Finance for non-finance manager’s course is for participants who do not have any finance background or knowledge. This course will provide participants with detailed understanding of basic concepts and definitions to enable them read and understand finance related documents and their implications in
DurationFinance for non-finance manager’s course is for participants who do not have any finance background or knowledge. This course will provide participants with detailed understanding of basic concepts and definitions to enable them read and understand finance related documents and their implications in day-to-day workings.
If you haven’t yet been trained to prepare a budget, read and analyze financial statements, prepare project feasibility studies, manage costs etc. then this course is for you It is vitally important that managers are able to understand, interpret, and utilize financial information and reports, and can acquire the knowledge and skills to apply financial techniques to financial data, to inform logical and worthwhile decision-making.
The key elements of the course will be:
The role of the Finance Function, in transaction recording and reporting, management control and decision-making, raising finance, internal control and risk management.
The basic principles of financial accounting and reporting, the three main financial statements, and how they are prepared and presented.
Apply capital budgeting techniques and cost-volume-profit analysis to enhance decision making
Management accounting procedures and techniques used in organizations to control operations and inform profitable decision making.
Define the four key financial statements: balance sheet, income statement, cash flow and changes in owner equity as well as key financial terms such as profit, margins and leverage used in organizations
We are a passionate group of people who assist organizations achieve their aspirations by working with them to train their people for success. Our staff is equipped with years’ of experience designing and delivering training courses and tailor made programmes.
ICL’s public courses, in-house and customized training options make it easy to bring about real change, with real results. Institute of Corporate Learning (ICL) can help with all your training needs no matter where in Africa you are based.
The Finance training course for non-financial Managers will help managers develop their financial understanding, understand how their decisions affect an organisation’s financial performance and improve their organisation’s financial performance.
Finance for Non-Financial Management course is offered by Integrated Corporate Skills Solutions. Our Training and Development unit focuses on offering human resource skills training and development interventions in Strategic, Tactical, Operational, HR and Compliance areas.
Accountancy & Finance is the language of business and those who do not understand it are significantly disadvantaged. In reality business finance has a few key concepts wrapped up in layers of unfamiliar technical jargon.
Financial data can be intimidating for people who don’t have to process them on a daily basis. Moreover, the decisions non-finance teams make have a bearing on the company’s financial performance.
Our Finance For Non-Financial Managers Course is accredited by the Services Seta and the material covers unit standard 242810 at NQF L4 worth 6 credits and unit standard 114738 at NQF L4 worth 6 credits.
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