Finance for Non-Finance People
Maximizing profits and performance are two of the major responsibilities of all key employees in any function. This 2-day course will enable you to communicate confidently using financial data and gain practical insights into the crucial financial measurements used by top management.
Course Duration:
2 Days
Target Audience:
Supervisors/Staff from any function including finance who need to improve understanding and use of financial information.
Learning Objectives
Upon completing this programme, the learner would be able to:
- Explain basic concepts of accounting, the functions of financial management and its role in running businesses.
- An understanding of how your decisions impact the bottom line
- The ability to focus clearly and concisely on critical financial indicators
- Better decision-making based on hard financial data
- The know-how to improve your understanding and working relationship with your company’s financial department
- Define the four key financial statements: balance sheet, income, cash flows and changes in owners’ equity as well as key financial terms used in organizations (e.g. profit, margins, leverage, etc.) Interpret the financial health and condition of a company, division or responsibility center.
- Apply budgeting techniques and cost- volume-profit analysis to enhance decision making.