Finance for Non-Finance Manager
Master Business Acumen. Speak the Language of Business: Understand Finance for Strategic Decisions.
Description
Finance for Non-Finance Managers
This 2-day program demystifies accounting and finance for non-finance managers, equipping them with the essential knowledge to interpret financial statements, make informed business decisions, and enhance their overall business acumen.
Program Highlights:
- Financial Fundamentals:
- Understand basic accounting principles and their application in business.
- Learn the five elements of accounts and the accounting equation.
- Financial Statement Analysis:
- Interpret Balance Sheets, Profit and Loss Statements, and Cash Flow Statements.
- Learn to tell a business story from financial numbers.
- Practical Application:
- Record and analyze typical business transactions.
- Apply ratio analysis to determine the financial health of a business.
- Financial Management & Planning:
- Understand the differences between accounting and finance.
- Learn about financing methods, time value of money, and budgeting as a planning tool.
- Real-World Learning:
- Engage in interactive lectures, case studies, and practical exercises.
Key Benefits:
- Acquire a sound understanding of accounting and financial principles.
- Determine the financial impacts of business transactions.
- Read, interpret, and analyze financial statements.
- Apply financial information to make effective business decisions.
- Improve accounting and financial skills for enhanced business acumen.
Programme Objective
On successful completion of this workshop, the participants are expected to be able to:
- Acquire a sound understanding of accounting and financial principles and their applications in the business.
- Determine the financial impacts of typical business transactions
- Recognize and classify business transactions into the appropriate accounting elements
- Learn how to read, interpret, and analyze financial statements and tell a business story from them
- Make use and apply financial information to better manage the business and make effective financial decisions.
- Improve accounting and financial skills as the key building block to harness business acumen.
Who Should Enroll?
- Department Heads & Team Leaders
- Entrepreneurs & Business Owners
- Project Managers & Operations Executives
- HR, Sales, or Marketing Professionals
- IT Specialists, and Technical Experts
- Anyone who reviews budgets or reports
Course Outline
Download the program details here.
Register Now
Register your interest here.