"Financial Statement Analysis for Executives" workshop

08/Sep/2017 - 09/Sep/2017   

September 8-9, 2017

"Financial Statement Analysis for Executives", workshop

Decision makers are surrounded with concepts and terminology from finance and accounting: cash flow management, net present value, liquidity, taxes, and numerous others. This course provides an applied introduction to the key topics in finance and accounting.

In the process we will also introduce concepts and terminology of financial accounting. As a result, program participants will better understand the basics of financial management and be able to engage in more meaningful discussions with financial professionals.

Program Curriculum

The program will start with an introduction to finance and accounting terminology and concepts: basics of balance sheets, income statements, cash flow statements, and cash flow projections.

You will learn how to interpret the financial statements. You will learn about breakeven analysis, asset valuation, and financial forecasting. The program will close with a discussion of common mistakes made by companies in their financial management. We will also discuss the financial system (including the monetary and fiscal policies, and the taxation) in Kazakhstan and its implications for doing business.

For Whom

  • Professionals in management positions other than finance (general managers, engineers, marketers etc.)
  • Career changers who have recently moved to financial positions but lack a strong finance/accounting background.
  • Executives with a need to refresh their finance/accounting prior knowledge.

Benefits

Upon completion of this course, participants should be able to:

  • Carry out basic project evaluation based on financial criteria.
  • Understand finance professionals and engage in meaningful discussions.
  • Critically review project evaluations prepared by others.
  • Know the impact of monetary and fiscal policy on doing business.
  • Evaluate tax aspects of various business decisions.
  • Understand the basics of “bottom line”: profitability, value creation, and economic viability.
  • Identify characteristics of appropriate Key Performance Indicators (KPIs)

Program schedule

DAY-1

08:30-09:00

Registration

09:00-10:45

Introduction to Finance and Financial Statements

10:45-11:00

Break

11:00-12:50

Net Income and Cash Flow

12:50-13:00

Group Photo

13:00-14:00

Lunch

14:00-15:30

Introduction to Financial Statement Analysis

15:30-15:45

Break

15:45-16:45

Free Cash Flow

16:45-17:30

Valuation

DAY-2

09:00-10:45

Risk and Return plus An Introduction to Income Taxes

10:45-11:00

Break

11:00-13:00

Breakeven Analysis

13:00-14:00

Lunch

14:00-15:30

Common Mistakes of Startup Companies

15:30-15:45

Break

15:45-16:45

Budgeting plus Performance Evaluation

16:45-17:30

Wrap-up & Certificates

Program faculty

Earl Kay Stice is the Ernst & Young Professor of Accounting and Finance at Nazarbayev University in Astana, Kazakhstan. He holds bachelor’s and master’s degrees from Brigham Young University and a Ph.D. from Cornell University.  Dr. Stice has been on the faculty at Rice University, the University of Arizona, Cornell University, the Hong Kong University of Science and Technology (HKUST), and Brigham Young University (where he was the PricewaterhouseCoopers Professor of Accounting).  Dr. Stice has also taught in a variety of executive education and corporate training programs in the United States, Hong Kong, China, Russia, Singapore, Malaysia, France, and South Africa. He is currently on the executive MBA faculty of the China Europe International Business School (CEIBS) in Shanghai, HKUST in Hong Kong, and the Moscow School of Management (SKOLKOVO). In the Kellogg-HKUST EMBA program, which has been ranked #1 in the world (by the Financial Times) five times in the past six years, Dr. Stice has twice been selected by the graduating class as the program’s outstanding faculty member. Dr. Stice is co-author of Intermediate Accounting, 19th edition; Accounting: Concepts and Applications, 11th edition; and Financial Accounting: Reporting and Analysis, 7th Edition. He is also the co-creator (with his brother Jim) of the online Financial and Managerial Accounting courses at MyEducator.com and of a number of accounting and finance online courses at Lynda.com.

Venue: Nazarbayev University Graduate School of Business, 53 Kabanbay Batyr Ave.,  Astana

Date: September 8-9, 2017.

Price: 195 000 tenge

The price includes all course materials.

Contact us:

Arailym Kadyrova
+7 7172 69 45 74
+7 701 214 7776
arailym.kadyrova@nu.edu.kz 

Yerken Turganbayev
+7 7172 70 91 81
+7 777 274 9756

COST : 195000