Finance for Non-Financial

  • Duration: 16 hours

Finance for Non-Financial

Course Objectives

By the end of the program, participants will be able to:

  • Explain the functions of financial management.
  • Define the four key financial statements: balance sheet, income, cash flow and changes in owners’ equity
  • Interpret the financial health of a company or profit center.
  • Master capital budgeting and cost-volume-profit analysi
  • Use financial information to manage the business or their departments.

Course Content

  • The Goals and Functions for Financial Management
  • The Three Most Important Questions Answered by Finance.
  • Income Statement.
  • Changes in Owner Equity
  • Balance Sheet
  • Cash Flow
  • Judging the Health of the Business.
  • Income Statement Ratios
  • Balance Sheet Ratios
  • How to Read Company Annual Report
  • Cost-Volume-Profit Analys
  • Economic Costs versus Accounting Costs
  • Breakeven Analysis
  • Cost-Based Pricing
  • Marginal Analysis
  • The Time Value of Mon
  • Cost of Capital.
  • The Capital Budgeting Decision.
  • Methods in Evaluating Capital Projec
  • Sensitivity and Risk An
  • Current Asset Management.
  • Sources of Short-Term Financing.
  • Guidelines and Techniqu
  • Cost Control.