Financial Management for Non Financial Professionals

Course Overview

Financial Management for Non Financial Professionals is a comprehensive four-day program designed to equip participants with essential knowledge and skills in finance.
Through interactive learning experiences and practical exercises, participants will gain a deep understanding of financial accounting, analysis, forecasting, budgeting, valuation  and project evaluation. The course aims to enhance participants' financial acumen, enabling them to make informed financial decisions and contribute to organizational success.
By the end of the course, participants will have developed the ability to read financial statements, perform financial analysis, forecast and budget effectively, evaluate investment projects, and determine the value of investments and companies.
 

Key Takeaways

1

Understand financial terminology: Have the ability to read and understand financial statements, and use the correct terminology in their discussions with finance professionals and management.

2

Analyze financial statements: Apply financial analysis techniques to interpret financial statements and evaluate a company's financial performance and health using appropriate key performance indicators (KPIs) with relevant focus on profitability, efficiency, liquidity and solvency.

3

Forecast and budget: Employ forecasting techniques and budgeting processes to predict future financial outcomes, develop budgets, and analyze variances between actual and projected figures.

4

Make better business decisions: Use the knowledge gained from a better understanding of finance and forecasting to improve their decision making with a full knowledge of the impact on various aspects of the business.

5

Determine the value of investments: Assess the feasibility of investment projects using various capital budgeting techniques including net present value (NPV) and internal rate of return (IRR), to improve strategic investment decisions.