Managers have financial responsibilities and many have budgets to write and control and face many decisions that require evaluating the cash flows associated with projects. Based on numerical illustrations, this course aims to break down some of the financial barriers in an entertaining and informative style, with numerous examples. Bring your calculator! It gives an insight into the world of finance for non-financial managers and professionals.
To enhance the participants’ knowledge, skills, and abilities in the field of finance and budgeting,
By the end of the Course the participant will be able to:
Understand the financial and accounting terms used in business.
Develop skills in financial literacy.
Understand the main financial statements and how to be used to monitor and control business performance.
Understand the financial language, asking relevant financial questions, and making business decisions using financial criteria.
Highlight the need for good budget construction and the basic techniques for budgetary control.
Develop operating budgets
Understand how cash budgeting can affect motivation and control
Non-financial managers and anyone from non-financial disciplines who needs to know more about business finance terminology.