Finance for Non-Finance Professionals

The course uses a mix of interactive techniques, such as brief presentations by the consultant, case studies, and group exercises to apply the knowledge acquired throughout the course.

By the end of the course, participants will be able to:

• Define the four key financial statements: balance sheet, income statement, cash flow, and changes in owner equity, as well as critical financial terms such as profit, margins, and leverage
• Interpret the financial health and condition of a company, division, or responsibility center and use financial information for management and evaluation
• Develop an operating budget aligned with the organization’s strategic objectives
• Apply capital budgeting techniques to evaluate long-term decisions in projects and capital expenditures
• Calculate the breakeven point using cost behavior concepts to support short-term decision-making

Managers, supervisors, and staff from any function, including finance, need to improve their understanding and usage of financial information.

• Understanding financial statements
• Analyzing financial ratio
• Preparing operating budgets
• Making capital budget decisions
• Financial decision making
• Calculating breakeven