Financial Management for Non-Finance Manager

Overview

The goal of every business is to be successful, and the primary measure of this success tends to focus on the ‘numbers’; identifying the consequences for the bottom line or the capital value. Whatever our role within the business there is no escape from the need to understand the consequences of our actions for these metrics. Strong financial management is crucial to the success of any organization or program.

Having trained the Finance for Non-financial training program will help them to get a working knowledge of core financial principles and understand how financial decisions impact a company’s financial health. You’ll learn to read and analyze financial statements, use financial controls to meet business objectives, translate performance into financial terms, communicate with financial teams and take the guesswork out of critical decision-making.

Objective

This training program is designed for managers to enhance their fundamental financial skills and understanding of how financial principles impact the business. The program will introduce trainees to core financial concepts and show them how to understand financial documents, manage budgets, analyze financial performance and implement a range of financial controls to meet business objectives. They will develop the right financial skillsets to operate effectively in today’s complex business environments and address the ever-changing business needs of your organization. Therefore, upon the completion of this training program, all the trainees will be able to:

  • Understand the accounting principal and language—including financial key terms
  • Understand a best practice of financial management
  • Get organize of financial management and internal control
  • Prepare budget planning and monitoring
  • Make sense of financial statements
  • Be familiar with direct and indirect cost structures includes controlling cost and value of money
  • Assess the appropriateness of a project cost (relating budgets to activities)
  • Financial reporting and monitoring

Content

  • Module 1: Introduction to Accounting Principles
  • Module 2: The Importance of Financial Statements
  • Module 3: Financial Statement Analysis Tools
  • Module 4: Controlling Costs
  • Module 5: Budget Planning
  • Module 6: Closing Process

Who should Attend?

This course is beneficial for:

  • Directors/ Business Owners
  • Program Managers
  • Project Managers
  • Non-financial Managers
  • Operational Managers

Trainer's Profile

Specialties: Basic Bookkeeping and Business Management Skill, Procurement Management Skill, Accounting Management System, Problem Solving Skill, School Development Planning, Effective School Leadership, Effective Budgeting Skill, Accounting Principles and Financial Management

Fee Charged

  • USD 180 (Registration makes before 03 October 2020)
  • USD 220 (Registration makes before 07 October 2020)
  • USD 250 (Normal Fee)

The course fees are inclusive of course materials, handouts, meals, refreshments, and certificates of completion but do exclude 10% of VAT amount.