Finance for Non-Financial Managers
Understanding financial management is essential for any manager, regardless of their functional area. This course is designed to provide non-financial managers with an understanding of basic financial concepts and help them make more informed decisions that positively impact their organisation’s bottom line.
Who’s it for?
This course is ideal for non-financial managers who want to improve their financial literacy and decision-making skills. It is also useful for entrepreneurs and small business owners who want to better understand their organisation’s financial health and make more informed decisions.
Understanding the key financial statements (income statement, balance sheet, and cash flow statement) and how to interpret them.
Learning how to use financial ratios to assess an organisation’s performance and financial health.
Budgeting and Forecasting:
Understanding the budgeting process, how to prepare a budget, and how to forecast financial results.
Costing and Pricing:
Understanding how costs are determined and how to set prices to achieve profitability.
Understanding the basics of capital investment, including capital budgeting and return on investment analysis.
Understanding how to identify, assess, and manage financial risks, including credit risk, market risk, and operational risk.