Finance for Non-Finance Managers (Synchronous e-learning)

About This Course

Introduction, Course outline, Expectations and Takeaways
Analysing Tools for Preparing Financial Statements
Types of Reports –Internal External
Assumptions –Sources of information
Understanding Financial Statements
Analysing Interpreting Financial Statements
Planning Budgeting
Capital Day 1

Introduction, Course outline, Expectations and Takeaways
•Business Environment
•Registration Processes, Government Agencies
•Regulatory/Accounting bodies- Standards (IFRS and GAAP0)
•Understanding industries/stakeholders

Analysing Tools for Preparing Financial Statements
•Understanding Double Entry Concepts
•Recording Transactions- Journals, Cash Book, General Ledger
•Understanding Trial Balance, Income Statement Balance Sheet

Types of Reports –Internal External
•Monthly, Quarterly, half yearly and Annual
•Internal and External Audits
•Risks –wrong reporting
•Group Discussions

Assumptions –Sources of information
•Understanding Relevant and achievable targets
•KPIs,Assessments relevant to company /industry
•Case studies worksheets
•Summary of Day 1

Day 2

Understanding Financial Statements
•Accounting Terminology within Financial Statements
•Contents of Income Statements, Balance Sheet Cash Flow
•Understanding Income,Balance Sheet (Assets, Liabilities Equity)
•Understanding Cash Flows (Operating, Investing Financing)

Analysing Interpreting Financial Statements
•Understanding Vertical Analysis
•Understanding Ratios (Performance,Liquidity Leverage)
•Case studies worksheets

Planning Budgeting
•Understanding; Planning Process
•Understanding Budgeting
•Budgeting for Revenues Costs
•Forecasting
•Monitoring and Control process

Capital Budgeting Investment Analysis
•Capital Expenditure treatment
•Capital expenditure budgeting analysis tools
•Understanding payback periods, cost of capital rates of returns
•Case studies worksheets
•Summary of day 2
budgeting Investment Analysis.