Finance for Non-Finance Managers

Finance for non-finance managers course is for participants who do not have any finance background or knowledge. This course will provide participants with a detailed understanding of basic concepts and definitions to enable them to read and understand finance related documents and their implications in day-to-day workings. Overview The course has been designed to build the financial confidence of individuals and enable them to understand the financial objectives of their organization and ease the implementation into their daily tasks. After completing this course, the participants will be able to Read and interpret any financial statements Understand critical ratios and their implicationsInterpret cash flow statement and its implication for overall organizationUnderstand factors critical for growth of the companiesUnderstand key financial terminology used in the industry Apply financial information to aid in effective decision making Understand the role of corporate budgets and goals and how they can contribute towards achieving the sameWho should attend                           All individuals who want to improve their finance effectiveness and decision-making ability should attend this courseFunctional/ department heads and decision-making professionalsMiddle to senior managers from non-finance backgroundNon-finance professionals from sales, marketing, human resources, operations, investor relations, productions, legal departments, etc IT and technical professionals and business consultants Any other professional who wants to build up his/her finance capabilitiesMethodology                                                 The non-theoretical methodology which includes interactive discussions, case studies, interactive games and assignments to understand the concepts and their applicability. Trainer All our trainers are carefully chosen by us and possess a rich and vast experience in the financial sector. This course will be conducted by an experienced training consultant having more than 16 years of industry experience with some of the world’s leading business institutions, specializing in corporate finance, investment banking, and private equity.  Course Content  Module – 1 Basic concepts in financial management Importance  and applicability of finance knowledge in day-to-day working and long-term planning Introduction to financial statements Key issues in Accounting & FinanceModule – 2 Understanding Financial Statements - Balance Sheet and Income Statement Step-by-step understanding of financial statementsPreparation of Income statement (Profit & Loss Account) and Balance sheetReading and analyzing financial statementsModule – 3 Importance of cash flows statement - Heart of any business Basic concepts and preparation of cash flow statementDifference between Accounting profit and Cash profitRelationship between Profit & Loss Account and Balance SheetCash flow from OperationsCase DiscussionModule – 4 Ratio Analysis, Interpretation, and Du-Pont Analysis Importance and application of ratios for different industriesProfitability ratiosDebt Equity ratios, Turnover ratios, Shareholders’ ratiosLiquidity ratios Analysis of company performance from the perspective of both Shareholders as well as Debt holdersFinancial and operating leverage, assessment of risk and profitability based on ratio analysisModule – 5 Marginal Costing Principles Calculation of Break-even point and its usage in different decision making aspects - setting sales targets, product costing, sales price determination, marketing decisions, credit sales, discounts, etcUnderstanding Fixed and Variable Costs and their implications for businessCalculation of PV ratio and Contribution marginCalculation of break-even and cash break-even for projectsModule – 6 Project Finance and Capital Budgeting Project evaluation from the financial perspective with examplesUnderstanding the time value of moneyCapital budgeting techniques Payback and Discounted Payback NPV IRR and Modified IRR Profitability Index Preparing Financial projections for Project Evaluation & Sensitivity Analysis Case discussion on Project appraisalModule – 7 Working Capital Management Working Capital ManagementUnderstanding of Cash cycle and calculation of item-wise Working Capital requirementsWorking capital financingModule – 8 Step-by-step guide for understanding Annual Reports of company How to check performance and financial health of a companyAnalysis of financial and non-financial information Importance of footnotes  If you need further information, please visit www.riverstonetraining.com.sg or send mail at info@riverstonetraining.com.sg Riverstone – Corporate Training https://www.riverstonetraining.com.sg Organizer: Riverstone Training Pte Ltd Organizer profile: https://www.eventbrite.sg/o/riverstone-training-pte-ltd-14657133729 11 total attendees across organizer events on Eventbrite Discovered via Thailand, Thailand.