ONE SIZE FITS ALL
Finance For Non-Finance Professionals
Poor financial mismanagement is one of the top reasons for the failure of many businesses. Understanding the financial implications before taking a decision is critical otherwise it may lead to reduced profits (or even losses). Therefore, practising sound financial management across levels in the organisation is essential for businesses to flourish.
Training Objective:
To raise the level of financial awareness of participants and enable them to use the financial information provided to make better short-term or long-term decisions in managing their businesses or otherwise.
Methodology:
– In person (circumstantial)
– Webinars
– Case Study based approach.
Program Outline
Getting The Basics Right
- Introduction to Financial Management
- Time value of money
- Investment Decision
Understanding Financial Statements
- Understanding financial statements:
- Profit and Loss statement
- Balance sheet
- Cash Flow Statement
- Assets & Liabilities
- Accounting concepts
Why Cash is King?
- Cash Operating Cycle
- Profitability vs. liquidity
- Importance of cash