Overview

In today's fast-paced business environment, senior executives must possess practical knowledge of accounting, auditing, taxation, and corporate finance to make well-informed decisions. To address this need, we have developed a transformative three-day program specifically for business executives.

Participants will explore essential financial principles specifically designed for non-financial managers. The program aims to simplify financial jargon and concepts, empowering managers to make informed decisions. By the end of the training, attendees will gain practical tools and knowledge to better influence and understand their organization's financial health, thereby enhancing their managerial effectiveness and strategic impact.

This training is designed for experienced executives from non-financial backgrounds who need to understand, assess, and utilize financial information to drive their decision-making and achieve results.

Program Objectives

• Understand fundamental financial concepts and terminologies.
• Analyze and interpret financial statements effectively.
• Develop skills in budgeting, forecasting, and financial decision-making.
• Gain insights into cash flow management and its impact on operations.
• Learn to assess and manage financial risks and returns in business decisions.

Target Delegates

This program is designed for:

• Department Managers from non-finance departments.
• Project Managers.
• Marketing Managers.
• Sales Managers.
• Operations Managers.
• HR Managers.
• IT Managers.

Planned Program

Day 1

• Understanding the Basics of Finance and Accounting.
• Understanding Income and Expenditure Accounts.
• Statement of Profit & Loss and Other Comprehensive Incomes.

Day 2

• Statement of Cash Flow.
• Analyzing Trends in Financial Flows.
• Statement of Financial Position.
• Case Study: Developing A Statement of Cash Flow

Day 3

• Budgeting Oversight and Control.
• Financial Risk Management.
• Tax Planning and Compliance.
• Case Study: Developing A Budget.

Training Approach

This workshop is delivered by our experienced trainer who is an expert in his respective fields. The instruction includes a combination of practical activities, presentations, group work, and case studies. Participants will also receive training notes and additional reference materials.