Finance For Non-Finance Managers

This practical programme enables delegates to improve their understanding of the financial implications of business decisions that they take.

4 Days

Key features

  • Relevant to the economic context of the business environment.
  • Based on Industry trends and needs
  • Benchmarked against sound business & accounting principles
  • Flexible Programme Delivery options
  •  Easily accessible support
  • Builds a sustainable advantage

About

It provides a better understanding of ones contribution to strategic decisions with regard to financial ramifications and budgeting and enables one to better manage budgets, inventory and the time value of money. Decision making skills are enhanced by integrating financial management into planning and implementation.

Outcomes

Upon successful completion of the programme, the student should be able to:

  • Effectively plan, in-line with financial implications
  • Undertake budget planning and management
  • Understand budget processes
  • Understand working capital management and capital budgeting
  • Understand the concepts of Growth, Profitability, Cash Flow, Costing concepts, Cash flow projections and forecasting
  • Understand and interpret basic financial statements: basic analysis and interpretation

Topics Covered

The course runs over four days

  • Understanding of basic accounting terminology
  • Planning and management of budgets:
  • Preparing a budget and budget processes
  • Cash flow, projections and forecasting, Cost escalation factors
  • Understanding financial statements: basic analysis and interpretation
  • Costing: Marginal costing, Absorption costing, Cost allocations
  • Break-even analysis and ratio analysis
  • Working capital management and capital budgeting

Are you ready to take the next step?

Improve and develop your knowledge and competencies.

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