Master Finance Essentials for Non-Financial Professionals

Course Description

This comprehensive 5-day course equips non-financial managers with essential financial knowledge and skills. Participants will learn to interpret financial statements, understand budgeting processes, and make informed business decisions. The course covers key financial concepts, financial analysis techniques, and practical applications in a business context.

Learning Objectives

• Interpret and analyze financial statements confidently
• Understand key financial metrics and their impact on business performance
• Develop skills in budgeting, forecasting, and financial planning
• Enhance decision-making abilities using financial data and analysis
• Communicate effectively with finance professionals and stakeholders

Course Modules

Day 1: Financial Fundamentals

• Introduction to financial management
• Accounting principles and concepts
• The accounting cycle
• Financial statements overview

Day 2: Financial Statement Analysis

• Balance sheet deep dive
• Income statement analysis
• Cash flow statement interpretation
• Key financial ratios and metrics

Day 3: Budgeting and Forecasting

• Budgeting principles and processes
• Creating and managing operational budgets
• Financial forecasting techniques
• Variance analysis and reporting

Day 4: Financial Decision Making

• Cost-benefit analysis
• Break-even analysis
• Capital budgeting and investment decisions
• Risk assessment in financial decisions

Day 5: Financial Strategy and Communication

• Linking finance to business strategy
• Working capital management
• Effective financial communication
• Action planning for financial management

Practical Wins for Participants

• Ability to read and interpret financial statements confidently
• Skills to create and manage departmental budgets effectively
• Improved decision-making using financial analysis techniques
• Enhanced communication with finance teams and stakeholders