Finance for Non-Financial Managers
Overview
This course will unveil the mystery behind the world of finance and equip you with the necessary tools and skills to apply financial management techniques to improve performance.
Who should attend
Managers at all levels and functional specialists who need to gain a better understanding of the financial implications of their business decisions.
Course objectives
By the end of this practical course, you will be able to:
- Read and interpret key financial statements
- Understand financial implications of business decisions
- Use key financial ratios and indicators to assess and plan performance
- Differentiate between profitability and solvency
Course content
Understand the Role of Finance and Accounting in a Company
- Learning about the different structures of organisations
- Understanding the benefits of mastering key financial concepts
- Understanding shareholder value
Master the Basic Finance and Accounting Concepts
- Return on Investment
- Matching costs and revenue
- Breakeven analysing and risk management
Learn to Read Financial Statements
- Trading, profit and loss account
- The balance sheet and the cash flow statement
- Accounting standards
Learn how to Interpret Financial Statements
- Defining key ratios
- Calculating profitability, liquidity and stability
- Recognising and analysing trends
- Monitoring costs and performance against budget
- Evaluating the long-term financial impact of certain decisions
Duration
Two day workshop
$965.00 +GST per person
Training Delivery Options
- Single public program booking (two day workshop)
- Price for in-house program available on request
- One on one or small group corporate coaching available
Please contact Katrena Friel at BSI Learning on 02 9993 0703 to discuss your program needs.