Training package In FINANCE FOR NON-FINANCIAL – Material Drive

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Description

The
course aims to provide participants with the most important financial
principles that are important for success in any job or level in the
institution. This course will help you transform financial and accounting
concepts into decision-making tools that can be used successfully every day.
The course will examine how to apply the fundamentals of financial management
to improve budget management, increase potential profits and assess the
financial performance of business activities, as well as the most important
terms used by accounting and financial management staff to help participants do
their job better and prepare them for senior management positions where financial
awareness is critical
.

What Will I Learn?

  • Identification of key financial statements such as balance sheet, statement of income, cash flows and changes in equity, as well as key financial terminology used in institutions such as profit and profit margin.
  • Analyzing the financial situation of enterprises and divisions and using financial information for management and evaluation.
  • Distinguish between accounting and financial management and clarify the role of financial management in business management.
  • Preparing the operational budget and linking it to the strategic objectives of the institution.
  • Apply capital budgeting techniques and cost, size and profit analysis to enhance the decision making process.

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