The aim of the course is to provide people who are not trained financial specialists yet are required to or have an interest in, understanding and interpreting corporate financial information, with the necessary skills to do so.
The goal of the Finance for Non-Financial Managers program is to provide leaders and decision-makers who do not possess a strong grounding in finance, an understanding of how money works inside their organization and how money can be used in making decisions.
Are you in Sales and Marketing, Warehousing and Logistics, Engineering, Operations, Human Resources or perhaps in another non-financial management role? If so, this programme is for you! Finance for Non-Financial Managers (FNFM) is designed to develop financial literacy and create a better understanding of your contribution to strategic decision-making.
This programme aims to unscramble the conundrums of reading financial statements, capital budgeting, and the importance of cash flow. It will provide a more structured approach to sales and product forecasting, budgeting and measurement of performance against budgets. This programme will empower you, and give you confidence when communicating with accounting and finance professionals in your organization.
How you will benefit:
Speak the language of finance, understanding terms such as budgeting, forecasting, working capital, triple bottom line reporting, etc.
Engage with financial professionals and appreciate their points of view
Gain the ability to examine the financial health of an organization, identify problems and inefficiencies, and have an appreciation of how their resolution will improve financial performance
Get an insight into the drivers and measurement of cost
Acquire an understanding of key measurements of financial performance, including ROE, ROA, and EVA
Understand growth, cash flow, and profitability concepts
Develop the ability to construct a financial plan and establish its financial feasibility
Key focus areas:
Introduction to corporate finance
Budgeting and forecasting techniques
Financial statements, taxes, and cash flow management
Long-term financial planning and growth
Understanding the time value of money
Financial decision-making and working capital management
Making capital investment decisions
Project analysis and evaluation
Financial ratio analysis and interpretation
Financial risk management
Who should attend:
Sales and marketing professionals
Engineers
Warehousing and logistics supervisors/managers
Human resources professionals
Operations and administration personnel
Entrance requirements:
Matric and/or relevant industry experience
Applicant must have access to a reliable Internet line to complete required hours online
Duration:
3 days (interactive sessions with facilitators)
A full implementation plan to be communicated on registration
Recorded sessions will be available only for registered delegates for a limited period
Assessments are restricted and all social distancing measures are adhered to as per the DOH regulations
Learning Methodology:
Delegates attending the course are provided with a unique blended learning methodology that combines online access to subject content with real-time engagement with facilitators, and the opportunity to add value through contact learning sessions, where feasible and appropriate.
| Start Date | Programme Fee |
|---|---|
| 8th December 2021 | R7 380 |