Finance for Non- Finance Managers

Financial For Non Finance Managers

One of the biggest obstacles that hinder the growth of managers today is their inability to judge the financial strength of their strategic inputs. This handicap results from a lack of financial background. The ability to assimilate financial data is an invaluable asset in your career. It helps you identify and analyze business opportunities, assess financial risks and most importantly, evaluate your own ideas through a financial lens.

Course Objective

1. Explain the importance of finance and interpretation of financial information
2. Apply the concepts of accounting and finance to analyze financials
3. Learn about key accounting and finance terms
4. Examine financial statements by using key ratios
5. Explain the importance of budgeting process
6. Learn about key components needed to improve profitability
7. How to make better quality forward-looking financial decisions
8. The practice of discounted cash flow and importance of properly controlled capital investment

Organizational Benefits:

• A more effective knowledge base and understanding of the financial implications that impact decisions made and how they are measured
• More informed financial discussions that impact business decisions
• Improved organizational performance through better ability to recognize key areas of financial concern and have individuals able to recommend ideas for improving performance and productivity

Personal Benefits:

o Understand the fundamental principles of score keeping and accounting
o Appreciate the business economics that drive all organizations, and analyze business performance
o Improve regular financial management information needed to manage a business effectively
o Appreciate the role of financial management and future-looking financial decision-making

Training Details:

Class: 2 Days per Week Total Duration: Total 9 hrs.