Finance is an important yardstick to judge the performance of companies and individuals. All Managers have to understand the importance and relevance of finance while making any business decision, whether one is in R&D, marketing, sales, manufacturing, or any other function. The Finance for Non finance professionals Course is designed to develop financial skills among professionals working in non-finance functions like HR, Production, Marketing, Sales, R&D, etc. This will be helpful in making business decisions and facilitate smooth communication with finance teams.
In simple terms finance is the activity concerned with the planning, raising, controlling and administering of the funds used in the business. Thus, finance is the activity concerned with the raising and administering of funds used in business. Financial management is managerial activity which is concerned with the planning and controlling of the firm’s financial resources. Financial Management, is an integral part of the overall management. On other disciplines and fields of study like economics, accounting, production, marketing, personnel and quantitative methods.
This course will explain functions that operate in a corporate set up. It will also help you understand the use of the information provided by different functions, while preparing financial statements. Participants will gain an understanding in terms of techniques and principles used to prepare the financial statements.
The program will also focus on the different types of costs involved and the relevance of each while making a decision along with working capital management, variance analysis, among other things. Ultimately, the objective is to raise the level of financial awareness of participants. It should enable them to use the financial information to make better short-term or long-term decisions in managing their businesses.
|Lesson 1 - Understanding the Key Concepts of Managerial Finance
||Lesson 2 - Interpreting Financial Statements
|Lesson 3 - Cash Flow
||Lesson 4 - Cost Management
|Lesson 5 - Making Recommendations After Analysis
||Lesson 6 - Preparing Financial Statements
|Lesson 7 - Budgeting and Operational Plan
||Lesson 8 - Action plan|
- Flexible length - sessions as short as 1-hour
- Cost effective - great group pricing
- Greatest impact in the shortest time
- Excellent Team Building Opportunity
- Certificate of Completion
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