FINXL Finance for non-finance training enables professionals, especially from functional areas other than finance such as sales, marketing, human resource, research and development, production, procurement, Executive, Top Management to gain an extensive working knowledge of critical financial principles in an easy-to-follow manner, enabling them to make critical business decisions involving cost-savings, budgets, new projects decisions, growth strategies and so on. Participants will be able to understand and analyse financial statements as well as grasp the basic fundamentals of finance and accounting.
We specialize in delivering tailored in-house financial awareness training courses.
We deliver financial training courses to office juniors, trainees, managers, senior managers, directors and even chief executive. We can pitch our courses at the right level for you.
This programme aims to meet the requirements of operating managers who would like to be well versed with the introductory nuances of finance in different functional areas. Deciphering financial concepts and developing the ability to see the business implications of numbers is a key outcome of this programme, which aims to help participants. Learn how to interpret and assess financial statements and understand how business decisions are hinged on the possible financial impact they may have. As global businesses today span geographies, the programme also intends to provide an overview of international financial management.
By the end of the course all participants will have the following:
Participants attending this training should be familiar with the basic Finance concepts, such as P&L account, Balance sheet, cash flow statements and ratios
This programme is designed for:
Managers, senior managers, middle level executives in non-financial positions who need to improve their financial skills in order to make critical business decisions involving cost savings, budgets, new projects, growth strategies, etc. This course can also potentially benefit entrepreneurs who are required to make daily business decisions regarding their companies.
The programme is appropriate for self-employed professionals such as lawyers, medical practitioners, and non-financial managers across different industries, both in the public and private sector.
We select the most relevant content and tailor it to your business.1. Understand the financial consequences of running a business
Business owners, managers and employees need to have a basic level of financial awareness to help their business succeed.
It’s important to know basic financial terminology and concepts and to be familiar with the main financial statements produced by a business.
Profit is one of the most important businesses aspect. Knowing how to make and increase profit is one of the key ingredients for business success.
“Profit is sanity but cash is reality”. Without cash a business cannot survive for long. Effective cash management will help a business to endure.
Many business’s invest considerable time in budgeting but few do it successfully. Some simple and practical tips can improve the process.
Business’s should use established techniques to help decide whether or not to commit time, resource and money on investment opportunities.
A successful businesses can be judged by the size of its market value. Its performance can be measured by using financial ratios.