Financial Awareness for Non-Financial Employees

Course Details

Session: 3 Days

Hours: 8 Hours /Day

Mode: Face to Face / online


United Arab Emirates

Financial Awareness for Non-Financial Employees

A department’s performance is measured by how effectively they manage departmental budgets. For some who is non-financial manager, to succeed, knowledge of basic financial principles and the budgeting process is highly critical. This course makes financial and accounting concepts into decision-making tools you can use successfully in every day operations.

Attendees will learn to apply the fundamentals of finance to improve budget management, increase potential profits, and assess the financial performance of business activities. Delegates will understand the terminology used by accounts and finance staff and will feel more confident when Involved with them.

The course will help you do your job better and help prepare you for senior management, where  financial awareness is crucial.

By the end of this training course participants will be able to:

– Integrate financial concepts and policies into the management decision and budgeting process.
– Evaluate the meaning of profit and loss accounts and balance sheets.
– Use ratio analysis and interpretation of key performance indicators.
– Complete understanding of terminology such as ‘gearing’ and ‘return on capital employed’.
– Employ cash flow analysis to assess business status.
– Calculate the cost of business activities and price effectively.
– Use tools such as break-even analysis.
– Manage working capital.
– Control business operations through effective budget management.

Course Content

Importance of Finance
 Defining and understanding financial jargon.
 Accounting Principles.
 Accountability and responsibility for financial information. Understanding the profit and loss account
 Profit, operating and capital expense items.
 Measuring profit and business success Analyzing the balance sheet.
 Evaluating the worth of an established business.
 Fixed and current assets and liabilities.
 Linking the profit and loss account to the balance sheet.
 Shareholder equity.
Cash Flow
 Cash flow, profit, and net worth.
 Connecting cash management to line management.
 Maximizing benefits and minimizing costs.
 Generating unique information from cash flow statements.
Training Method

Non-financial managers and anyone who wants to develop their knowledge of financial practices to improve their finance management skills. Delegates should years of business experience, have budget responsibility and be involved with those who hold financial control in their organizations.

Knowledge of Microsoft Excel® is important.

Training Method

The training will be conducted in a friendly, inclusive and fun atmosphere, which is conducive for different learning styles, but respects each attendee as an individual and ensures each one is challenged and ensures each individual is challenged and achieve maximum benefit from the course. Our goal is that attendees will be highly engaged and encouraged to be participative.

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Financial Awareness for Non-Financial Employees