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Finance and Accounting for non-

financial managers

Facilitated by Dr. Stelios N. Markoulis

Dates: 6 and 13 April 2020

Time: 08:30 – 17:00

Location: CIIM Limassol, 3-5 Chaidariou Str., 3020 Limassol

Language of Instruction: English

EXECUTIVE EDUCATION CENTRE

Creating value for people and organisations through

learning and continuous professional

development.

CYPRUS INTERNATIONAL INSTITUTE OF MANAGEMENT Nicosia Campus: 21 Akademias Ave., 2107 Aglandjia. Limassol Campus: 3-5 Chaidariou Str., 3020 Limassol.

International Number: +357 22 46 22 46 T: 77 77 24 46, F: 22 33 11 21, Website: www.ciim.ac.cy

Finance and Accounting for

non-financial Managers

Programme Overview

The course will provide participants with

the ability to interpret the key information

contained in the annual financial

statements.

By understanding financial statements,

participants will be in a better position to

identify the financial strengths and

weaknesses within their own organization

and with other companies in which they

may have an interest. Furthermore,

participants will be introduced to the

main principles of financial planning.

Designed for

Managers from all departments,

except from Accounting and

Finance.

Key Learning Outcomes

Understand the principles involved in

preparing financial statements

Understand the budgeting and

reporting process

Appreciate the limitations of financial

statements

Master practical tools of financial

analysis

Programme Focus

The role of accounting and finance in

the management process

Communicating financial

performance

Assets, liabilities and equity

Financial statements

Measuring and reporting profitability

Current vs. capital expenses

Cash Flow Statements

Steps of the Financial Planning Process

Budgeting

Break-Even Analysis and Cost-

Optimization

Variance Analysis and KPIs

Practical examples, cases and

illustrations from local and

international companies

Benefits for you Learn the terminology of accounting

& finance

Interpret and utilize the information

contained in financial statements

Identify ways of increasing cash-flows

Benefits for your organisation Applying financial tools and concepts

in the real world

Evaluating the company’s health

through its annual report

Comparing public and private sector

practices

Recognizing potential traps in

creative accounting

CYPRUS INTERNATIONAL INSTITUTE OF MANAGEMENT Nicosia Campus: 21 Akademias Ave., 2107 Aglandjia. Limassol Campus: 3-5 Chaidariou Str., 3020 Limassol.

International Number: +357 22 46 22 46 T: 77 77 24 46, F: 22 33 11 21, Website: www.ciim.ac.cy

Trainer

Dr. Stelios N. Markoulis

studied finance at Cass

Business School (BSc, MSc,

PhD) and London School

of Economics (MSc). He

currently teaches in the

area of finance – as a

member of the visiting faculty - at the Cyprus

International Institute of Management and

Cyprus Open University. In the past he worked

for several years in the investment banking

industry, obtaining valuable experience in the

areas of raising public and private capital

from the equity and bond markets, mergers

and acquisitions, private equity, and

company valuation, among others. His main

research interests focus on empirical finance

issues, such as the probability of bank default,

capital raising through initial public offerings,

the micro - and macro - economic

determinants of stock returns, and the effect

of exogenous shocks, such as terror attacks,

on capital and foreign exchange markets. He

is a member of the Editorial Board of several

international journals and his work has been

published in a number of refereed

international journals and books and

presented in international finance

conferences. He is also an Honorary Visiting

Research Fellow at Cass Business School,

London.

Programme Fees

Gross Fee: €510,00

HRDA Subsidy**: €238,00

Net fee (after subsidy): €272,00

*No VAT is charged due to CIIM’s non-profit

status.

Fees include tuition, educational materials,

lunch, coffee breaks and refreshments.

HRDA Criteria

**To be eligible to apply for the HRDA subsidy

you need to meet the following criteria:

You are working as employee on a full

time basis under a company that is

registered in the Registrar of Companies in

Cyprus

Both yourself and your company submit

the relevant contributions to the Social

Insurance and Industrial Training Scheme

Your participation is invoiced to and paid

by the company

You meet the participant profile of the

programme

Your company submits the respective

HRDA application to CIIM.

Special Discounts % 10% Discount - Early booking discount for registrations submitted 2 months prior to commencement of the programme. - For 2 registered employees attending from the same organisation. 15% Discount

- For CIIM students and Alumni after the subsidy or 25% discount on programmes which are not subsidized by the HRDA. Terms and Conditions apply. - For 3 or more registered employees attending from the same organisation. - For unemployed individuals on the fee before the subsidy and can remit their payment in instalments. Additionally, they will have the opportunity to liaise with CIIMs’ Careers Consultant and register their details in the Executive Recruitment Database. Terms and Conditions apply.

Contact Us For more information on our open

programmes or on our customised

learning solutions, please contact:

T: 77 77 24 46,

Email: execadmin@ciim.ac.cy

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CIIM EXECUTIVE EDUCATION CENTRE

CIIM Executive Education Centre provides a dynamic learning and scientifically

inspired environment in which learners receive a transformational learning

experience.

Our training sessions are meticulously planned by our trainer and are designed in a

manner geared toward the maximization of efficiency. Your time is valuable, and so

is ours, so our goal is to best prepare you while taking up the least amount of your

time possible.

Our aim is always positively affecting performance through learning and

development.

ACCRETIDATIONS

CIIM Executive Education Centre ranked

4th in the world for Continuous

Professional Development in 2019