capital asset pricing model and beta to assess cost of equity<o:p></o:p> • Acquiring the fundamentals of financial derivatives such as options, swaps and futures<o:p></o:p> <o:p></o:p> Understanding Key Ratios<o:p></o:p> • Understanding and calculating financial ratios<o:p></o:p> • Learning about financial and operating leverage<o:p></o:p> • Appreciating the role of the auditor<o:p></o:p> <o:p></o:p> Linking Strategy and Finance<o:p></o:p> • Employing strategic evaluation tools<o:p></o:p> • Determining limitations to financial analysis<o:p></o:p> • Connecting financial information to other strategic measures<o:p></o:p> <o:p></o:p> Case Analysis<o:p></o:p> • Financial and strategic evaluation<o:p></o:p> • Discussion of alternatives<o:p></o:p> • Recommendations and presentation<o:p></o:p> <o:p></o:p> A take-away workbook is yours to keep! Like this program, a delegate workbook has been soundly researched by a team of specialized curriculum developers. The information is timely, relevant and designed for long-term results. After the program, it will be a valuable desktop reference to help implement the new skills back at the office.<o:p></o:p> Who Should Attend Nonfinancial managers in every functional area of responsibility in all industries. Please bring a calculator and a copy of your annual report (if available). This program is designed for managers at all levels, including those in technical and non-financial areas seeking to make better business decisions by understanding financial information and its implications. This diversity is one of the program’s strengths: it addresses the needs and builds on the experiences of participants from all types of companies, not-for-profit organizations and government services.<o:p></o:p> Program in Detail The seminar leaders use a mix of lecture sessions, group exercises and class discussions to create an effective environment for learning financial tools and concepts. This seminar is filled with many examples and illustrations to use as reference point afterwards.<o:p></o:p> A check-in desk on the venue will be open from 8:00 a.m. and the seminar will run from 8:30 a.m. to 5:00 p.m. each day. <o:p></o:p> <o:p></o:p> Your Investment will cater for; Presentation, Facilitators fees, A Take Away Workbook, All Training Materials (videos & manuals), Certificate of participation, Sumptuous Meals, Photography & Refreshments. (Transport & Accommodation is self-sponsored. However, upon request, we can assist you in hotel booking & train, air or bus reservations.)<o:p></o:p> <o:p></o:p> Sponsor Background Delight Africa is one of East Africa’s most respected providers of professional seminars with a reputation for high-quality, convenient and practical business-skills training in every industry and sector. <o:p></o:p> As we continue to grow, expand, and change to meet client and market needs, we always remember that every individual customer matters and that collectively, they are our most valuable assets. That’s why our goal is the same today as it was 7 years ago – to provide the best choice in business skills training with maximum convenience to help you – our customer – achieve success! <o:p></o:p> <o:p></o:p> Limited slots are available for this Event.<o:p></o:p> For more information on participation, contact Catherine.<o:p></o:p> <o:p></o:p> Profound Respects,<o:p></o:p> Catherine Wanja,<o:p></o:p> Delight Africa Ltd,<o:p></o:p> Dev Towers - 4th Floor, Suite 4A<o:p></o:p> Biashara Street, CBD Nairobi<o:p></o:p> P.O. Box 12269 - 00100, Nairobi Kenya<o:p></o:p> Land line: +254 722 533 771 Mobile : +254 700 221 221<o:p></o:p> Land line: +254 711 22 88 88 <o:p></o:p> Fax : 020 222 54 39<o:p></o:p> WhatsApp : +254 729 236 920 *‘**Promoting Professionalism in Corporate Training**’*<o:p></o:p> To unsubscribe, please click UNSUBSCRIBE link below<o:p></o:p> <o:p></o:p> In today's business world, where every manager is held accountable for the bottom line, you have to be finance savvy. 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