Finance for Non-Finance Professionals

Course details

Program Objectives:

By the end of the program, participants will be able to:

• Explain the functions of financial management and its role in running businesses.
• Communicate effectively with finance professionals by using common financial language.
• Define the four key financial statements: balance sheet, income, cash flow and changes in owners’ equity as well as key financial terms used in organizations (e.g. profit, margins, leverage, etc.)
• Interpret the financial health and condition of a company, division or responsibility center.
• Apply capital budgeting techniques and cost- volume-profit analysis to enhance decision making.
• Use financial information to manage and evaluate their company or department operations.

Who should attend:

• Managers
• Supervisors and staff from any function including finance who need to improve understanding and use of financial information.

Course Outline: 

• Concept of Financial Management 
• The Key Financial Statements 
• Analysis of Financial Statements 
• Working Capital and the Financing Decision 
• Budgeting Process and Techniques 
• Capital Projects 
• Break-Even Analysis and Decision-Making