PURPOSE
The purpose of the “Finance for Non Finance Managers” course is to empower individuals in managerial roles from non-finance backgrounds with the essential financial knowledge and skills required to excel in their roles.
COURSE CONTENT
Unit 1: What is finance?
- Introduction to finance
- Financial accounting concepts, principles and procedures
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Unit 2: Basic elements of an income statement
- Format of an income statement
- Sources of income and expenditure
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Unit 3: Basic elements of a Balance sheet
- Basic elements of a balance sheet
- Concept of an asset
- Concept of liability
- Comparing and evaluating balance sheets
- Ratios
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Unit 4: Compiling a personal asset and liability statement
- Compiling a personal asset and liability statement
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Unit 5: Making financial decisions using financial statements
- Â Compiling a personal asset and liability statement
- Â Cashflow and liquidity
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Unit 6: The accounting cycle
- Â The accounting cycle
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Unit 7: Management reports and month-ends
- Management reports and month-ends
DELIVERY
- Duration: 1 Day
- Delivery: Classroom/Online
ACCREDITATION
- 5 Day Courses: Participants will receive a SpecCon Holdings certificate upon completion of all courses.
- 1 Day Courses: Participants will receive a SpecCon Holdings certificate upon completion of this course.