Master Business Acumen. Speak the Language of Business: Understand Finance for Strategic Decisions.
Want to run this event in-house? Enquire about running this event in-house
Interested in attending? Have a suggestion about running this event near you?
Register your interest now
Description
Finance for Non-Finance Managers
This 2-day program demystifies accounting and finance for non-finance managers, equipping them with the essential knowledge to interpret financial statements, make informed business decisions, and enhance their overall business acumen.
Program Highlights
-
Financial Fundamentals:
- Understand basic accounting principles and their application in business.
- Learn the five elements of accounts and the accounting equation.
-
Financial Statement Analysis:
- Interpret Balance Sheets, Profit and Loss Statements, and Cash Flow Statements.
- Learn to tell a business story from financial numbers.
-
Practical Application:
- Record and analyze typical business transactions.
- Apply ratio analysis to determine the financial health of a business.
-
Financial Management & Planning:
- Understand the differences between accounting and finance.
- Learn about financing methods, time value of money, and budgeting as a planning tool.
-
Real-World Learning:
-
Engage in interactive lectures, case studies, and practical exercises.
Key Benefits
-
Acquire a sound understanding of accounting and financial principles.
-
Determine the financial impacts of business transactions.
-
Read, interpret, and analyze financial statements.
-
Apply financial information to make effective business decisions.
-
Improve accounting and financial skills for enhanced business acumen.
Who Should Attend
-
Department Heads & Team Leaders
-
Entrepreneurs & Business Owners
-
Project Managers & Operations Executives
-
HR, Sales, or Marketing Professionals
-
IT Specialists, and Technical Experts
-
Anyone who reviews budgets or reports
By the end of this workshop, the participants are expected to be able to
-
Acquire a sound understanding of accounting and financial principles and their applications in the business.
-
Determine the financial impacts of typical business transactions
-
Recognize and classify business transactions into the appropriate accounting elements
-
Learn how to read, interpret, and analyze financial statements and tell a business story from them
-
Make use and apply financial information to better manage the business and make effective financial decisions.
-
Improve accounting and financial skills as the key building block to harness business acumen.
