Seminar On Finance For Non Finance Executives

INTRODUCTION

Understanding financial information is crucial for enhancing shareholder value and is a MUST-HAVE skill to remain on top of your game as a Non-Finance Executive. Our Seminar on Finance for Non-Finance Executives is designed to help managers and directors comprehend financial data, including balance sheets, financial statements, and profit and loss accounts. Making informed decisions without adequate financial knowledge can lead to reduced profits. This Finance for Non-Finance Executives course aims to bridge that gap by equipping participants with the essential financial skills needed to make sound business decisions.

COURSE OBJECTIVES

By the end of this Finance for Non-Finance Executives course, participants will be able to:

• Understand accounts.
• Comprehend financial management.
• Interpret financial statements.
• Analyze financial ratios.
• Manage working capital effectively.
• Utilize Excel in finance-related tasks.

DURATION

5 Days

WHO SHOULD ATTEND

This Finance for Non-Finance Executives course targets managers, directors, and anyone who uses financial information in their workplace and wishes to gain a deeper understanding of financial concepts.

COURSE OUTLINE

Introduction to Finances

• Overview of Financial Concepts
• Importance of Financial Literacy for Executives

Financial Statements

• Understanding Balance Sheets
• Profit and Loss Accounts
• Cash Flow Statements

Techniques of Financial Management

• Basics of Financial Management
• Strategic Financial Planning

Financial Analysis

• Analyzing Business Financials
• Techniques for Fund Flow and Cash Flow Analysis
• Skills for Balance Sheet Interpretation

Understanding Business Finances

• Time Value of Money
• Business Financing Decisions
• Cost Structure and Break-Even Analysis

Criteria in Loan Appraisal

• Assessing Loan Applications
• Key Factors in Loan Approval

Management of Working Capital

• Effective Working Capital Strategies
• Managing Business Liquidity

Project Reporting

• Creating Comprehensive Project Reports
• Financial Implications of Business Projects

Decisions in Investments

• Evaluating Investment Opportunities
• Cost Accounting Principles

Assessment of Finances Using Excel

• Utilizing Excel Formulas for Financial Analysis
• Advanced Excel Functions and Financial Modeling
• Creating Professional Charts and Pivot Tables in Excel
• Presenting Financial Data Effectively with Excel

GENERAL NOTES

• This course is delivered by seasoned trainers with extensive professional experience in their respective fields.
• Training includes a mix of practical activities, theoretical knowledge, group work, and case studies.
• Participants receive comprehensive training manuals and additional reference materials.
• A certificate is awarded upon successful course completion.
• Custom-tailored courses to meet specific organizational needs are available. Contact us at training@skillsforafrica.org for more information.
• The training will be conducted at the Skills for Africa Training Institute in Nairobi, Kenya.
• The training fee covers tuition, materials, lunch, and the training venue. Accommodation and airport transfer can be arranged upon request.
• Payment should be made to our bank account before the training starts, and proof of payment sent to: training@skillsforafrica.org