Finance for Non-Finance Executives Training

Objectives

• To understand the role of Financial Statements in business and economy
• To measure the business performance for effective management of resources
• To know the cost components and its behavior to have better financial planning
• To use management accounting technique for better management decision

Outline

In new emerging business world, managerial performance is measured by how effectively they achieve their budgets. To be a successful non-financial manager, one needs to have an understanding of basic and concepts of finance & accounts, budgets and business performance measurement. This course will enable the non financial managers to use the financial and accounting concepts as decision-making tools and apply them in order to improve budget management, analyze the available business alternatives to select a best option, and assess the financial viability of projects.

Course Content

• About financial statements
• Financial statement - to assess the business performance
• How to manage costs in your business
• Budgeting & Standard costing – as planning tool
• How to evaluate a new business proposal

Who Should Join?

Non Financial and Accounting managers.