Finance for Non-Financial Executives (Session 2)
9.00am until 1.00pm
Online Course (Live Session)
Managers and business executives need to understand the financial factors that are critical to business success. This interactive course will enable participants to understand how finance works in today’s fast-moving business environment, covering the critical issues of profitability, liquidity and financial structure. Participants will also understand the accounting processes and principles of financial reporting together with how to budget and maximise profitability. Also, course participants will be able to analyse different decision-making scenarios in the short term as well as project the benefits of proposed capital projects and determine which option to pursue.
Intro to the necessary accounting and financial jargon to communicate effectively with accountants and financial professionals.
The nature and role of financial statements and their interpretation.
Analysing the financial performance and financial position of an organisation using the appropriate financial ratio and break-even analysis techniques.
Assessing the risk and uncertainty associate with alternative outcomes.
Using budgetary control to compare actual against planned performance and identify corrective actions.
Evaluating alternative investments in capital projects using appropriate appraisal methods.
Identifying the features of alternative sources of business financing.
Aims and Objectives:
Participants will be able to further develop their personal management skills by being:
Better informed financially to enable improved management decision-making.
Better able to contribute to the effective financial management of their organisation.
Capable of not only understanding the nature of financial information but also its’ relevance to decision making situations.
Able to distinguish between relevant and irrelevant financial information in different situations.
Able to better control financial resources that are at one’s disposal.
Able to evaluate alternative courses of action and identify the most effective choices with regard to the future improvement of their organisation.
This target audience for this course includes professionals and Managers from sales and marketing, procurement and supply, human resources, administration, project managers, internal auditors, engineering, operations managers and any non-financial executives who are required to read, interpret and contribute to business financial reports or decisions having significant financial implications.
About the Speaker
Robert Delia is a seasoned HR professional, with a passion for people development. He has over 20 years work experience in people and business management within various industries in the public and private sectors. Robert is also a qualified and experienced international trainer and a warranted teacher, having organized and provided various training courses to local and international audiences at different levels in HR, Finance, Strategic Planning, Change Management, Soft Skills, Marketing and Business Management