Financial Management for Non-Financial Managers

General
Study Method: Online
Subject: Finance
Fee: $50
Course Description:

All companies need to deal with finance and budgets. But not everyone studied them beforehand. Thanks to this course, those with some or no financial knowledge will understand financial concepts and discuss them more efficiently with financial personnel, applying their newfound knowledge to daily tasks, analyses, and measurements. Expand your abilities for company management, assess financial risks, analyze statements and customize master budgets flawlessly after this course.

Course Objective:

At the end of the training course, all participants will be able to:

  • Better understand finance, allowing them to play a more active role in helping their organization achieve its objective
  • Understand financial management and accounting processes
  • Understand and communicate better with finance specialists
  • Apply good financial practices
  • Understand profit, assets and liabilities and cash flow
  • Read and draw conclusions from a balance sheet and profit and loss account
  • Know how to use a variety of analytical techniques to assess the accounts of a business in terms of profitability, solvency and risks
  • Analyze the business using financial indicators
  • Prepare and manage budgeting effective
Content:

Module 1: Financial Statements

  • The need for financial statements
  • Cambodian Regulatory framework for accounting and auditing
  • Auditor and accounting standard selection
  • Main elements of financial reports

Module 2: Reading and Interpretation of Financial Statement

  • Profitability and return
  • Long-term solvency and stability
  • Short-term solvency and liquidity
  • Efficiency (turnover ratios)
  • Shareholders' investment ratios

Module 3: Budgeting

  • Approaches to financial Planning
  • Financial Planning (Budgeting)
  • Monitoring and Evaluating Financial Plan

Module 4: Investment Appraisal Tools

  • Types of capital
  • Capital budgeting process
  • Relevant cash flows
  • Payback period
  • Return on capital employed
  • Discounted cash flow (DCF) and Net present value method (NPV)
  • Internal rate of return (IRR) method
  • Sensitivity analysis
Intended Audiences
  • General Managers, Chief Executive Officers
  • Project managers
  • Functional Managers from non-financial department
  • Investment Analysts, bankers, investors
  • And for those accountants who are moving in to finance position