Finance For Non-Finance
Mastering the Essentials
Are you ready to embark on a journey into the fascinating world of finance? In today’s dynamic business landscape, understanding finance isn’t just a matter of choice; it’s a necessity. Whether you’re a seasoned manager or a professional from a non-finance background, our two-day workshop, “Finance for Non-Finance: Mastering the Essentials” will equip you with the financial literacy and acumen you need to thrive in your role and contribute significantly to your organization’s success.
Course Objectives
By the end of this workshop, you should develop:
- Master Financial Basics: Gain a holistic understanding of finance’s role, recognize key functions in finance and corporate governance, and address stakeholders’ diverse accounting information needs.
- Decode Financial Statements: Navigate financial reporting intricacies and confidently analyze crucial financial statements. Interpret Balance Sheets, P&L Statements, Cash Flow Statements, Statements of Changes in Equity, and Notes to the Accounts, utilizing financial analysis as a strategic asset.
- Harness the Power of Financial Ratios: Dive into financial ratios to evaluate organizational performance. Calculate and interpret liquidity, profitability, operational efficiency, leverage, and market value ratios. Apply these insights to informed decision-making.
- Budgeting, Planning, and Forecasting: Uncover the potency of budgets for effective financial planning. Navigate budget processes with finesse, aligning them with strategic goals. Understand financial budgets, identify variances, and optimize performance.
- Financial Analysis & Cost Management: Explore cost classifications and cost control strategies, enhancing overall profitability. Utilize Cost Volume Profit (CVP) Analysis for resource allocation and cost management decisions.
- Treasury Management: Manage daily cash flow operations and align them with strategic funding. Grasp the essentials of working capital management, optimizing cash flow for business stability. Explore strategic funding, investment appraisal techniques, and financing options.
- Tax Planning & Management: Navigate tax complexities, from planning to operational management, ensuring compliance and efficiency.
- Risks, Returns, and Communications: Evaluate risk-return dynamics in finance. Identify risk types and sources, and learn strategies for risk management. Enhance communication with finance professionals.
- Awareness on Capital & Money Markets and Sustainable Finance: Gain insights into capital and money markets and explore the growing realm of sustainable finance, including the Voluntary Carbon Market (VCM).
