A manager’s performance is frequently measured by how effectively they oversee departmental budgets. With this Finance for Nonfinancial Managers training course, you will apply the fundamentals of finance to improve budget management, increase potential profits, assess the financial performance of business activities, and transform accounting concepts into decision-making tools that you can successfully apply.
Attendees must bring a four-function calculator that performs addition, subtraction, multiplication and division functions
Finance and Accounting Training for Nonfinancial Managers Delivery Methods
After-course instructor coaching benefit
4thdacad end-of-course exam included
Finance and Accounting Training for Nonfinancial Managers Course Benefits
Integrate financial concepts and policies into the management decision and budgeting processEvaluate the financial viability of projectsEmploy cash flow to analyze business statusCalculate the cost of business activitiesControl business operations through effective budget management
Finance for Nonfinancial Managers Course Outline
Why Finance Matters
Demystifying financial jargon
Generally Accepted Accounting Principles (GAAP)
Public vs. private financial methodologies
Accountability and responsibility
The Key Building Blocks of Financial Control
Cash Flow: The Lifeblood of Organizations
Managing a Profit or Cost Center
A Manager’s Guide to Budgeting
Pulling It All Together