Who Should Attend?
- Managers, supervisors, and team leaders responsible for budgets, projects, or financial decisions
- Professionals from non-financial backgrounds (HR, Operations, Sales, Marketing, etc.) seeking to understand financial terminology and reports
- Department heads who need to interpret financial data to make sound business decisions
- Anyone who wants to improve their business acumen and contribute more effectively to financial performance and strategy
About The Program
Sound financial understanding is essential for effective management. This five-day course demystifies the world of finance, helping non-financial professionals gain confidence in reading statements, managing costs, and making financially informed decisions.
Through interactive discussions, exercises, and case studies, participants will learn how financial principles relate to their daily responsibilities and organizational success. The programme bridges the gap between finance and operations, enabling smarter planning, budgeting, and decision-making.
Course Objectives
- To understand key financial concepts and terminology used in business
- To read, interpret, and analyse key financial statements
- To manage costs and resources effectively for improved profitability
- To link financial performance to strategic and operational goals
- To make data-driven and risk-aware business decisions
- To enhance accountability and ownership of financial outcome
- To strengthen overall business acumen and financial confidence
What You Will Gain
- A strong understanding of financial principles and reporting
- The ability to interpret balance sheets, income statements, and cash flow reports
- Tools to manage budgets and control costs effectively
- Confidence in making financial contributions to business discussions
- A clearer view of how financial decisions impact overall performance
- Skills to evaluate risks, returns, and resource allocation
DAY ONE – The Language Of Finance
- Understanding The Role Of Finance In Business Operations
- Key Financial Terminology Explained In Plain Language
- Principles Of Accounting And Financial Management
- Overview Of The Financial Cycle – From Planning To Reporting
- Linking Budgets, Costs, And Profitability
- The Manager’s Role In Financial Accountability
- Understanding Business Acumen And Commercial Awareness
- Using Financial Data To Support Sound Business Decisions
DAY TWO – Reading Financial Statements
- Introduction To Financial Statements And Their Purpose
- The Balance Sheet – Assets, Liabilities, And Equity
- The Income Statement – Revenue, Costs, And Profitability
- The Cash Flow Statement – Managing Liquidity And Cash Resources
- Analysing Financial Ratios And Key Performance Indicators (KPIs)
- Understanding Variance And Performance Management Reports
- Recognising The Impact Of Financial Decisions On Results
- Enhancing Accountability Through Financial Awareness
DAY THREE – Managing Costs
- Understanding Fixed, Variable, And Semi-Variable Costs
- Techniques For Analysing And Controlling Costs
- Identifying Cost Drivers And Areas For Savings
- The Relationship Between Cost, Volume, And Profit
- Using Budgets As A Control And Monitoring Tool
- Departmental Budgeting And Forecasting Essentials
- Improving Efficiency Through Organizational And Financial Discipline
- Developing Cost-Conscious Thinking Across Teams
DAY FOUR – Financial Decision-Making
- The Role Of Financial Data In Decision-Making
- Applying Risk Assessment And Management Principles
- Evaluating Investment Opportunities And ROI
- Using Critical Thinking In Financial Judgments
- Distinguishing Between Short-Term And Long-Term Decisions
- Understanding The Cost Of Capital And Opportunity Costs
- Balancing Risk, Reward, And Organizational Objectives
- Making Ethical And Informed Financial Decisions
DAY FIVE – Linking Finance to Strategy
- Aligning Financial Objectives With Organizational Vision
- Understanding How Finance Drives Strategic Planning
- Linking Departmental Goals To Financial Performance
- Translating Strategy Into Actionable Financial Targets
- The Role Of Managers In Achieving Business Sustainability
- Goal Setting, Accountability, And Measurable Outcomes
- Monitoring And Reviewing Strategic Financial Progress
- Building A Culture Of Financial Awareness And Responsibility
