Project Description

The Essentials of Financial Management for Non-Finance Managers

This carefully crafted program is tailored to equip non-finance managers with the fundamental knowledge and skills necessary to comprehend and effectively interpret financial information, empowering them to make informed and strategic business decisions. Throughout this course, participants will delve into key concepts of finance, accounting, and budgeting, gaining a solid foundation. Furthermore, the course will delve into essential financial statements and tools for analysis and planning, offering participants a well-rounded perspective. By exploring industry best practices and navigating common financial management pitfalls, participants will enhance their ability to engage with finance professionals and stakeholders, fostering effective communication and collaboration.

Target audience

This course is suitable for managers, supervisors, team leaders, project managers, and other professionals who are not directly involved in finance functions but need to understand and use financial information for their roles and responsibilities, including:

❖ Managers and Department Heads

❖ Sales and Marketing Professionals

❖ Human Resources Managers

❖ Project Managers

❖ Product Managers

❖ Government and Public Sector Professionals

❖ Small Business Owners and Entrepreneurs

❖ Startup Founders

❖ Non-Profit Organisation Leaders

By the end of this course, the participants will be able to:

  • Explain the role and purpose of finance in an organisation

  • Identify and use the key financial terms and concepts

  • Read and interpret the main financial statements (balance sheet, income statement, cash flow statement)

  • Apply various techniques for financial analysis and evaluation (ratios, common sizing, trend analysis, etc.)

  • Prepare and manage budgets and forecasts

  • Assess the financial implications of different business scenarios and decisions

  • Apply the concepts and techniques of risk management and insurance to identify, evaluate, and mitigate financial risks

Venue: Online Teams/Zoom

Dates: 16th to 17th October 2023

Venue: Modena Rivonia Johannesburg

Dates: 23rd to 24th October 2023

Venue: Online Teams/Zoom

Dates: 26th to 27th October 2023

Venue: Modena Cape Town

Date: 30th to 31st October 2023

Venue: Progress One Morningside Durban

Date: 2nd to 3rd November 2023

Fee per delegate: R 9,499.00 + Vat