Course Overview
Finance is one of the critical pillars of any organisation. Decisions made without properly understanding the financial implications may lead to reduced profits (or even losses) and a reduction in shareholder value. There is a greater need to understand financial information, particularly the balance sheet, profit and loss account, and cash flow statement, as companies strive to enhance their shareholder value. The Finance for Non finance programme provides basic financial principles and cover generic financial management tools necessary for decision making.
Course Objective
To raise the level of financial awareness of participants and enable them to use the financial information provided to make better short-term and long-term business decisions.
Course Highlights
- The program is delivered using comprehensive proprietary training material developed by PwC’s global methodologists
- Learning is achieved via examples, which reinforce the theory
- interactive board game to experience how transactions affect the balance sheet and profit and loss account over two trading years.
- Participants also prepare year-end financial statements
- Sessions are conducted by experienced PwC instructors with extensive practical experience
- Participants who attend all the sessions will be awarded a “Letter of Participation”
By attending the program, the participant should be able to:
raise their financial awareness, and better manage the businesses’ revenues, costs, profits and cash
use their new financial knowledge to make more effective decisions
deal with finance related matters more effectively
understand, analyse and interpret financial reports of the organisation
understand how organisations performance is impacted by their decisions
enhance their contribution for value creation within their organisation
Directors, managers and anyone who uses financial information in the course of their work.
It’s an instructor led 15 hour program.
Program agenda:
- Financial Statement
- Business Analysis
- Costing
- Board game
- Budgeting, forex and taxation
- Investment appraisal tools
- Profit vs cash
- Warning signals
