Finance is a vital field. Finance is a constant part of your life. Finance is something that every person in a high-ranking or influential position will need at some time in his/her life. Finance for Non-financial is an interesting course that teaches participants how to use tools that can be used in decision making and the concepts of finance and accounting. Participants will learn how to manage a budget and the expected profit increase, as well as how to monitor and control the financial status of all activities related to the business. This course gives participants the foundational knowledge. Participants will be able to understand the fundamental terminologies of accounting and finance. Participants feel more confident and are able deliver better results. Participants learn how to manage financial matters that are linked to their positions.
Course Overview
Finance for non-financial professionals is not a course that is purely theoretical. Instead, the course is interactive and involves different methods like a consultant’s presentation, learning through case studies, team building, and group activities to help with practical implementations. This course is recommended to senior positions, such as supervisors, executives, and staff who have to deal with accounting and financial decisions.
The Course Objective
Participant can get finance for non-financial courses in many ways. Participants will not only learn the theories and fundamental financial concepts, but will also be able to review case studies and put the knowledge into practice. Participants are able to benefit from this course.
To understand financial statements including balance sheets, income statements and cash flow statements.
To identify any minor changes in the basic concepts like owner’s equity and margin profit, expenses, leverage, etc.
To be able to understand the financial position of the company and its divisions, responsibilities, and how financial information is used for effective management and evaluation
It is easy to distinguish between finance and accounting, and the related concepts
To compare the company’s strategic objectives with its operating budget
To learn techniques that will assist participants in making efficient decisions.