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Money is like manure; we have to spread it around. Finance for non-finance professionals will develop understanding of how decisions can affect and improve an organization’s financial performance. It also clarifies financial jargon, explore key ratios, and examine key trends and areas for concern.
OBJECTIVE
To provide clear insights of finance and its procedures to non-finance executives.
Content
- Introducing the finance function,
- Key financial, accounting concepts and terminologies,
- Financial statements,
- Financial analysis, and
- Budgeting.
Learning Outcomes
By the end of the Course period learners should be able to:
- Have a Detailed understanding of financial terminology;
- Appreciate financial principles and concepts;
- Draw the different financial statements (balance sheet, P&L, cash flow), including: what they are, why they are useful, and what they show;
- Analyse the interactions between the financial statements;
- Contrast between the difference between profit and cash;
- Calculate working capital and its importance to a business.
- Describe some financial performance measures used by a business.
Pedagogy
The trainer uses up-to-date training techniques and a variety of training methods, to give all participants the best opportunities for learning, including class session, group discussions and tutorials, and problem-solving exercises.
Who should atttend
Management and supervisors at all levels in private and public enterprises.