Finance for Non-Finance Professionals
Do you need to defend a budget, assess a company's financial health or explain results without being a finance specialist? Make sense of the balance sheet, income statement and management indicators. Strengthen your dialogue with the finance team and incorporate financial considerations into leadership and departmental decisions.
- Duration
- 2 days 14 hours
- Code
- FMB27FR Code
Presentation
As a business leader or department manager, you need to understand your company's finances and the methods used to manage them. This knowledge is essential to assess the impact of decisions, understand the company's profitability and investment needs, and communicate effectively with accounting and finance teams. It also helps you identify economic performance indicators and conduct sound financial assessments and analysis.
This 2-day course in financial management for non-finance professionals develops your understanding of accounting and financial concepts essential to good corporate governance. It provides the tools to read, understand and analyse accounting and financial information. You will become more confident working independently, understand corporate finance terminology and collaborate more closely with your finance team.
Objectives
By the end of this finance course for non-finance professionals, you will be able to:
- Understand financial terminology and the processes used to prepare financial documents.
- Read and interpret a balance sheet, income statement and accounting and financial notes.
- Use financial statements through financial analysis methods.
- Use appropriate management and monitoring tools for financial activities, including KPIs and dashboards.
Program
- Understanding financial statements.
- Accounting regulatory frameworks: SYSCOA, IFACC and IAS.
- Reading the balance sheet, income statement and notes or TAFIRE under revised SYSCOA.
- Using financial statements.
- Balance sheet analysis.
- Financial analysis using intermediate profit and loss measures (Soldes Intermédiaires de Gestion).
- Cash flow.
- Building dashboards.
- Financial ratios.
- Developing dashboards with KPIs and alerts.
- Introduction to budget planning using a sales budget example.
TEACHING METHODS
- Real-life case studies.
- Workshops.
- Role plays and realistic scenarios.
- Sharing experience and best practices (CLE).
Audience
This course is intended for:
- Anyone wishing to understand finance fundamentals and how they relate to business activities.
- Business leaders, department managers and executives who are not finance practitioners.
Prerequisites
There are no prerequisites for Finance for Non-Finance Professionals.
Teaching and assessment methods
- Initial skills assessment
- Training materials provided to participants
- Continuous assessment throughout the course
- End-of-course feedback questionnaire
- Combination of theory and practical application
- Attendance records
- Post-course follow-up evaluation
- Practical exercises
- Case study
Course highlights
Accessible to all audiences, the course combines theory and practice with real-life case studies, role plays based on practical situations, and experience sharing.
Dates and sessions
Choose the date and delivery format that suit you.
No upcoming sessions are currently available.
fr
en