Finance for non Financial Managers In-house Training

Get in Touch: P.O. Box 34970 Dubai, United Arab Emirates Tel. No.: +971 4 2941288 Fax: +971 4 2941228 Email: ts@teampower.ae www.tpidubai.com | www.strategictalk.com

In-House Training

Excellence in Training

FP01E

Finance For Non-Financial Managers

Demystifying finance and enabling managers to become more confident and productive in meetings and in decision making

Overview

Primary Objectives & Benefits This workshop will help participants to:

To succeed as a non-financial manager, knowledge of basic financial principles is critical. This workshop is designed to equip management professionals with the tools to understand, plan and carry out an effective execution of organizational strategy. It provides an overview of the importance of financial management by examining the classification and management of costs, the identification and management of risk in the context of creating value, determination of a viable capital structure, evaluating operational and capital expenditure opportunities, and reporting on overall performance.

1. Understand financial management terminology, concepts and principles.

2. Appreciate the importance of financial planning.

3. Design suitable costing processes, develop an appropriate capital structure.

4. Identify with the capital investment decision making process and how it applies in organizations.

5. Understand how to use performance reporting to focus behavior on achieving organizational objectives.

Who Should Attend?

Any business executives who need a refresher, or those from a non-financial background who need to gain a general understanding, about financial management.

Excellence in Training

FP01E

Get in Touch: P.O. Box 34970 Dubai, United Arab Emirates Tel. No.: +971 4 2941288 Fax: +971 4 2941228 Email: ts@teampower.ae www.tpidubai.com | www.strategictalk.com

Finance For Non-Financial Managers

Demystifying finance and enabling managers to become more confident and productive in meetings and in decision making

Module 1 - Financial Management

Module 2 - The Importance Of Planning

 What is financial management?  Why do you need to understand it?  How does it apply to businesses, organizations and projects of all sizes?

 Translating vision into strategy  Building operating guides to provide an effective execution of strategy  Understand the need for measurement  Creating a planning document

Module 3 - Understanding And Managing Costs Module 4 - Securing Financial Resources    

The source of costs (direct and indirect) The behavior of costs (fixed and variable) Different costing systems Designing an appropriate cost information system

 Difference between equity and debt finance  Desired source of financial capital

 Alternative sources of financial capital  Managing working capital

 Understanding financial leverage  Evaluate capital structure options

Module 5 - Capital Investment Decisions  Financial analysis of proposed capital expenditure  Defining return on investment  Alternative assessment methods  Important non-financial factors to be taken into consideration

Module 6 - Measuring, Analyzing And Reporting Organizational Performance  Identify the degree of achievement of strategic objectives  Focusing toward achieving objectives  Using traditional financial statements  Combining objective, subjective measures  Reporting to stakeholders

Program Highlight Duration: 2 days Date: To be Agreed with the Client Organization

Timing: 8:30 am to 2:30 pm daily Venue: Suitable & fully equipped venue (to be provided by Customer)

Notice required: 10 working days

Language: English Material: Participants will be provided with high quality handouts Certificates: Certificates of Completion shall be provided to participants upon successful attendance of the training program Fees: Inclusive of facilitator’s fees, materials and certificates