Training package In Financial management of non-financial – Material Drive

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Knowledge of basic financial principles is critical to the success of any job or level in the organization. This course will help you transform financial and accounting concepts into decision-making tools that can be used successfully every day. You will learn how to apply the fundamentals of financial management to improve budget management, increase potential profits, and assess the financial performance of businesses. 

What Will I Learn?

  • Defining the four main financial statements: 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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