On Site Training
Description
The objective of this course is to give an overall understanding of how the financial system and finance within a business operates. This course is not designed to test the boundaries of knowledge nor qualify any delegate in a financial capacity, but rather to provide a basic understanding of the financial system within a business and how to use that information to make better business decisions.
There are many good reasons why non-financial managers should have some knowledge of finance and make a contribution in financial matters. Managers are at a disadvantage if they do not have sufficient knowledge at least to cope with the information on hand.
However, with enough information, the non-financial manager can complete their financial tasks quicker and more efficiently, thus leaving more time to do what they are good at! For example, the Sales Manager needs to know how to prepare a Sales Budget and the quicker this is done, the sooner they can focus on what they are good at - making sales for the company and generating income!
Duration
2 days (groups only). Minimum of six people per group
Where
On-site at company premises
Prerequisites
There are no prerequisites for this course. No laptop/Pc required.
Course content
- An introduction to the Financial System
- Time Value of Money
- An introduction to Financial Markets
- The basics of the Financial System
- The Company Financial Statements
- Analysis of the Financial Statements
- Budgeting
- Costing
- Cash Flow Management and Working Capital
Course presenter
The course presenter, Kate Daus, has been involved in the financial sector and business for 16 years. As a qualified Company Secretary majoring in Financial Accounting, she has accumulated a wealth of knowledge and experience in the field and believes that the trend is towards multi-skilled managers. This means that everyone involved in the business should have at least a working knowledge and understanding of all areas within the business.
