Introduction:

Progressing towards greater leadership positions means learning to cut through greater complexity. It means broadening your understanding of the entire business, in order to make the most effective strategic and tactical decisions. Finance is one of the core pillars of any business organisation. Building financial understanding into your decision-making is critical as you advance.

Financial for Non-Financial accelerates your understanding of the core financial dimensions of business. The programme empowers you with a robust valuation framework to make strategic decisions on future investments – and to assess the impact of past decisions you and your business have taken.

The programme will explore decision-making frameworks within the firm, using evaluation tools to evaluate the impact and efficacy of different projects. It will take a deep dive into valuation at the firm level, getting to grips with new techniques and mechanisms to estimate the value of an enterprise.

You will emerge from the programme with the understanding, the knowledge, and the skills to make solid financial forecasts and better strategic decisions. You benefit from enhanced ability to execute your decisions, while accurately monitoring past investments. And you will build the expertise and the confidence to communicate your plans and results to both financial and nonfinancial audiences.

Course Objectives:

By the end of the course, participants will be able to:

• Understand fundamental financial principles
• Understand financial statements and reports
• Participate in finance related discussions and meetings
• Take part in the organization’s planning and budgeting process
• Help to build persuasive business cases for capital investment
• Define the four key financial statements: balance sheet, income statement, cash flow and changes in owner equity as well as key financial terms such as profit, margins and leverage used in organizations
• Distinguish between accounting and finance and explain the finance role in running businesses
• Prepare a company’s operating budget and relate it to the organization’s strategic objectives
• Apply capital budgeting techniques and cost-volume-profit analysis to enhance decision making