Management >> Costing Finance and Accounting

Finance for Non-Finance Professional

MF106

Location

Duration

Date

Fee inclusive of VAT

Jubail
5 Days
20-07-2025
17,250 (SAR)

Course Overview

Executives and professionals outside the finance department increasingly face financial decisions impacting strategic outcomes. This course provides a solid understanding of financial principles, empowering non-finance professionals to interpret financial data, communicate effectively with finance teams, and contribute confidently to budgeting, investment, and strategic decisions.

Course Objective

  • Interpret key financial statements and assess financial performance using ratios.
  • Communicate financial insights clearly with internal and external stakeholders.
  • Prepare and control budgets aligned with business strategy.
  • Evaluate investment options using discounted cash flow and other appraisal tools.
  • Manage costs and improve financial decision-making in operational contexts.

Who Should Attend?

  • Sales and marketing executives
  • Project and supply chain professionals
  • Human resources and legal managers
  • Internal auditors and cross-functional senior staff

Course Outline

1. The Business & Financial Environment

  • Role of financial management in business
  • Strategic financial planning
  • Accounting conventions and IFRS standards

2. Financial Statements & Analysis

  • Core financial reports overview
  • Liquidity, profitability, and efficiency analysis
  • Working capital and cash flow management

3. Budgeting Principles and Practices

  • Budgeting objectives and frameworks
  • Budget preparation and negotiation
  • Variance analysis and performance tracking

4. Cost Management and Optimization

  • Types of costs: fixed, variable, and mixed
  • Break-even and CVP analysis
  • Operational cost optimization strategies

5. Strategic Financial Decision Making

  • Financing sources: debt vs. equity
  • Cost of capital and WACC
  • Decision-making frameworks

6. Investment Appraisal Techniques

  • Appraisal methods: ARR, Payback, NPV, IRR
  • Time value of money in decision-making
  • Capital investment challenges

7. Risk and Performance Management

  • Identifying financial risks
  • Risk mitigation and planning under uncertainty
  • Performance evaluation tools

8. Case Studies and Practical Applications

  • Financial analysis case scenarios
  • Budgeting and forecasting exercises
  • Capital investment evaluation case

Training Methodology

The course combines various teaching methods, including instructor-led presentations, group discussions, case study analyses, and assessments through quizzes and a final exam to engage participants and ensure they understand and retain the material.

Terms & Conditions

ACTrain reserves the right to alter the Course Schedule without Prior Notification, Fees Quoted are Subject to Terms & Conditions Outlined in ACTrain's Registration Policy

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