Finance For Non Finance Professionals

Finance for Non Finance Professionals

Teaching finance to people with a non-finance background:

For all those who come from such diverse backgrounds as engineering, science or arts but desire to study and/ or have a career in the world of management and finance, our expert trainer can teach you from the basics. You will be able to navigate your way through the business world with ease and enhanced skills.

This two-day course will focus on practical financial basics and how to apply them to your organization, especially in today’s economic environment. No prior knowledge of Finance is required.

Who needs to attend our course?

  • Professionals from Senior Executives down to Line Managers
  • Executives who deal with financial documents in their day-to-day activities
Day One Day Two
1. Introduction to Finance for Non-Finance 3. Capital Budgeting for Decision Making
Generally Accepted Accounting Principles Meaning Of Capital Budgeting
Components Of Financial Statements Capital Budgeting – Features
Purpose Of Financial Statements Approaches To Capital Budgeting
Elements Of Financial Statements Capital Budgeting Techniques
Fundamental Accounting Assumptions Net Present Value (NPV)
Accounting Equation And Applying Principles Of Debit And Credit Internal Rate Of Returns (IRR)
Analysis Of Balance Sheet Payback Period
Analysis Of Statement Of Profit Or Loss Accounting Rate Of Returns
Top Line vs. Bottom Line Practical Applications Of NPV And IRR
Depreciation And Amortization 4. Budgeting
Analysis Of Statement Of Cash Flow Fundamentals Of Budgets
Cash vs. Profit Budget Process
2. Working Capital Management Types And Importance Of Budgets
Meaning And Concept Of Working Capital Traditional Budget
Importance Of Working Capital Management Zero Base Budget
Types Of Working Capital Commonly Used Budgets
Permanent vs. Temporary Working Capital Sales Budget
Components Of Working Capital Capital Expenditure Budget
Working Capital / Operating Cycle Cash Budget
Financing Of Working Capital Human Resources Budget
Current Ratio Production Budget
Quick Ratio Variance Analysis And Budgetary Controls
Inventory Management Limitations Of Budgets
Different Levels Of Inventory 5. Cost Concepts for Decision Making
Just-In-Time Direct, Indirect, Fixed, Variable And Semi-Variable Costs
Just-In-Time Cost Sheet
ABC Analysis Costing For Decision Making
Stock Turnover Ratio Marginal Costing
Receivables Management Cost Volume Profit (CVP) Analysis
Debtors Turnover Ratio Break Even Analysis
Payables Management Make Or Buy; Shut Down Or Continue
Creditors Turnover Ratio Sell Or Process Further
Cash Management Domestic vs. Export Sales
Number Of Units To Sell To Earn Desired Profit
Opportunity Cost

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