Finance for Non-Finance Managers

Whether you are a manager in the public or private sector it is important in the current global economy to have an adequate grasp of financial management if you are to remain relevant and maximise your value-add to your organisation. This course will equip non-finance managers with the essential financial skills required in their day to day management and decision making.

Course Benefits

By attending this course you will gain the knowledge and skills to:

• Understand and interpret financial statements/ reports.
• Manage resources and budgets.
• Sustain good financial practice
• Appraise capital projects.
• Scrutinise and use financial reports.
• Deal with auditors.

Course Content:

• Understanding financial statements – balance sheet,
  income statements and cash flow statements.
• Budgeting methodologies and their pros and cons.
• Managing and controlling budgets.
• Interpret financial statements – ratio analysis
• Scrutinising and challenging financial reports.
• Managing working capital to improve cashflow
• Sources of finance and their pros and cons
• Common methods of pricing and when and how to use them.
• Understanding, identifying and managing business risk.
• Appraising investments and capital projects
• Measuring financial performance
• Understanding the roles of internal and external audit in financial management.