Finance for Non-Financial Managers

by Institute of Corporate Learning

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

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Course Details

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 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 

  • Randburg Branch

    292 Surrey Avenue 2191, Randburg, Johannesburg

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