FINANCIAL FOR NON-FINANCIAL MANAGERS training course

FINANCIAL FOR NON-FINANCIAL MANAGERS training course

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.

FINANCIAL FOR NON-FINANCIAL MANAGERS training course

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.

FINANCIAL FOR NON-FINANCIAL MANAGERS training course

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.

FINANCIAL FOR NON-FINANCIAL MANAGERS training course

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