Finance for Non-Finance Professionals

Course Methodology

The course uses a mix of interactive techniques, such as brief presentations by the consultant, case studies, and group exercises to apply the knowledge acquired throughout the course.

Course Objectives

By the end of the course, participants will be able to:

• Define the four key financial statements: balance sheet, income statement, cash flow, and changes in owner equity, as well as critical financial terms such as profit, margins, and leverage
• Interpret the financial health and condition of a company, division, or responsibility center and use financial information for management and evaluation
• Prepare an operating budget and relate it to the organization's strategic objectives
•  Apply capital budgeting techniques to evaluate long-term decisions in projects and capital expenditures
•  Use cost behavior concepts to calculate breakeven point and enhance short-term decision making
  
  
  

Target Audience

Managers, supervisors and staff from any function including finance who need to improve their understanding and usage of financial information.

Target Competencies

• Understanding financial statements
•  Financial analysis
•  Preparing operating budgets
•  Making capital budget decisions
•  Financial decision making