FINANCIAL FOR NON-FINANCIAL MANAGERS

FINANCIAL FOR NON-FINANCIAL MANAGERS

  • COURSE NAME: FINANCIAL FOR NON-FINANCIAL MANAGERS COURSE
  • REQUIREMENTS: Computer and Internet.
  • ENTRY LEVEL: All levels, basic numeracy and literacy.
  • MINIMUM TIME: 2 Hours +
  • PASS RATE: Required 80%, unlimited re-take.
  • EXAM TYPE: Online QUIZ, True/False and Match.
  • CERTIFICATE: Instant download on completion.

Improve your understanding of financial management and how to use financial statements to improve your decision making.

Decisions employees make daily in business often have a notable impact on the organisation’s financial standing.

However, many people do not understand the importance of assessing how their decisions impact the organisation’s bottom-line. Not being able to interpret financial statements fuels this lack of understanding.

COURSE CONTENT:

1. INTRODUCTION INTO FINANCIAL FOR NON-FINANCIALS.

      • WHY FINANCIALS?
      • THE WORLDS ECONOMY.

2. UNDERSTANDING BASIC FINANCIAL TERMS.

      • UNDERSTANDING BASIC FINANCIAL TERMS.

3. FINANCIAL RATIO.

        • FINANCIAL RATIO.
        • A RATIONAL NUMBER.
        • FORMAL DEFINITION OF RATIONAL NUMBERS.
        • BASIC FINANCIAL RATIOS CALCULATIONS.

4. BASIC FINANCIAL REPORTS.

        • BASIC FINANCIAL REPORTS.
        • BALANCE SHEETS.
        • INCOME STATEMENTS. (P&L – Profit & Loss)
        • STATEMENT OF OWNER’S EQUITY.
        • CASH FLOW STATEMENT.

5. BUSINESS PLANS.

        • BUSINESS PLANS.
        • DO YOU NEED A BUSINESS PLAN?
        • DESCRIBING YOUR BUSINESS.
        • COMPOSING YOU EXECUTIVE SUMMARY.
        • MARKETING AND SALES.
        • ORGANISATIONAL AND OPERATING PLAN.
        • YOUR FINANCIAL PLAN.
        • PRESENTING YOUR PLAN.

6. BUDGETING.

        • BUDGETING.
        • BUDGETS AND BUSINESS PLANNING.
        • BENIFITS OF A BUSINESS BUDGET.
        • CREATING A BUDGET.
        • CONCLUSION.

7. UNDERSTANDING INFLATION.

        • UNDERSTANDING INFLATION.
        • THERE ARE SEVERAL VARIATIONS ON INFLATION.
        • HOW INFLATION IS DETERMINED?

8. INVOICE, TAX & VAT.

        • INVOICES.
        • VAT, TAX INVOICES.

9. FINANCIAL DECISION MAKING.

        • FINANCIAL DECISION MAKING.


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ONLINE COURSES

WHAT YOU GET

1 Year

Online Quizes (True/False + Multiple Choice)

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Unlimited

Access available

Download in PDF on completion

Free

Included