Finance for Non-Finance Professionals

Course Objectives:

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

1. Understand Financial Fundamentals: Gain a solid understanding of financial concepts and principles, enabling you to speak the language of finance and interpret financial data effectively.
2. Create and Analyse Financial Statements: Develop the skills to prepare and interpret financial statements, including balance sheets, income statements, and cash flow statements, to assess the financial health of an organization.
3. Make Informed Financial Decisions: Acquire the ability to use financial data for decision-making, including budgeting, forecasting, and investment evaluation, contributing to the financial success of your organization.

Learning Outcomes:

Upon completing this training, participants will be able to:

1. Record and Identify Financial Transactions: Identify and record financial transactions accurately, demonstrating basic accounting skills.
2. Prepare and analyze Financial Statements: Create balance sheets, income statements, and cash flow statements for an organization and analyze them to assess its financial position and performance.
3. Interpret and Use Financial Ratios: Calculate and interpret key financial ratios such as liquidity, solvency, and profitability ratios to evaluate the financial health of a company.
4. Develop and Evaluate Budgets and Forecasts: Create budgets and forecasts, enabling you to plan and manage financial resources effectively and assess the potential financial implications of business decisions.
5. Make Informed Financial Decisions: Evaluate investment opportunities, apply capital budgeting techniques, and use cost-volume-profit analysis to make well-informed financial decisions within your organization.

Methodology:

• Pre-Assessment
• Presentations
• Case studies
• Quiz
• Post-Assessment

Target Audiences:

• Middle managers
• Operational managers
• Supervisors
• Team leaders
• Senior manager
• Marketing managers
• Other related positions