Training on Finance and Financial Statements for Non-Finance Managers

Our lead trainer is a certified Advanced Financial Modeler (AFM), a chartered stockbroker (ACS, Nigeria and ACISI, UK) who has built financial models, investment portfolio risk models, stocks analysis models, automated financial reporting templates, loan schedules, FX tracker, market indices tracker and many other financial projects for corporate clients within and outside Nigeria. He is not going to share book knowledge with you but real world expertise and templates you can readily use. He is also one of the few Africans that have been vetted and accepted as a Financial Modelling and Valuation expert on TopTal whose client base span fortune 500 companies and other big companies across Europe, Americas, Australia and Asia.

He is the sole developer of the only Nigerian financial markets analysis tool on Microsoft office store, developer of Nigerian stocks analysis dashboard and the brain behind the Nigeria Market Data platform. He has also published an Amazon bestseller on Microsoft Excel: Microsoft Excel and Business Data Analysis for The Busy Professional and another bestseller on Power BI Power BI for the Busy Professional book. He is the type of hands-on expert you would want to be trained by.

This training is aimed at making you proficient in basic financial accounting, understanding financial statements, interpreting financial statements, examining financial plans, understanding investment analysis concepts and cover all pre-requisites for pursuing a rigorous financial modelling certification training.

Our trainings have had participants from Guinness Nigeria, Nigerian Breweries, Schlumberger, Chevron, Society for Family Health, Periscope, Brains and Hammers, GfK, Palladium Group, First Bank, Citi Bank, Dalberg, PMI, EatNGO, NLNG, GSK, Promasidor, SaveTheChildren, Mobil, FMDQ, NSE, Biofem Pharmaceuticals, Total, Vodacom, Nestle, Nigerian Breweries, Delta Afrik, LATC Marine, Broll, Habanera (JTI), SABMiller, IBM, Airtel, Diamond Bank, ECOWAS, Ministry of Finance, Transmission Company of Nigeria, Nokia Siemens Networks and DDB.

Try to pay early to secure your spot and send us your name as you would like it to appear on your certificate.

Payment Details

• Account Name: URBIZEDGE LIMITED
• Bank: FCMB
• Account No: 2888666014

The training outline is:

Introduction to Accounting and Finance

• Accounting Equation: Assets = Liabilities + Equity
• Debits and Credits
• Assets – its true corporate meaning ( + = debit, – = credit)
  • Depreciable fixed tangible assets
  • Intangible assets and goodwill
  • Financial assets
  • Deferred tax assets
  • Prepayments
  • Inventory
  • Receivables
  • Cash
• Liabilities – getting it right, corporate finance wise ( – = debit, + = credit)
  • Loans
  • Provisions
  • Employee benefit obligations
  • Payables
  • Tax liabilities
  • Other liabilities
• Equity
  • Share capital
  • Share premium
  • Retained Earnings, cumulative Net Profit (Revenue – Expenses, cumm)
    • Revenue ( – = debit, + = credit)
    • Expenses ( + = debit, – = credit)
  • Reserves ( – = debit, + = credit)

Understanding Internal Financial Reports

• Chart of Accounts (what to debit and what to credit)
  • Assets
  • Liabilities
  • Shareholder’s equity
  • Revenues
  • Expenses
  • Gains
  • Losses
• General Ledger (GL)
• Cost Centres
• Accrual based accounting
  • Depreciation
  • Amortization
  • Interest Expense
  • Prepayments
  • Prepaid/Unearned/Deferred Revenue
  • Tax Computation – accounting tax vs government tax
• Trial Balance – adjusted/accrual based

Understanding Financial Statements

• Income Statement (Statement of Profit or Loss)
  • Functional and practical interpretation
  • Income Statement ratios for company financial health analysis
• Balance Sheet (Statement of Financial Position)
  • Functional and practical interpretation
  • Balance Sheet ratios for company financial health analysis
  • Company Efficiency
  • Working Capital Management
• Cashflow Statement (Statement of Cashflow)
  • Functional and practical interpretation
  • Cashflow Management
  • Free Cashflow
• Investment Decisions
• Financial Planning