This Financial Management for Non-Financial Professionals training will show how finance works in the present quick moving business environment. Business experts needs to understand the financial factors that is useful to business achievement. For any business the key components of profitability, liquidity and financial structure are critical to continuing success and competitiveness. You will find out about the accounting processes of recording and reporting business transactions, and how these are outlined as periodic financial reports in accordance with statutory requirements. This Financial Management for Non-Financial Professionals training will clarify why management accounting is essential to business survival, and success. It will show how budgeting can control costs and improve profitability and productivity. It will clarify and create tools and techniques for evaluating proposed new investment projects. It will also show how business decisions will impact on corporate profitability.
Course Objective:
At the end of this training delegates should be able to:
- Recognise the relationship between primary financial statement (income statement and balance sheet)
- Locate the financial performance and financial position of an organisation using the appropriate financial ratio and break-even analysis techniques
- Identify the components of working capital
- Improve planning, controlling and budgeting skills in the organisation
- Use comparative ratio analysis to get areas of concern in the organisation
Who Should Attend?
- Project Professionals
- Internal Auditors
- Any Non-financial Professionals who are required to Read, Interpret, and contribute to Business Financial Reports
- Senior Professionals of Manufacturing, Marketing, Engineering
- Human Resources Professionals
- Legal Professionals
- Executive Professionals who are involved with Development of Long-Term Customers, Suppliers, Outsourcing Partners, and other Global Strategic Alliances
- Consultants who work with Professionals and Executives, to support Improvements to Operational and Financial Processes
- Non-Financial Managers
- Heads of Departments
- Accounts Administrators and Assistants
- New Accounting Staff
- Non-Financial Executives
- Other related staff who need Accounting knowledge
Delivery Method: Audio-visual aids, case studies, power-point presentations, relevant and thought provoking exercises, Practical demonstrations with Excel and facilitated discussions.
Venue: London
Fee:
Duration: 1 week
Course Date: August 28th – September 1st, 2023
Course Curriculum
ABOUT INSTRUCTOR
- 0 Lectures
- 0 Quizzes
- Duration 100 hours
- Skill level All levels
- English Language
- 0 Students