Finance For Non- Finance Managers Executive Program Verified listing

Program Overview:

•      Understand and apply the fundamentals of finance to support smarter business decisions.

•      Improve your budget management skills, helping you control costs  and allocate resources effectively.

•      Increase your potential for profitability by using financial tools to optimize operations.

•      Assess financial performance across departments, business units,  or entire Organizations.

•      Become familiar with key finance and accounting terminology, enabling smoother communication with finance professionals.

•      Build confidence in interacting with financial reports and teams.

•      Strengthen your readiness for senior management roles, where  financial insight is crucial to strategic decision-making.

Program Outlines:

• Day 1

The key financial statements

-     Understanding the accounting cycle

-The five main accounts in financial statements

-Income statement: a tool for performance measurement

o Accrual basis versus cash basis

-     Balance sheet: a tool for financial position

-     Statement of owners’ equity

-     Statement of cash flows: cash is king

-     Wrapping up: the cycle of financial statements

-     External and internal auditors’ responsibilities

Day 2:

Analysis of financial statements

-     Why are ratios useful?

-     Horizontal and trend analysis

-     Vertical analysis: common-size statements

- Common-size financial statements

·            Building blocks analysis and reading through the numbers:

- Liquidity ratios: ability to settle short-term dues

-     Solvency ratios: ability to settle long-term dues

-     Activity ratios: the ability to manage assets efficiently

-     Profitability ratios

-     Limitations of financial ratio analysis

• Day 3:Working capital management-Definition of working capital and working capital management-Working capital management strategies for current assets-     Balancing profitability and liquidity-     Working capital management strategies for current liabilities-     The trade-off between profitability and certainty Breakeven analysis and decision making-     Defining fixed costs-     Defining variable costs-     Contribution margin formula-     Computing the breakeven point

  -     Sensitivity analysis: changing assumptions

• Day 4:Operating budget process and techniques-     What is the operating budget?-     Steps to budget development-          Master budget components-             . Sales forecasting-               Approaches to budgeting-               Incremental budgeting-               Zero-based budgeting-          Budgetary control and correction
• Day 5:Capital budgeting: the investing decisions.-     Examples of exercises involving capital budgeting-     Time value of money: a prerequisite for investing decisions-     The required rate of return for investments-     Examples of cash outflows for capital projects-     Examples of cash inflows for projects- Net present value calculation
• Who Should Attend? 1- C-Level Executives:CEOs: To understand the financial impact of strategic decisions.COOs: To align operational goals with financial outcomes.CMOs: To evaluate the ROI of marketing strategies.CHROs: To manage budgets for talent acquisition, retention, and HR initiatives. 2- Vice Presidents and Directors:Heads of departments such as Marketing, Operations, or IT who need to justify investments and evaluatefinancial risks.3-     General Managers and Business Unit Heads:Responsible for P&L statements and aligning business unit goals with corporate financial objectives.4-     Entrepreneurs and Board Members:

  Entrepreneurs scaling their businesses or board members evaluating organizational performance.

• This Executive Program is designed to be delivered over: 5 Days of TrainingTotal Duration: 25 to 40 Hours, depending on session format and delivery mode.The program is available in two formats:•Standard Format: 5 days × 5 hours/day•Intensive Format: 3 days × 8 hours/day (Accelerated Delivery)This flexible structure allows participants to engage in deep, hands-on learning while accommodating theirexecutive schedules.