Duration of Class : 4 days
Availability of Weekend and Weekday slots
Certified Instructor
Flexible schedules
Course Overview
The Finance training is designed specifically for non-finance directors and senior managers who are looking to learn and be more involved in the financial aspects of their business or company they work for including keeping up-to-date with the financial health of an organization in the context of its strategic objectives.
Finance for Non–Finance Professionals course will give you an understanding of key financial concepts and terminology, as well as the skills and knowledge required to evaluate business plans with confidence, question financial information and contribute more effectively to decision-making.
The program will cover helping you to understand the management reporting shared and know how to analyze it to build, adapt or implement the organization’s strategy. In addition to that, you will understand common financial statements and, how they relate to each other and are affected by business decisions.
The training will also help you to understand the relationship between financial and corporate strategies, the concept of financial risk, and the importance of risk assessment and management.
Course Breakdown
Understanding the financial concept
- Introduction of international accounting and financial reporting standards (IFRS and IAS)
- Usage of financial information for strategic decision making.
Understanding of financials statement to assess the financial health of organization, to make decision of investment or improvement
- Balance sheet / statement of financial position
- Profit and loss / statement of profit and loss
- Cash flow statement
- Statement of equity
Evaluating performance of your organization
- Measuring & improving efficiency
- Profitability ratios
- Breakeven analysis
- Variance analysis
- Benchmarking against industry standards
- Key performance indicators
- Vertical analysis
- Horizontal analysis
Working capital management importance to manage operational funding requirements
- Debtors’ / account receivable management
- Stock / inventory management
- Creditor management
- Cash management
Investment decision-making and project appraisal methods
- Cost –benefit analysis
- Break-even concepts
- Payback period
- Time value of money, NPV, IRR
Corporate finance decisions for the organization to maximize the shareholder wealth
- Capital structure
- Capital financing
- Investments and capital budgeting
Dividend polices decision
- Dividends and return on capital
Application of financial Information in strategic analysis and decision making
- PEST analysis to analyze the external environment of the organization
- SWOT analysis to analyze internal environment of the organization
- Porter’s five forces to analyses completion in the industry
- BCG matrix to analyze strategic position of the organization
Accredited by
