Finance for Non-Finance Leaders: A Comprehensive Insight

This program teaches how to:

• Select cost-effective projects and capital expenditures using financial analyses and feasibility methods.
• Determine the impact of cash flow on business decisions.
• Interpret and evaluate business and financial performance using ratios.
• Learn to master costing techniques and appreciate the mechanics of product costing.
• Evaluate and understand the strengths and weaknesses of the competitor companies in the petrochemical industry based on published information.

Course Agenda:

The course is structured around, and focused on, understanding how companies can maintain a competitive edge by making effective and optimal investment decisions.

Each module is underpinned by workshop-based, real-world case studies. The overall approach is geared towards facilitating and divulging information and skills relevant to the practical needs of the attendees, and includes the following topics:

• Analyze and Understand key report’s, including: Income Statement, Balance Sheet, Shareholders’ Equity and Cash Flow Statement.
• Appreciate the nature of depreciation, and its origin, including the various methodologies used in the industry.
• Understand how accounting and finance concepts are related and integrated, and how they underpin managerial decisions
• Understand how operations and financial strategies/plans impact the overall business performance and culture.
• Identify how to use financial information in your planning and analysis, for expenditures and project financing.
• Understand how operations and financial strategies/plans impact the overall business performance and culture.
• Gain an insight into accounting policies and principles.
• Determine how to select projects and capital investment expenditures using the following methods: Payback Period; Return on Investment; Discounted Cash Flow; Net Present Value; Internal Rate of Return; Expected Monetary Value.
• Impact of cash flow on business decisions: Return on capital employed using cash generated from operations; Cash generated from operations versus debt; Predicting a cash flow crisis.
• Performance ratios: Return on Capital; Capital Turnover; Working Capital; Current Ratios; Debtors Ratio; Liquidity; Efficiency; Risk evaluation.
• Business valuation methods and investor analysis ratios: EPS, P/E Gearing/Leverage; Business Trends.
• Costing approaches: Fixed & variable costs; Absorption and marginal costing; Determine costs in different types of industries; Product, Process & Job costing; Compare and contrast costing methods.

Target Audience:

All levels of non-financial managers: Junior to Executive Level