Finance for non finance 1

PROGRAM DESCRIPTION

This “Finance for Non-Finance Managers: Empowering Business Acumen” training program is meticulously designed to help participants gain a deeper understanding of the core financial concepts and to be able to interpret and understand financial reports. With this understanding participants will be able to analyse financial reports and use the information in strategic planning. Its core purpose is to equip participants with the essential financial literacy needed to make informed business decisions.

WHO IS THIS PROGRAM FOR?

  1. Directors
  2. Non-finance senior and middle management managers
  3. Executives
  4. Persons involved in operations, procurement and sales.
  5. Entrepreneurs and technopreneurs
  6. Small business owners.

EXPECTED OUTCOMES

  1. To enable participants to understand key accounting concepts.
  1. To enable participants to confidently read and interpret the three core financial statements: Income Statement, Balance Sheet, and Cash Flow Statement.
  2. To equip participants with the ability to analyse key financial ratios to assess a company’s performance, liquidity, and solvency and to make strategic
  3. To provide practical skills in budgeting, cash flow management, and cost control for effective resource allocation.
  4. To enhance participants’ understanding of how their daily operational, sales, and procurement decisions directly impact the financial health and profitability of their organizations.
  5. To enable participants to use the information to formulate both short term and log term strategies.

COURSE OUTLINE

INTRODUCTION

  1. Trainer Profile
  2. Ice Breaker
  3. Learning Outcomes
  4. Content Mapping
  5. Ground Rules

MODULE 1: THE FOUNDATION – UNDERSTANDING FINANCIAL STATEMENTS

  • The Big Three: Income Statement, Balance Sheet, Cash Flow Statement
  • Interconnections and Insights

MODULE 2: PERFORMANCE & HEALTH – FINANCIAL ANALYSIS AND RATIOS 

  • Key Financial Ratios
  • Beyond the Numbers – Trend and Comparative Analysis

MODULE 3: PRACTICAL FINANCE – BUDGETING, CASH FLOW, MANAGEMENT & COST CONTROL 

  • Budgeting for Success
  • Managing Cash Flow in Operations
  • Cost Control and Value Creation

MODULE 4: STRATEGIC IMPACT – FINANCE IN DECISION MAKING 

  • Financial Implications of Business Decisions
  • Communicating with Finance

CLOSING

  • Recap of key takeaways from the entire program.
  • Action planning: Participants identify 1-2 immediate actions they will take back to their roles/businesses based on their learning.
  • Open forum for final questions and clarifications.
  • Feedback collection
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