Finance for Non Finance Managers

Rationale: The aim of this practical and participative course is to help participants analyze and improve the financial performance of the organization. The course uses cases studies and other rich material where participants learn and develop an appreciation for key financial documents like balance sheet, profit and loss and budgets.

Target Group: Top and Middle level Executives from Private Organizations, Government, Agencies, mostly without prior training in finance.

Objectives:

By the end of the course participants are able to:

• Understand key financial documents, such as balance sheet, profit and loss, and cash flow statements
• How to link cash flow and profit to organization performance
• Understand the most important financial ratios and trends
• Generate options how to improve performance
• Understand the various methods of budgeting

 Course Content:

• Introduction to financial management, concepts and principals
• The Balance sheet, Profit and loss, and cash flow statement
• Preparation and interpretation of Bank financial statements
• Managing cash: fixed assets and working
• Planning, budgets and Forecasting
• Planning cost/ benefit analysis
• Internal control systems
• Investment appraisals and working budget
• Sources of Finance
• Managing financial risk
• Ethics and Integrity in Financial Management
• Application of IT in Accounting

Training Methods: Facilitation, Group discussion, Questions and Answer, Assignment, Case Studies

Mode of Delivery: Physical class and Online