Finance for Non-Finance Managers

Finance for Non-Finance Managers
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Finance for Non-Finance Managers

WHY AVA FINANCE FOR NON-FINANCE MANAGERS TRAINING?
AVA uses experienced finance facilitators who are professionals in various areas of finance. Our trainers are versatile and have several years of practical experience in various industries of the economy. Our training course spans across understanding the fundamentals of finance and accounting, preparation and interpretation of key financial statements, managing working capital, decision making and business planning with forecast and budgets.
OBJECTIVES OF THE COURSE

  • To appreciate and understand the importance of finance and how it affects business performance and profitability.
  • To empower managers in other functional areas with adequate level of skills and knowledge in finance. Non finance managers will no longer be baffled by accountants.
  • To expand the professional expertise of non-finance managers and add to the bottom line of the organization
  • To make more informed financial decision concerning investment opportunities and other key financial decision making areas

WHO SHOULD ATTEND?

  • Business Owners/ Entrepreneurs
  • Project Managers
  • Business Executives
  • Managers and Head of Departments
  • Professionals and students from other disciplines

COURSE OUTLINE

Introduction to Finance (Accounting 101)

  • Understanding Basic Terms
    • Asset, Liabilities, Revenue, Expenses, Capital
    • Naked Margin, Gross Margin, Profit or Loss
    • Receivables, Payables, Inventory
    • Depreciation, Amortization, Bad debts
    • Market value, Net book value
    • Fiscal year, taxation

Fundamentals of Accounting

  • Accounting Equation
    • Double Entry Principle
  • Recording transactions
    • Cash & accrual basis 

Financial Statements (Case Studies)

  • Statement of Comprehensive Income-Profit & Loss Account
    • Credit & cash sales, discounts & rebates, revenue & expenses
  • Statement of Financial Position – Balance Sheet
    • Fixed Asset , Cash, Inventory, Receivables, Payables, Provisions, Prepayments & Advances
  • Statement of Cash flows

Analysis and Interpretation of Financial Statements (case studies)

  • Financial Analysis, Ratios & key indicators
    • Profitability, liquidity, gearing ratios

Working Capital Management

  • The Operating Cycle
  • Management of Debtors, Cash, inventory and creditors

Forecast, Budget and Budgetary control

  • Building the budget and forecast
  • Budgetary control and Variance Analysis

Should you require further information please feel free to contact us on
Phone No: 08099444060, 0808 288 9225
Email: info@alfred-victoria.com
Training Fees: N100, 000.00 only

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