Introduction

In today’s data-driven business environment, managers across all functions must be able to understand and use financial information to support effective decision-making. Financial data provides critical insights into organizational performance, profitability, and future planning.

This program, developed by Global Horizon Training Center, equips participants with essential financial knowledge and practical skills to interpret financial reports, analyze performance, and apply financial tools in managerial decision-making. It bridges the gap between finance and business operations, enabling managers to make informed, value-driven decisions.

Course Objectives

By the end of this program, participants will be able to:

• Understand the importance of finance in business decision-making
• Interpret and analyze key financial statements
• Apply accounting and financial concepts in managerial contexts
• Use financial ratios to evaluate performance and profitability
• Understand and participate in the budgeting process
• Apply cost analysis and financial planning techniques
• Evaluate investment decisions using financial tools
• Identify key financial drivers to improve business performance

Target Audience

This program is designed for:

• Managers and Supervisors from non-financial backgrounds
• Project Managers and Team Leaders
• IT and Service Support Managers
• Sales Executives and Business Development Professionals
• New Graduates and Professionals seeking financial literacy
• Anyone involved in decision-making requiring financial understanding

Outline

Day 1: Foundations of Finance and Financial Reporting

• Business Organizations and Sources of Finance
• The Role of Finance and the Finance Function
• Types and Sources of Business Finance
• Introduction to Financial Accounting Systems
• Understanding the Income Statement
• Understanding the Statement of Financial Position (Balance Sheet)
• Practical Exercise: Financial Reporting Case Study

Day 2: Financial Statements and Performance Analysis

• The Annual Financial Report (AFR) and IFRS Overview
• Financial vs. Non-Financial Information
• Understanding Cash Flow vs. Profit
• Preparing and Interpreting Cash Flow Statements
• Financial Ratio Analysis (Liquidity, Profitability, Efficiency)
• Evaluating Company Performance Using Financial Reports

Day 3: Management Accounting and Budgeting

• Financial Accounting vs. Management Accounting
• Costing Concepts and Cost Structures
• Overhead Allocation (Absorption vs. Activity-Based Costing)
• Cost-Volume-Profit (CVP) and Break-Even Analysis
• Budgeting Process and Techniques
• Variance Analysis and Performance Control

Day 4: Investment Appraisal and Financial Decision-Making

• Time Value of Money (Present Value & Future Value)
• Basic Investment Appraisal Techniques (ARR, Payback)
• Cost of Capital and WACC
• Advanced Techniques: Net Present Value (NPV) and Internal Rate of Return (IRR)
• Sensitivity Analysis and Risk in Investment Decisions
• Capital Rationing and Profitability Index

Day 5: Treasury and Risk Management

• Introduction to Treasury Management
• Interest Rate Risk and Management Techniques
• Financial Instruments: Options and Swaps
• Foreign Exchange Risk and Exposure
• Hedging Techniques for Currency Risk
• Practical Exercise: Managing Financial Risks