Finance for Non-Financial

  • Duration: 16 hours
Categories:

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

Introduction

  • The Goals and Functions for Financial Management
  • The Three Most Important Questions Answered by Finance.

The Key Financial Statements:

  • Income Statement.
  • Changes in Owner Equity
  • Balance Sheet
  • Cash Flow

Analysis of Financial Statements:

  • Judging the Health of the Business.
  • Income Statement Ratios
  • Balance Sheet Ratios
  • How to Read Company Annual Report

Cost Concepts and Decision-Making:

  • Cost-Volume-Profit Analys
  • Economic Costs versus Accounting Costs
  • Breakeven Analysis
  • Cost-Based Pricing
  • Marginal Analysis

Capital Projects:

  • The Time Value of Mon
  • Cost of Capital.
  • The Capital Budgeting Decision.
  • Methods in Evaluating Capital Projec
  • Sensitivity and Risk An

Working Capital and the Financing Decision:

  • Current Asset Management.
  • Sources of Short-Term Financing.

The Budgeting Process:

  • Guidelines and Techniqu
  • Cost Control.

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