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EncartaLabs

Financial Decision Making for Non-Finance Personnel

( Duration: 2 Days )

The Financial Decision Making for Non-Finance Personnel training course is designed specifically for non-finance employees, managers and other professionals. This course will provide a practical awareness of how finance works in an organisation. Whereas many financial awareness courses focus on financial statements, this course takes an alternative approach. We focus on the techniques which are actually used to make financial decisions within an organisation.

COURSE AGENDA

1

How finance works in an organisation

  • What the finance department does
  • Key financial systems and controls
  • The value of management accounting
2

Understanding business finance

  • Sources of business finance
  • Uses of business finance
3

Financial planning and decision making

  • Pricing strategy
  • Understanding costs and their behaviour
  • The importance of ‘contribution’
  • Profit and output planning around the breakeven point
4

Budgeting for success

  • Budgeting basics
  • Budgeting and forecasting techniques
  • Cash flow forecasting
  • Monitoring budgets and managing variances
  • Alternatives to budgeting
5

Capital projects and investment appraisal

  • Relevant costs for decision making
  • Understand the time value of money
  • Established ‘Investment Appraisal’ techniques
  • Financially sound business plans

Encarta Labs Advantage

  • One Stop Corporate Training Solution Providers for over 6,000 various courses on a variety of subjects
  • All courses are delivered by Industry Veterans
  • Get jumpstarted from newbie to production ready in a matter of few days
  • Trained more than 50,000 Corporate executives across the Globe
  • All our trainings are conducted in workshop mode with more focus on hands-on sessions

View our other course offerings by visiting https://www.encartalabs.com/course-catalogue-all.php

Contact us for delivering this course as a public/open-house workshop/online training for a group of 10+ candidates.

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