Session Overview
This one-day session simplifies financial concepts for professionals from non-financial backgrounds. It focuses on reading financial statements, managing costs and budgets, and understanding the financial impact of day-to-day business decisions. Participants will engage in practical exercises, discussions, and case studies tailored to their functional areas.
Course Overview
- Welcome and Course Overview
- Objectives of the Training
- Importance of Finance Knowledge for HR and Non-Finance Functions
- Definition and Scope of Finance
- Key Financial Concepts for Non-Finance Professionals
- The Role of Finance in Business Operations
- Overview of Balance Sheet, Income Statement, and Cash Flow Statement
- How to Read and Interpret Financial Data
- Introduction to Key Financial Ratios
- Fundamentals of Budgeting
- Cost Control Strategies
- Budget Preparation, Monitoring, and Variance Analysis
- Importance of Cash Flow in Business Operations
- Managing Inflows and Outflows
- Cash Flow Analysis and Forecasting
Stop Wasting Time on Training That Fades.
Start Solving.