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Finance for Non-Financial Managers
Code:
FNFM
Duration:
2 Day
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$1495
USD
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Good financial judgment can deepen the decision-making skills of any business professional. Fluency with monetary figures helps you tie everyday operations to the financial success of your organization at a department and senior level. This dynamic 2-day training course will ground you in the functions and tools of finance. You will examine financial statements-including the balance sheet, income statement, cash flow statement, and statement of stockholders' equity-as guides to fiscal health. You will also identify what you want to gain from a budget and describe the steps of budgeting to meet these goals.
This course is available in the following formats:
Duration: 2 Day
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Delivery Format: Virtual Classroom
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$ 1495 |
- Describe the importance and major elements of financial statements.
- Use balance sheets to determine the assets a company has at its disposal.
- Interpret income statements to identify corporate earnings, expenses, and profitability.
- Read cash flow and other statements to assess an organizationÂ’s real-world financial situation.
- Select a budget type and method to fit the needs of a company.
- Prepare a responsible budget.
Lesson 1: Reviewing Financial Basics
- Identify the Benefits of Finance
- Describe Financial Statements
Lesson 2: Interpreting Balance Sheets
- Identify Elements of Balance Sheets
- Analyze a Balance Sheet
Lesson 3: Interpreting Income Statements
- Identify Elements of Income Statements
- Analyze an Income Statement
Lesson 4: Interpreting Other Financial Statements
- Read Cash Flow Statements
- Read Statements of StockholdersÂ’ Equity
- Read Notes to Financial Statements
- Identify Elements of Financial Statements for Non-Profits
Lesson 5: Planning a Budgeting Approach
- Describe Budgeting Principles
- Choose What and How to Budget
Lesson 6: Utilizing Budgets
- Prepare an Operating Budget
- Prepare an Activity-Based Budget
- Monitor a Budget
Participants in this course are managers from virtually every non-finance area, who work in multiple industries and geographies.