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
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Financial Fundamentals:
- Understand basic accounting principles and their application in business.
- Learn the five elements of accounts and the accounting equation.
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Financial Statement Analysis:
- Interpret Balance Sheets, Profit and Loss Statements, and Cash Flow Statements.
- Learn to tell a business story from financial numbers.
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Practical Application:
- Record and analyze typical business transactions.
- Apply ratio analysis to determine the financial health of a business.
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Financial Management & Planning:
- Understand the differences between accounting and finance.
- Learn about financing methods, time value of money, and budgeting as a planning tool.
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Real-World Learning:
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Engage in interactive lectures, case studies, and practical exercises.
Key Benefits
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Acquire a sound understanding of accounting and financial principles.
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Determine the financial impacts of business transactions.
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Read, interpret, and analyze financial statements.
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Apply financial information to make effective business decisions.
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Improve accounting and financial skills for enhanced business acumen.
Who Should Attend
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Department Heads & Team Leaders
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Entrepreneurs & Business Owners
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Project Managers & Operations Executives
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HR, Sales, or Marketing Professionals
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IT Specialists, and Technical Experts
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Anyone who reviews budgets or reports
By the end of this workshop, the participants are expected to be able to
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Acquire a sound understanding of accounting and financial principles and their applications in the business.
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Determine the financial impacts of typical business transactions
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Recognize and classify business transactions into the appropriate accounting elements
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Learn how to read, interpret, and analyze financial statements and tell a business story from them
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Make use and apply financial information to better manage the business and make effective financial decisions.
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Improve accounting and financial skills as the key building block to harness business acumen.