Practical Finance for Non-Financial Managers
232-26
Supervisory and management
Easily Understand Your Financial Data
This two-day workshop will provide you with an overview of how to understand financial information without requiring an in-depth knowledge of math, bookkeeping, or accounting practices. In addition to providing the basics of financial statements, you will also learn how financial information can support financial management objectives and decision-making.
You will receive practical tips on how to analyze reports and data to identify key elements to provide a clearer picture of your business to highlight your financial position and identify financial areas requiring your attention. You will gain insight to better evaluate the information you are receiving from your financial data.
At the end of this workshop, you will be able to:
Have a high-level perspective on how financial information can be integrated with the Triple Bottom Line
- Explore why financial information is important in understanding your business
- Learn the basics of financial statements:
- Balance Sheet/Statement of Financial Position
- Income Statement
- Cash Flow Statement
- Explore Key Financial Concepts and Ratios and how they fit into financial analysis
- Discuss Budgets and Forecasting
- Explore:
- Cost Management
- Risk Management
- Financial Decision-Making Techniques
- Business Valuation
- Communication Methods to better represent financial insights for non-financial stakeholders
- Learn how to integrate financial information into the Triple Bottom Line (Profit, People, and Planet)
There are no prerequisites for this course.
This course is designed for managers, business owners, entrepreneurs, and anyone who is responsible for financial management without having a finance or bookkeeping background. This workshop will also be of interest to anyone wishing to broaden their understanding of accounting measurement and analysis.
Open to all members of the public.
$ 1050 plus tax
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