Finance for Non-Financial Managers

Advertisement

Finance for Non-Financial Managers

Financial data can be intimidating for people who don’t have to process them on a daily basis. Moreover, the decisions non-finance teams make have a bearing on the company’s financial performance.

Managers who are not directly involved in financial management should be empowered to understand the financial aspects of a business better. It helps them take more informed decisions on key operational and strategic issues, and to get a complete idea of the justification behind management actions. Financial literacy equips managers to contribute confidently in finding creative solutions to problems.

WHO SHOULD ATTEND

  • Managers at all levels
  • Office managers
  • Administrators
  • Finance clerks
  • Anyone in business with a need to understand financial statements, ratios and concepts
  • Business owners and entrepreneurs

HOW YOU WILL BENEFIT

  • Learn the terminology of finance and accounting, including assets, liabilities, expenses, profit and cash flow
  • Understand the balance sheet and be able to determine your business’s financial position
  • Analyse income statements, balance sheets and profit and loss statements in order to evaluate business results and make informed decisions
  • Develop a working knowledge of working capital and cash flow management
  • Learn to compile statements of assets and liabilities
  • Understand the difference between management reporting and external reporting

WHAT WILL BE COVERED

WHAT WILL BE COVERED

  • Basic bookkeeping and accounting terms
  • Debits & credits
  • Assets and Liabilities
  • Drawing up and understanding the income statement and the balance sheet
  • Managing cash flow and working capital
  • Developing your own budgets and cash flow forecasts
  • Management accounts vs external accounts
  • Understanding ratios and their relevance to decision making
  • Planning for break even and beyond
  • VAT, company and employee taxes
  • The importance, impact and mechanics of good capital budgeting

You can view all our courses HERE

KZN Business Training Centre

Contact Details
Contact Person:
Call us on: +27 (0)31 267 1229
Contact Email:
sales [at] kznbtc.co.za
Course Details
Unit Standard:
117156
NQF Level:
Level 4
Credits:
4
Course Duration:
2 Days
Course Delivery Method:

Blended Blended

In Class In Class

Distance Distance

Presented Presented Courses

In House In-House

Cost:
Contact us at +27 (0)31 267 1229 or [email protected] and we will send your a full course outline and quotation based on your requirements
Course Fee Includes:
Our public course fee includes facilitated training, course materials, the venue, a light lunch and refreshments. Onsite training at your venue can be arranged on mutually suitable dates - please contact us to request a quotation.

Advertisement


Advertisement


Advertisement


Google News


Recommended Reading: How To Use Google Scholar

 



Advertisement i




Advertisement m