Introduction

    The importance of training courses is not only limited to professional life, as most of us think but training courses aim to transfer knowledge and practical experiences that enrich the skills of individuals and enhance their self-confidence, which contributes to the preparation of cadres which in turn contributes to the development and progress of institutions. Therefore, Strategic Vision Training Center aims to enhance the skills and experiences of individuals through the strongest training programs to keep pace with every development in the labor market.

Objective

• Introducing participants to the concept of debt default, the causes and phenomena of its occurrence, and indicators of credit risk analysis.
• Providing participants with steps to solve debt default problems, and to compare several strategies to solve the problem
• Providing participants with preventive steps to prevent debt default and early warning of credit risks.
• Introducing participants to the concept and tools of accounting for past and future cash flows.
• Providing participants with skills in preparing cash flow lists and balancing cash flows, and analyzing their results in light of recent indicators, and aspects of benefit in making credit decisions.
• Develop participants' practical skills in credit risk analysis, bad debt settlement, and cash flow accounting.

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Who should attend?

• Internal auditors.
• Members of the Financial Affairs Department.
• Credit analysts in companies and banks.
• Board members
   

Course content:

Unit One: What are bad debts and the phenomena and signs of default what are bad debts?

• The concept of debt and its types:
• The concept of stumbling:
• The causes of bad debts:
• Symptoms and signs of stumbling:

Unit Two: Measuring the risk of default and the stages and factors for choosing the appropriate default strategy

Measuring the risk of default (credit):

• * Indicators to measure the risk of default.
• * Indicators sourced from the client.
• * Indicators sourced from the credit granting facility
• * Indicators sourced from the third party.
• * Credit score measurement systems on an accounting basis.
• • A measure of credit risk for off-balance sheet items.

Stages of solving and dealing with the problem of bad debt:

• • The stage of diagnosis and knowledge of weaknesses and causes of stumbling.
• • The stage of determining the appropriate treatment method.
• • Follow-up phase.
• • The stage of prevention.

Unit Three: Strategies for treating defaulting problems and following up and evaluating debts

1. The traditional model

2. The Altman model, the Comport model

3. Using mathematical and statistical methods to study financial manipulation and fraud in financial statements

Unit Four: Accounting for cash flows through the cash flow statement cash flow statement:

• The concept of cash flows and the difference between them and financial flows.
• Why the cash flow statement? The difference between it and the list of funds flow.
• Introduction to International Accounting Standard No. (7) Statements of Cash Flows.
• Types of cash flows:
• Methods of preparing the cash flow statement: the direct method - the indirect method

Unit Five: Managing Cash Flows through Cash Budget Balancing cash flows:

• The concept and importance of preparing a cash flow budget.
• Components of balancing cash flow.
• Methods of preparing the cash flow budget.
• The relationship between the cash flow budget and the various project budgets.
• A complete process case for preparing cash flow budgets and managing liquidity.
• Benefiting from balancing cash flows in taking many