FINANCE SKILLS FOR NON-FINANCE MANAGERS (BASIC & ADVANCED)
Exposure of managers to important financial concepts in day-to-day business transactions. It will help them take better decisions on the basis of financial implications on the business. It will also make managers know how to strengthen the internal control mechanisms for the organization. You will learn to apply the fundamentals of finance to improve budget management, increase potential profits, and assess the financial performance of business activities. You will also understand the terminology used by accounting and finance staff and will feel more confident when being involved with them or using them. This course will help you do a better job and prepare you for senior management positions where financial awareness is crucial.
In Stock
Finance Skills for Non-finance Managers (Basic & Advanced)
Course Methodology
The course uses a mix of interactive techniques, such as brief presentations by the consultant, case studies and group exercises to apply knowledge acquired throughout the course.
Course Objectives
At the end of the course, participants will display competence in the following eight areas:
- Interpret and apply basic accounting terminologies
- Judiciously spend and account for funds entrusted in their care
- Can generate reports on their financial dealings in their various responsibility areas
- Continually follow guidelines and due process in handling the organization’s funds
- Desist from fund mismanagement in its entirety
- Be in control and responsible for resources put at their disposal
- Be able to keep basic Books of Accounts to enhance transparency and accountability
- Be able to identify and check fraud through internal control procedures.
Target Competencies
- Awareness, understanding and interpretation of the company’s Accounting and Financial statements.
- Effectiveness on the use of finance and accounting information.
- Ability to process and screen financial transactions.
- Comfortable decisions based on Accounting and Financial information.
- Ability to manage company performance strategically.
$165,000.00
