Finance for Non-Financial Managers

Course Details

When

Start: Tue 13 November 2018

End: Thu 15 November 2018

Where

Time Oak Hotel
Abdulla Omran Tayram St
Al Thanyah 1
Tecom - Dubai
United Arab Emirates

Course Investment

AED 7,140.00 (inc VAT)

Finance for Non-Financial Managers Tue 13 November 2018 - Thu 15 November 2018

Related Courses

Finance for Non-Financial Managers

A manager’s performance is measured by how effectively they oversee departmental budgets. To succeed as a non-financial manager, knowledge of basic financial principles and the budgeting process is critical.

This course transforms financial and accounting concepts into decision-making tools you can use successfully every day. 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 understand the terminology used by accounts and finance staff, and will feel more confident when involved with them. The course will help you do your job better and help prepare you for senior management, where financial awareness is crucial.

Course Content

Overview

Importance of Finance

  • Financial jargon.
  • Accounting Principles.
  • Accountability and responsibility for financial information.

Understanding the profit and loss account

  • Profit, operating and capital expense items.
  • Measuring profit and business success Analysing the balance sheet.
  • Evaluating the worth of an established business.
  • Fixed and current assets and liabilities.
  • Linking the profit and loss account to the balance
    sheet.
  • Shareholder equity.

Cash Flow

  • Cash flow, profit and net worth.
  • Connecting cash management to line management.
  • Maximising benefits and minimising costs.
  • Generating unique information from cash flow statements.

Course Outcomes

  • Integrate financial concepts and policies into the management decision and budgeting process.
  • Evaluate the meaning of profit and loss accounts and balance sheets.
  • Use ratio analysis and interpretation of key performance indicators.
  • Understand terminology such as ‘gearing’ and ‘return on capital employed’.
  • Employ cash flow analysis to assess business status.
  • Calculate the cost of business activities and price effectively.
  • Use tools such as break-even analysis.
  • Manage working capital.
  • Control business operations through effective budget management.

Training Methods

By all means, bring your pencil case, and yes, there will be handouts, but there will be a lot more discourse, debate, improvisation, role play, technology, practice and group dynamics. The training will be conducted in a friendly, fun atmosphere, which not only allows for different learning styles, but respects each delegate as an individual and ensures each one is challenged and derives maximum benefit from the course. Our aim is that you will be highly stimulated and encouraged to rethink.

Who should attend?

Non-financial managers and anyone who wants to develop their knowledge of financial practices to improve their managerial skills. Delegates should, ideally, have 3-5 years business experience, have budget responsibility and be involved with those who hold financial control in their organisations. A working knowledge of Microsoft Excel® is essential.

Meet the Course Instructor

ISM Training - Course Instructor

Clive has worked within the GCC for 24+ years over this span he has worked with multi-national, local companies and several government bodies as well as writing and delivering papers at the 3rd and 4th Middle East quality conferences. He has also had his work featured in The Chartered Banker magazine.

He has been active in all aspects of Finance and Management for over 40 years and is the Managing Director of a highly respected UK personal development company.

His clear communication style helps to make what can be very complex issues, simple and understandable with actionable ideas and recommendations.

Clive has developed and delivered a series of training programs across the Gulf region always giving the best results for his clients. With the tools he has developed along the way he has a wealth of knowledge and case studies to support his training courses.

His innovative thinking and techniques make him one of our most in-demand trainers in the GCC.

Book your place

Finance for Non-Financial Managers

Tue 13 November 2018 - Thu 15 November 2018

Location: Time Oak Hotel

AED 7,140.00 (inc VAT) per delegate

To book your place please comeplete the short form below






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