SHR-107 The Basic Level : Financial Management for Non-Finance Personnel
Overview
Course Objectives
Course Content
For Whom
Schedule and Hours
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As organisationsand business become more global and increasingly disparate, it is essential that executives have a firm grasp on finance to ensure that they maximise value.
Exploring the diverse financial challenges facing today's decision-makers, Financefor Non-Finance Executives is a comprehensive introduction to accounting and financial analysis.It aims to give executives who are not financial specialists an understanding of the financial consequences of strategic decisions and to equip them with tools to integrate the financial approach into their day-to-day operations.
This basic level is to helpexecutives, especially from functional areas other than finance—such as sales, marketing, human resource, research and development, production, and procurement—to gain an extensive working knowledge of critical financial principles in an easy-to-follow manner, enabling them to make critical business decisions involvingcost-savings, budgets, new projects decisions, and growth strategies.
Tointroduce the key concepts of finance so they can contribute to the success of their business.
Tohelp to understand the language used by accountants and how financial statements fit together.
Togain knowledge on how to use ratio analysis to get a senseof the company’s performance.
To learn the concepts of management accounting and various kinds ofdecisions, including make-or-buy and shutdown.
Toknow on pricingstrategyand industry’s best pricing model.
Togain understanding of how to implement budgeting and working capital management as well asfinancial forecasting
Module 1: BasicUnderstanding of a Company’s Financial Statement
Module 2: Analysis of Financial Statements
Module 3: Cost Accounting
Module 4: ManagementAccounting
Module 5: Working Capital Management
Module 6: Pricing
Module 7: Budgeting
Module 8: Financial Statements Forecasting
This training resource is designed for Non-finance executives, such as sales, marketing, human resource, research and development, production, and procurement.
This is a 2-days programme. This course runs from 9:00am – 5:00pm with an hour for lunch and periodic short breaks.
This is an intensive session designed to include as much discussion as possible. Lunch and breaks provide an opportunity for further questioning and discussion with the instructors.
We are HRD Corp (Human Resource Development Corporation) Registered Training Provider. All of our training modules are claimable under HRD Corp.