Finance for Non Financials Managers

Finance for Non Financials Managers

OBJECTIVES:

The purpose of the course is to provide participants with a sound knowledge of the basics of finance, thereby enabling them to:

1. A thorough grounding in basic finance at a level that all managers can understand.
2. Practical experience of using financial data.
3. Tools to help you use what you’ve learnt when you’re back in the workplace.
4. Appreciate the role and limitations of finance
5. Analyze their company’s performance
6. Control their own department more effectively
7. Enhance their decision making
8. Spot and manage their financial risks
9. Communicate more effectively with their finance departments

Course Otuline:

The course will address many areas of finance and accounting including:

• Introducing finance and accounting
• Understanding the basics of financial statements
• Uncovering the secrets of a balance sheet
• Simplifying the income statement
• Using ratios
• Evaluating the results
• Managing cash flow
• Budgeting
• Appraising investment proposals
• Introducing costing
• Costing for decision making
• Integrating accounting and finance

WHO SHOULD ATTEND?

• Executives, Managers and line supervisors who receive management reports but are from a non-financial background.
• Recent appointees to management positions
• Accounts staffs, who prepare inputs to management information systems.