UPA > HRDF > Courses > Finance for Non Finance Managers
HRDF Courses > Human Resource Development Fund (HRDF) > Finance for Non Finance Managers > Management Accounting and Budgeting   Gallery		Finance for Non Finance Managers Course Introduction Managers and executives of today's competitive marketplace are more than ever being required to have good understanding of keys aspects of finance. Finance impacts all aspects of business or organisation activity. Hence, it becomes a focal point for Managers and executives in managing performance. Methods usually utilised by finance personnel to interpret financial information and make decisions are also relevant to managers and executives in other functional non-finance areas. Thus, this is an extremely valuable programme for Managers and Executives for learning the essentials of finance. Course Outline Today, a good idea is not good enough — leaders must demonstrate that their idea is uncommon sense and will deliver measurable results to the bottom line. To drive innovation and organizational success, leaders need to make effective business decisions that provide the most Blue Ocean economic value to their organizations. They must have at their disposal the conceptual frameworks necessary to effectively articulate project and investment proposals to decision-makers, as well as review and discuss proposals with the organization's finance managers. Learning Objective How managers interpret financial reports. Learning the manager's approach to read financial statements such as balance sheets, income statements, cash flow statements and retained earnings. Using financial ratios to improve liquidity, profitability, and capital structure and asset utilization. How managers make better business decisions with financial ratios. Assessing your organization's financial health and evaluate future direction. Analyzing business investments. Making effective decisions on capital expenses, capital budgeting, and funding new initiatives. Deciding how to finance operations.
		Last updated: 3 August 2011