About this course
what will I learn
Module Outline
About this course
About this course
In a dynamic and fast-paced work environment, it is critical for decisions to be made quickly and efficiently. And that is why non-financial managers need to understand the finances of their organisation.
The Finance for Non-Financial Managers short course teaches managers how to predict, assess and understand the ins and outs of finance in their business so that they can make informed financial decisions that improve the financial health of their organisation.
Learners will cover accounting principles, like how to read and understand financial statements, and corporate governance, like how their department contributes to the financial sustainability of the organisation. They will also learn how to write budget and costing reports that will help them make sound business decisions quickly and effectively.
This course is ideal for:
Individuals who would like to increase their knowledge of finance principles and concepts in order to make sound financial and business decisions
what will I learn
The skills you will develop
By the end of the programme, you will be able to
- Understand the terminology, concepts and principles of financial management
- Gain knowledge about financial statements, how to analyse them and how to make decisions based on the information in them
- Discover how non-financial managers can apply financial planning techniques to business scenarios
- Using the financial principles you have learned, assess cash flow and financial risk to improve decision-making and profitability
Module Outline
Module outline
- Orientation
- Module 1: Finance explained
- Module 2: Understanding financial statements
- Module 3: Discounted cash flows and evaluating investments
- Module 4: Costing and pricing
- Module 5: Planning and budgeting
- Module 6: Decision-making for success
- Final Assessment: Prepare a budget or costing report
