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Finance for Non-Financial Managers -

Finance, Accounting and IT
Lebanon

Start Date: 13/5/2015
End Date: 15/5/2015
Duration: 3 Days 9 AM - 5 PM Certification
  

Workshop Description

Finance for Non-Financial Managers 

 

What if a manager doesn’t know how to read and understand a balance sheet and a cash flow statement? Managers do not need to be experts, but knowing how expenditure affects each of the profit and loss statement, cash flow statement, and balance sheet is crucial managers for managers to meet their performance targets. Today, how would Non-Financial Managers influence your company if they don’t hold the knowledge of key financial concepts? The workplace is an ever evolving environment and this requires the creation of synergy between the finance department and non-finance departments so shared business objectives and drivers can be communicated effectively.

 

Objectives

This course aims at providing you with knowledge of: assets within financial systems, revenue and expenditure, and costing. It will explain business procedures related to finance and acquaint you with practice and use of budgets.

Designed for

This workshop is addressed to non-financial managers in every functional area of responsibility in all industries.

What you will learn

At the successful completion of this course, you should be able to:

  • Identify the main sources of financial information concerning your own company and your competitors.
  • Understand and interpret key financial information.
  • Understand the differences between cash flow, revenue and capital budgets.
  • Optimize your use of working capital.
  • Analyze variances in budgets and take remedial action.
  • Distinguish between short-term and long-term financial decisions.
  • Perform confidently in a financial environment.
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