Finance for Non-Finance Managers Certificate

Finance for Non-Finance Managers Certificate Course

Understanding finance has become absolutely essential for all managers, especially non-finance managers. The increased demand on companies to perform means that non-finance managers need to have a firm grasp on all financial matters. This course provides a comprehensive insight into finance for non-finance managers, providing them with the key financial tools to be able to analyze, optimize, and significantly improve the financial status of their department and company. From how to interpret financial statements and reports to learning how to manage working capital and perform a costing and performance analysis, this course covers everything non-finance managers need to know about finance.

You Will Learn:

• Financial terminology and interpreting financial reports
• Cost accounting and how to perform a cost analysis
• The science of managing working capital
• Various financial formulas and how to use and interpret them
• How to measure financial performance using KPIs

Course Content:

The course begins with an introduction to basic financial terminology, ensuring that all participants have a solid foundation. It then moves on to more advanced topics such as cost accounting, where you will learn to perform detailed cost analyses that can help in budgeting and forecasting. The section on managing working capital will teach you strategies to optimize cash flow and reduce expenses. Additionally, the course will cover important financial formulas and how to apply them in real-world scenarios, making complex calculations easier to understand and use. Finally, you will learn to measure financial performance using key performance indicators (KPIs), enabling you to make data-driven decisions that can improve overall business performance.

Benefits of Taking This Course:

• You will vastly improve the financial efficacy of your department and company.
• You will be able to interpret and optimize financial statements and reports.
• You will learn how to save money and improve cash flow.
• You will be able to manage working capital and perform an advanced costing analysis.
• You will be able to perform a full financial evaluation to gauge performance.
• You will gain confidence in making financial decisions and presenting financial data to stakeholders.

For more information on financial terminology, visit Investopedia’s Financial Terms Dictionary. To understand cost accounting better, you can refer to CIMA’s Cost Accounting Guide. Additionally, the Harvard Business Review provides numerous articles on managing working capital and using financial KPIs effectively.

With this course, non-finance managers will be empowered to take on financial responsibilities with confidence, leading to more informed decision-making and better financial health for their organizations.