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OVERALL OBJECTIVE
The Finance for Non-Financial Managers Workshop aims to ensure that participants improve
their
financial literacy, understand basic financial principles, and can engage in the budgeting process.
Participants need to understand and practice some of the financial skills needed by all managers
in
order to operate ethically and soundly in today's world of work.
OUTCOMES
Participants will be able to:
- Understand financial concepts
- Communicate financial information
- Execute effective budget management
- Calculate the cost of organizational activities
- Interpret financial information in order to make decisions or recommendations
CONTENT
Basic Financial Terms
Financial Questions for Better Results
- How did we do?
- How are we doing?
- How are we going to do?
- What opportunities are there?
- What areas need improvement?
Budgeting
- Types
- Different approaches
- As a planning and control tools
Accounting
- GAAP (generally accepted accounting principles)
Tracking the Numbers
- Sales
- Discounts
- Warranties
- Returns
- Inventory
- Debts
- Expenses
- Equipment
- Cash flow
Financial Reporting
- Balance sheets
- Assets
- Liabilities
- Income Statements
- Working capital
- Reports
Public vs. Private Methodologies
Implications of Financial Position Changes
 Finance for Non-Financial Managers
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your Leadership Development Training
Course needs.
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