Finance for non-financial managers
Course Overview
Financial is mandatory for all organizations’ levels. Every organization has been established to yield a return back to the investors investments. The business is the tool but the financial return is the target, so all organizational level should maintain minimum degree of reading financial reports awareness of how to deal with the financial reports.
Course Outline
Financial statement types
The Balance Sheet
Basic Accounting Equation
Balance Sheet Elements & How to Use the Balance Sheet Effectively
Income Statement
Profit & Loss Statement Elements
How to use Profit & Loss Effctively
How to measure Profitability
Cash Flow Statement
Cash Flow Statement Elements
Operating Activities, Investing Activities & Financing Activities
How to use the Cash Flow Statement Effectively
Statement of changes in equity - Statement of Retained Earnings
Net profit or loss
Share capital issued
Dividend payments
Gains or losses
Budgeting - Investment Appraisal
Costs & Revenues Budgeting
Budgeting Process
Financial statements templates
Learning Objectives
Upon accomplishment, participants will be able to:
- Understand the financial aspects
- Read and understand the content of the financial statements.
- Identify the financial payback of every business decision.
- Use the financial reports as a tool to manage the business.