EMERGE MANAGEMENT TRAINING CENTER

FINANCE FOR NON-FINANCE EXECUTIVES

“Improve performance by better understanding of business with basic finance skills”

Objectives

	To understand the role of Financial Statements in business and economy
	To measure the business performance for effective management of resources
	To know the cost components and its behavior to have better financial planning
	To use management accounting technique for better management decision

Course Overview
 
In new emerging business world, managerial performance is measured by how effectively they achieve their budgets. To be a successful non-financial manager, one needs to have an understanding of basic and concepts of finance & accounts, budgets and business performance measurement. This course will enable the non financial managers to use the financial and accounting concepts as decision-making tools and apply them in order to improve budget management, analyze the available business alternatives to select a best option, and assess the financial viability of projects.

Course Content
 
1. About financial statements

	What are the financial statements?
	How are they prepared?
	Who uses them?
	Ethics

2. Financial statement - to assess the business performance

	Profitability
	Liquidity & solvency
	Capital structuring & Leverage

3. How to manage costs in your business

	Cost behavior
	Cost techniques as tools for management process

4. Budgeting & Standard costing – as planning tool

	Operational budget
	Financial budgets
	Standard costing
	Analysis of performance for exceptional reporting

5. How to evaluate a new business proposal

	New import order
	Close or continue a business unit
	New project

Who Should Join?
Non Financial and Accounting managers.

Mode of Delivery Seminar Module
4 Days of 6 hours each
Twice in a year
Time: 8:30 am - 2:00 pm
Day: Sunday – Thursday
Venue: Hotel conference room

For more details and registration: mdp@emergeuae.net