Finance for Non-Finance Managers Training in Nairobi, Kenya
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Details
Finance for Non-Finance Managers Training in Nairobi, Kenya
Link:
http://www.knowledgehut.com/finance/finance-for-non-finance-managers-training-nairobi#cls
Course Overview:
Link:
http://www.knowledgehut.com/finance/finance-for-non-finance-managers-training-nairobi#cls
Course Overview:
Basic knowledge of finance is essential for all professionals, even if they do not have a direct role to play in the finance and accounting departments of the organisation. Managers who lack the capacity to make intelligent assessments of financial data
will find themselves handicapped and unable to understand the impact of their strategies on the financial bottom-line.
KnowledgeHut’s two-day course in Finance for Non-Finance Managers cuts through complex financial information, explaining principles in simple terms that can be easily comprehended by the layperson. The practical and interactive sessions are designed to
provide a thorough working knowledge of critical financial concepts. Learn how to interpret and assess financial statements, and understand how business decisions are hinged on the possible financial impact they may have. As global businesses today span geographies,
the programme also intends to provide an overview of international financial management.
This course will equip you with a collection of tools and insights to enable you to fulfil your professional goals as well as the expectations of your companies and investors. Having completed this course, you will be able to assimilate and analyse financial
data, evaluate financial risks and communicate effectively with the financial team. Improve your planning and budgeting skills, sharpen your business acumen; and learn to make the right money-related decisions that notch up your business numbers!
Benefits:
Benefits:
From the Course:
By the end of the course all participants will have the following:
- An understanding of basic financial accounting terms and concepts
- A greater understanding of accounting and finance systems and the objectives of financial statements
- Knowledge of frameworks for applying financial analysis to management decision making
- An understanding of basic financial models, key financial ratios and indicators
- Basic planning and budgeting skills
- The confidence and skills to contribute to financial management within their organisation
- An awareness of the role of finance within the larger organisational structure and its contribution to overall business strategy
- A thorough working knowledge of critical financial principles
From the Workshop:
- 2 days Instructor-led classroom training
- Handouts and PowerPoint presentation
- Case studies
- Participation certificate on successful completion
Outline
Course Agenda:
Day 1
Introduction
- The role of finance
- Finance organisation structure- key roles and responsibilities
- Understanding the language of finance and accounting
- How financial transactions are recorded- process, sub process and transaction flows
The business model
- How money flows into the business
- Sources of long term finance –debt and equity
- The difference between turnover, cash and profit
Understanding key components of financial statements
- Income statement
- Balance sheet
- Cash flow statement
Analysing and interpreting financial statements
- Evaluating the financial health of a company
- Ratio analysis: profitability, efficiency and liquidity
- Reading through the numbers and understanding trends
Day 2
Working capital management and the cash cycle
- The importance of cash cycle
- Managing receivables, inventory and payables
- Sources of short term finance
Management accounting and decision making
- Break-even analysis
- Cost behaviour
- Pricing strategies
Planning, budgeting and forecasting for organisations
- Understanding the budgeting process
- Motivation and the behavioural aspects of budgeting
- Budgeting and forecasting exercise in excel
Capital projects
- The time value of money
- Investment appraisal techniques
- Discounted cash flow
- Net present value
- Internal rate of return
Tools and exercises will be provided so that you can practice the techniques and strategies covered in the course. On successful completion, participants will receive a participation certificate from KnowledgeHut.
Speaker/s
If you have any questions please drop a mail to us.
Contact Details:
Person: Alex Blackwell
Email: [email protected]
Contact Details:
Person: Alex Blackwell
Email: [email protected]
Special Offer
Early Bird Registration:
Course Fee: USD 849.00
Deadline for Enrollment: 04 Jul, 2015
Course Fee: USD 849.00
Deadline for Enrollment: 04 Jul, 2015
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