Finance for Non-Finance Professionals

Course Overview

Financial decision making is crucial to the success of any company. This course provides participants from a non-financial background with the necessary skills and understanding to navigate the corporate financial landscape leading to enhanced communication and financial decision making. We start with an introduction to a company’s financial statements which is key to understanding their financial performance and financial position. Participants will learn how to interpret and analyse financial statements and the type of information which is important to other users of accounts including banks and investors. Capital budgeting (investment) decisions are the ultimate driver of a business’s future profitability. Fundamental finance concepts and techniques are explained so participants can appreciate the relevance of capital structure to financial risk and cost of capital to investment decision making.

The course is practical and hands on using case studies, quizzes and practical examples to bring learning to life. A unique aspect of the course is that it incorporates a time value of money calculator (app) which allows delegates to become adept at financial calculations with ease and how to apply these skills to real life scenarios.

Course Objectives

• Gain a holistic corporate financial understanding and perspective.
• Understand the main financial statements and how they are interlinked.
• How to extract useful financial information and analyze financial statements to aid financial decisions.
• Appreciate the benefits and limitations of financial statements to different users.
• Understand fundamental finance concepts and be able to apply corporate finance quantitative methods.
• Know the key elements of a company’s capital structure and its impact on financial risk.
• How to calculate weighted average cost of capital (WACC) and its role in capital budgeting decision making.
• Understand the capital budgeting process and become familiar with the different methods for appraising and evaluating investment options.
• Provide managers from a non-financial background with the essential tools and knowledge to make informed and objective financial decisions.

Target Audience

This course is suitable to a wide range of working professionals but will greatly benefit:

• Managers from non-financial background
• Accounting trainees
• Finance professionals of all levels
• Professionals from all areas
• Students & university graduates

Training Methodology

• Content rich power point slides.
• Test Your Knowledge Quizzes.
• Case studies and practical exercises.
• How to use the 10bii Financial Calculator App to make financial calculations easy.