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FINANCE FOR NON-FINANCIAL MANAGERS

Target Group/Individual

For staff, entrepreneurs, business owners public service agents who have some dealing with financial processes inside their work environment

Overview

The Finance for Non-financial Managers course empowers managers to more effectively communicate with accounting and finance people and to better understand the financial aspects of business decisions. Many operating managers have had limited exposure to financial data, are afraid of accounting statements and need to know more about this important business function. This course aims to “lift the veil”

This course will enable learners to

  • Describe financial management terminology, concepts and principles
  • Apply various financial planning techniques such as budgeting, cash-flow projections, cost benefit analysis, variance analysis and cost management
  • Analyse and interpret financial management statements and reports s
  • Explain how financial decisions are arrived at
  • Financial principles of accountability, cost effectiveness, cost efficiency and value for money
  • Describe financial management success and failure factors

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