Financial Management for Non-Financial Professionals

Business professionals need to understand the financial factors critical to business success. This interactive seminar will show how finance works in today’s fast-moving business environment. For any business, the key elements of profitability, liquidity, and financial structure are critical to continuing success and competitiveness. So these three elements are comprehensively explored and developed at all levels of business activity. You will learn about the accounting processes of recording and reporting business transactions and how these are summarised as periodic financial reports, in accordance with statutory requirements. You will also learn financial reports are analyzed and by a variety of user groups

The seminar also has an inward focus and will explain why management accounting is essential to business survival, and success. It will show how budgeting can control costs and improve profitability. It will also explain and develop tools and techniques for evaluating proposed new investment projects. The seminar will enable you to understand the business from both a financial and strategic perspective and how business decisions will impact on corporate profitability.

Highlights of the seminar:

• The strategic and operational role of the Finance Function
• The principles of accounting and financial reporting
• How to understand and analyze financial reports
• How management accounting helps to maintain control and improve efficiency
• How we can ensure that investment returns meet the stockholder's expectations

Having completed this seminar you should be able to:

• Explain the nature and role of financial statements and their interpretation
• Use the language of accounting and finance to communicate effectively with financial professionals
• Review the financial performance and financial position of an organization using the appropriate financial ratio and break-even analysis techniques
• Use budgetary control to compare actual against planned performance and to identify corrective actions
• Evaluate investment projects using DCF and other appraisal methods
• Appreciate the important role of strategic accounting in business performance improvement

• Finance Managers and Financial Controllers
• Management Accountants and Financial Analysts
• Business Managers and Department Heads (all functions)
• Non-financial Managers who need financial literacy
• Project Managers and Operations Managers
• Internal Auditors and Performance Analysts
• Investment and Treasury Professionals
• Strategy and Corporate Planning Professionals
• Executives and Senior Decision-Makers
• Professionals involved in budgeting, forecasting, and financial reporting
• Professionals seeking to improve financial decision-making and business performance analysis
• Individuals aiming to understand accounting, budgeting, investment appraisal, and strategic financial management