Finance for Non-Finance Professionals

Finance for Non-Finance Professionals

Finance for Non-Finance Professionals

200 200 people viewed this event.
Program Objectives:
By the end of the program, participants will be able to:
  • Explain the functions of financial management and its role in running businesses.
  • Communicate effectively with finance professionals by using common financial language.
  • Define the four key financial statements: balance sheet, income, cash flow and changes in owners’ equity as well as key financial terms used in organizations (e.g. profit, margins, leverage, etc.)
  • Interpret the financial health and condition of a company, division or responsibility center.
  • Apply capital budgeting techniques and cost- volume-profit analysis to enhance decision making.
  • Use financial information to manage and evaluate their company or department operations.
Who should attend:
Managers, supervisors and staff from any function including finance who need to improve understanding and use of financial information.
Program Outline
Concept of Financial Management
  • Accounting versus Finance: Rules and Responsibilities
  • Three Pillars of Finance
    • Financing Decisions
    • Investing Decisions
    • Operating Decisions
The Key Financial Statements
  • Understanding the Accounting Cycle
  • The Six Main Accounts in Financial Statements
  • The Cycle of Financial Statements
  • Income Statement
  • Owners’ Equity
  • Balance Sheet
  • Cash Flow Statement and Cash Flow Rules
Annual Reports, Auditors’ Opinion and Financial Disclosures
  • Mapping the Three Pillars of Finance to Financial Statements
  • Analysis of Financial Statements
  • Judging the Health of the Business
  • Vertical, Horizontal, and Trend Analysis
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Analyzing and Interpreting Company Annual Reports
  • Different Measures of Profitability
  • Reading through the Numbers
  • Working Capital and the Financing Decision
  • Why Manage Working Capital?
  • Current Asset Classification
  • The Trade-Off in Working Capital Management Strategies
  • Sources of Short-Term Financing
  • Balancing Profitability and Liquidity
Budgeting Process and Techniques
  • Importance of Budgeting
  • Main Methods in Budgeting
  • Incremental Budgets
  • Zero-Based Budgeting
  • Activity-Based Budgeting
  • Participative Budgeting
  • The Budgeting Process
  • Budgetary Cost Control
Capital Projects
  • Time Value of Money
  • The Capital Budgeting Decision
  • Methods in Evaluating Capital Projects
  • Net Present Value and Internal Rate of Return
Break-Even Analysis and Decision-Making
  • Understanding Break-Even Analysis
  • Fixed and Variable Cost Behavior
  • Decision-Making Using Contribution Margin

To register for this event email your details to info@swissbusinessacademy.com

Register using webmail: Gmail / AOL / Yahoo / Outlook

 

Date And Time

2023-08-14 @ 09:00 AM to
2023-08-18 @ 02:00 PM
 

Event Category

Share With Friends