General Objective:
To introduce participants to the advanced financial management strategy and electronic auditing systems and their working mechanisms.
Detailed Objectives:
At the end of the program, the participant is expected to learn about:
- The nature and importance of financial management.
- Functions of financial management.
- The organizational structure of financial management.
- Financial planning and financial forecasts.
- Analysis of financial ratios.
- Sources of funds and their uses.
- The concept of investment in institutions.
- The concept of financing investment in institutions.
- Types of feasibility studies.
- Definition of self-financing and its components.
- Advantages and disadvantages of financing.
- Advantages and disadvantages of financing with commercial loans.
- Conditions for financial balance.