Finance For Non-Financial Managers Course

Upon Completion Of This Course, The Participants Should Be Able To:

• Describe financial management terminology, concepts and principles

• Apply various financial planning techniques such as budgeting, cash-flow projections, cost benefit analysis, variance analysis and cost management

• Analyse and interpret financial management statements and reports such as the balance sheet, income and expenditure statement, budget, cash flow projection, variance analysis and assets register

• Describe valuations and credit management principles and processes

• Explain how financial decisions are arrived at

• Give the basic principles of sound business investment decisions

• Appreciate financial principles of accountability, cost effectiveness, cost efficiency and value for money

• Apply ratio analysis of financial statements and appreciate the advantages and limitations of ratio analysis

• Describe financial management success and failure factors