Finance for Non-Finance Managers

Course details

An understanding of finance is a crucial skill required by many managers. Financial data has to be analysed in order to make calculated business decisions. A basic understanding of finance will also enable one to assess the profitability and financial position of an organisation or department.

This programme is aimed at helping managers with little or no knowledge of finance grasp the basics. It is also simplified to enable participants to learn and remember fundamental financial concepts well

Key Benefits

• Learn how to make sense of financial statements
• Learn how to prepare and present an Annual Report
• Understand the difference between financial and management accounting
• Gain knowledge of credit management
• Learn cost accounting and budgeting techniques
• Learn how to make decisions based on financial data
• Learn how to evaluate a capital project

Course Content

• Introduction to Financial Statements
• Analysis and interpretation of financial statements
• Financial and Management Accounting
• Credit management
• Cost accounting
• Budgeting techniques
• Decision making
• Capital project evaluation

Learning Methodology

Participants will be able to work on case studies based on real-life situations to enable them to apply what they have learnt

Who Should Attend

Managers who need to apply financial concepts in their area of work or Finance Managers who need to refresh their financial knowledge.