Programs

Finance and Budgeting for non-Finance Managers

About the Course

"Finance and Budgeting for Non-Finance" is a comprehensive training program that aims to empower non-finance professionals with essential financial knowledge and budgeting skills. The course is tailored to individuals who work in various departments or functions outside of the finance domain but need to understand and apply financial concepts in their daily tasks or decision-making processes.

Course Objectives

1. Provide a fundamental understanding of key financial concepts, including financial statements, cash flow, and financial ratios.
2. Equip participants with practical budgeting techniques and tools to create, manage, and monitor budgets effectively.
3. Enhance participants' ability to interpret and analyze financial information to support informed decision-making.
4. Develop participants' skills in financial planning, forecasting, and resource allocation.
5. Enable participants to identify and mitigate financial risks within their areas of responsibility.
6. Promote financial literacy and enhance participants' confidence in dealing with financial matters.

Gained Knowledge

- Understand the purpose and structure of financial statements (balance sheet, income statement, and cash flow statement)

- Comprehend the concepts of cash flow, working capital, and financial ratios

- Gain knowledge of budgeting principles, types of budgets, and budgeting processes

- Understand the importance of financial planning and forecasting

- Recognize financial risks and strategies for risk management

Gained Skills

- Ability to read, interpret, and analyze financial statements

- Skills in developing and managing budgets

- Proficiency in financial planning, forecasting, and resource allocation

- Competence in identifying and mitigating financial risks

- Enhanced decision-making abilities based on financial information

Target Audience

This course is designed for non-finance professionals, including

- Managers and team leaders from various departments (e.g., operations, marketing, HR)

- Project managers and coordinators

- Business analysts and strategic planners

- Entrepreneurs and small business owners

- Professionals aspiring to enhance their financial acumen