Finance for non-finance managers course is for participants who do not have any finance background or knowledge. This course will provide participants with a detailed understanding of basic concepts and definitions to enable them to read and understand finance related documents and their implications in day-to-day workings.

Overview

The course has been designed to build the financial confidence of individuals and enable them to understand the financial objectives of their organization and ease the implementation into their daily tasks. After completing this course, the participants will be able to

Read and interpret any financial statements
Understand critical ratios and their implications
Interpret cash flow statement and its implication for overall organization
Understand factors critical for growth of the companies
Understand key financial terminology used in the industry
Apply financial information to aid in effective decision making
Understand the role of corporate budgets and goals and how they can contribute towards achieving the same

Who should attend

All individuals who want to improve their finance effectiveness and decision-making ability should attend this course
Functional/ department heads and decision-making professionals
Middle to senior managers from non-finance background
Non-finance professionals from sales, marketing, human resources, operations, investor relations, productions, legal departments, etc
IT and technical professionals and business consultants
Any other professional who wants to build up his/her finance capabilities

Methodology

The non-theoretical methodology which includes interactive discussions, case studies, interactive games and assignments to understand the concepts and their applicability.

Trainer

All our trainers are carefully chosen by us and possess a rich and vast experience in the financial sector. This course will be conducted by an experienced training consultant having more than 16 years of industry experience with some of the world’s leading business institutions, specializing in corporate finance, investment banking, and private equity.

Course Content

Module – 1

Basic concepts in financial management

Importance and applicability of finance knowledge in day-to-day working and long-term planning
Introduction to financial statements
Key issues in Accounting & Finance

Module – 2

Understanding Financial Statements - Balance Sheet and Income Statement

Step-by-step understanding of financial statements
Preparation of Income statement (Profit & Loss Account) and Balance sheet
Reading and analyzing financial statements

Module – 3

Importance of cash flows statement - Heart of any business

Basic concepts and preparation of cash flow statement
Difference between Accounting profit and Cash profit
Relationship between Profit & Loss Account and Balance Sheet
Cash flow from Operations
Case Discussion

Module – 4

Ratio Analysis, Interpretation, and Du-Pont Analysis

Importance and application of ratios for different industries
Profitability ratios
Debt Equity ratios,
Turnover ratios,
Shareholders’ ratios
Liquidity ratios
Analysis of company performance from the perspective of both Shareholders as well as Debt holders
Financial and operating leverage, assessment of risk and profitability based on ratio analysis

Module – 5

Marginal Costing Principles

Calculation of Break-even point and its usage in different decision making aspects - setting sales targets, product costing, sales price determination, marketing decisions, credit sales, discounts, etc
Understanding Fixed and Variable Costs and their implications for business
Calculation of PV ratio and Contribution margin
Calculation of break-even and cash break-even for projects

Module – 6

Project Finance and Capital Budgeting

Project evaluation from the financial perspective with examples
Understanding the time value of money
Capital budgeting techniques
Payback and Discounted Payback
NPV
IRR and Modified IRR
Profitability Index
Preparing Financial projections for Project Evaluation & Sensitivity Analysis
Case discussion on Project appraisal

Module – 7

Working Capital Management

Working Capital Management
Understanding of Cash cycle and calculation of item-wise Working Capital requirements
Working capital financing

Module – 8

Step-by-step guide for understanding Annual Reports of company

How to check performance and financial health of a company
Analysis of financial and non-financial information
Importance of footnotes

If you need further information, please visit www.riverstonetraining.com.sg or send mail at info@riverstonetraining.com.sg

Riverstone – Corporate Training https://www.riverstonetraining.com.sg

Finance for Non-Finance Managers