Course Overview

In today’s business world, non-finance managers and executives are often called upon to make decisions about financial issues. Particularly, the higher you rise in the organisation hierarchy, the more important such financial skills become. However, one of the problems facing many non-finance executives is their inability to understand and apply basic principles of finance to their day-to-day and long-term management decision making. Organisations face challenges which have financial implications but many managers coming from technical and non-financial backgrounds often find themselves lacking in confidence when making these crucial decisions.

This training course is thus designed to help non-financial Managers develop their financial understanding, knowledge of how their decisions affect an organisation’s financial performance and improve their organisation’s financial performance.

Who should attend?

Chief executive officers, Heads of departments, Managers and Supervisors

Methodology

This highly practical and results-oriented program is designed based on the adult learning concept. The facilitator will give plenty of input and then help participants to make sense of the themes through discussion and practice. It incorporates short inspiring demonstrations, case studies, presentations, and much practice to enhance learning.

Benefits

Our Financial Management for Non-Finance Managers training will create value for your organization by enabling Participants to:

• Demonstrate an understanding of the key accounting concepts, principles, and processes.
• Analyse and interpret financial statements for decision making.
• Supervise financial management of their departments against organizational requirements.
• Draft budgets according to the Strategic and Operational Plans
• Prepare financial forecasts for their departments.