Program Brief

"Finance for Non-Finance Professionals" is an extensive 4-day program, with condensed and engaging sessions totalling 7 hours each day, specifically oriented towards degree-educated professionals from varied industries, the programme is ideal for those in non-financial positions and who seek to bolster their financial literacy. This comprehensive program is meticulously designed to demystify the world of finance for participants, fostering a proficiency that enables them to decipher and utilise financial information for strategic advantage. Over the course of these four days, participants will engage with financial principles and analysis techniques tailored to extend their expertise beyond their specific specialties, thereby equipping them with the understanding crucial for holistic and informed decision-making processes.

Program Goals

At the end of the training program, the participant should be able to:

  • Acquire analytical techniques to assess financial performance, identify trends, and evaluate investment opportunities with confidence.
  • Develop the ability to prepare budgets and forecasts, enabling better planning and resource allocation within departments or business units.
  • Learn cost control strategies to optimize expenses and enhance profitability, while maintaining the desired level of service or product quality.
  • Grasp the essentials of capital budgeting, to assessing potential investments and make informed decisions on long-term projects.
  • Understand financial risk and how to mitigate it effectively, safeguarding organization's financial stability.
Program Agenda
Module 1: Introduction to Financial Statements and Financial Health Assessment
  • 1 Understanding Financial Statements

    • Overview of Financial Statements: Balance Sheet, Income Statement, and Cash Flow Statement

      • Analyzing the Balance Sheet: Assets, Liabilities, and Equity

        • Interpreting the Income Statement: Revenue, Expenses, and Profitability

          • Cash Flow Statement Analysis: Operating, Investing, and Financing Activities.

          • 2 Financial Health Assessment

            • Key Financial Ratios: Liquidity, Solvency, and Profitability

              • Interpreting Financial Ratios for Decision Making

                • Case Study: Analyzing a Company's Financial Health

                Module 2: Financial Analysis and Investment Decision Making
                • 1 Financial Analysis Techniques

                  • Trend Analysis: Identifying Financial Patterns and Trends

                    • Ratio Analysis: Assessing Performance and Efficiency

                      • Vertical and Horizontal Analysis: Understanding Financial Changes

                      • 2 Evaluating Investment Opportunities

                        • Introduction to Capital Budgeting: Identifying Investment Projects

                          • Payback Period and Net Present Value (NPV): Assessing Project Viability

                            • Internal Rate of Return (IRR) and Profitability Index (PI): Measuring Investment Returns

                            Module 3: Budgeting, Forecasting and Working Capital Management, Cash Flows Planning
                            • 1 Budgeting Basics

                              • Introduction to Budgeting: Purpose and Importance

                                • Types of Budgets: Operating, Capital, and Cash Budgets

                                  • Creating Operating and Capital Budgets: Key Considerations

                                  • 2 Budgeting and Forecasting Techniques

                                    • Variance Analysis: Evaluating Budget vs. Actual Performance

                                      • Rolling Forecasts: Adapting to Dynamic Business Environment

                                        • Case Study: Preparing a Budget and Forecast for a Department

                                        • 3 Working Capital Management and Cash Flows

                                          • Identifying the Working Capital Requirements

                                            • Operating Profits Vs. Cash Flow

                                              • Cash Forecasts

                                              Module 4: Cashflow Management
                                              • 1 Cash Management and Liquidity

                                                • Effective Cash Management Strategies

                                                  • Ensuring Adequate Liquidity for Business Operations

                                                  • 2 Corporate Finance

                                                    • Financial Reporting for techniques and KPIs

                                                      • Fundamentals of Financial Forecasting and Scenario Analysis

                                                      • 3 Corporate Governance and Ethics

                                                        • Corporate Governance: Best Practices for Transparency and Accountability

                                                          • Financial Compliance and Regulation: Navigating Regulatory Requirements

                                                          • 4 Wrap-Up and Program Conclusion Recap of Key Learnings and Takeaways

                                                            Program Requirements

                                                            Not Available

                                                            Program Path

                                                            Names of the training programs that are integrated (enriched) with the training program:

                                                            • Not Available

                                                            Names of the training programs that after the training program:

                                                            • Not Available
                                                            Program Method
                                                            • Lecture
                                                            • Case Studies
                                                            • Brainstroming
                                                            • Practical Implementation
                                                            • Exercises and assignments
                                                            Evaluation Method
                                                            • Pre Exam
                                                            • Post Exam
                                                            Training Type
                                                            • In Class Training
                                                            Partners

                                                            Not Available

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