Financial Management for Non-Financial Professionals Course
Details
Accounting and financial information report needs to be communicated with budgeting and financial information. Every organization requires the financial information which integrates all processes in the organization business.
Therefore, all processes within businesses means that accounting and financial information and techniques must be understood and communicated by all professionals different from the core accounting and financial professionals at a level greater than the budgeting and recording of financial information
Candidates for the training course will be provided with knowledge that can be shared amongst their own colleagues.
Objectives
- Analyse the profit and loss account (income statement), balance sheet, and cash flow statement, and use ratios to interpret financial statements and identify their limitations.
- Appreciate the significant importance of cash flow (rather than profit) and discounted cash flow (DCF) in creating shareholder value.
- Develop costing systems such as activity based costing (ABC) for optimal decision-making to maximize shareholder wealth.
- Appreciate the role of managers in the budget process and the use of activity based budgeting (ABB).
- Determine the cost of capital in order to evaluate alternative sources of financing and optimal financial structure (gearing).
- Effectively manage cash and working capital to reduce costs and improve cash flow
Audience
- Non-financial professionals in every functional area of responsibility in all industries
- Personnel from any function, including finance, who need to improve understanding and usage of financial information
Outline
Course Outline
Company Objectives, Accounting Standards and Financial Statements
- Reading and Interpreting Financial Statement
- Cost/Volume/ Profit (CVP) Analysis
Discounted Cash Flow (DCF)
- Capital Investment Appraisal
- Capital Budgeting
Financial Structure
- Costing
- Decision-Making
- Budgetary Control
Working Capital Management and Cash Improvement
- Business Valuation
Over the past years, SGL Technologies has continued to maintain and focus on the products and technologies from a customer's perspective, developing and delivering ICT cutting edge solutions and training for vendors and partners as Consultants and Training Specialists for different organizations irrespective of the industry sector.
SGL Technologies has the experience and team that can create a system for you and your business. Working hand-in-hand with our team gives our clients the tools to create an easily manageable workflow in an organization.
Our services include the provisions of top notch Business Support Information Technology Solutions:
IT Training, Licensing of Computer Softwares, Networking, Data Protection and Storage Management Solutions, Video Conferencing, ICT Professional Certification Testing and Facilitate Internationally Recognized Professional Certificates in IT.
We offer world class Information Technology training to prepare you adequately for a global IT career.
- Over Twenty ( 25) Highly Experienced and Certified Consultants / Trainers
- Optimized Training Budget
- Customized Training Solutions
- Standard and Vendors’ Approved Course wares
- Both Classroom and On-Site Training Options ...
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