The Understanding and Interpreting Financial Statements for Non-Finance Personnel workshop is designed to provide basic knowledge of accounting and finance for executives and managers in marketing, operations, HR & IT, entrepreneurs and self-employed professionals with non-finance background. It demystifies finance by explaining simply and clearly what the ley financial statements mean, how they work and relate to each other and how to apply key management ratios to evaluate the strengths and weaknesses of the business operations.
This 2-day workshop aims to provide the delegates with a good understanding of what a financial statement is, how to interpret them and why they are necessary for their organization. This is done in a practical, hand on manner; so that they can take the tools and information provided and immediately apply it in their organizations. This workshop is especially useful to managers of all levels.
They will learn how to better use these well-established and accepted tools whilst also learning about more recently developed tools. All of the tools, tips and tricks presented will help the delegates assist their organizations in reviewing financial decisions whilst providing practical tips to assist them in interpreting their financial statements
Key benefits of attending this workshop
By end of this course, delegates will be able to:
- UNDERSTAND their company’s financial statements
- PROVIDE meaningful and insightful contributions on financial matters
- INTERPRET what the financial information is telling them
- EVALUATE their future plans and projects from a financial perspective
- INDENTIFY potential problems within their business earlier
- DETERMINE the appropriate course of corrective action to identified problems
- BETTER MANAGE their own finances
Who Should Attend
The seminar is specifically designed for C-Level Executives who are tasked with determining the best course and direction for their companies:
- CEO, COO
- Head of Operations
- Sales Directors
- Marketing Directors
- Human Resource Directors
- Non-financial Executives
- Decision Leaders
- Senior Non-Financial MANAGERS in all Areas of your Business
And other Non-Financial Staff within the Organization who are required to have an Understanding of Finance.
Why you should Attend?
To many non-financial managers, the world of financial terminology and statements is often unclear ... confusing ... even downright frustrating. But, the truth is, buried within those numbers are often the answers you need to make smart business decisions.
Have you ever found your attention wandering off when your colleagues start talking about your company’s finances? Have you ever looked at a set of financial statements only to put them down straight away? Have you ever been in a meeting where finances are being discussed and you have found yourself either not understanding what is being discussed or not being able to contribute meaningfully to the discussion? If you answered yes to any of these questions, then this course is for you.
Here you will be taken through a very practical and informative workshop on understanding and interpreting financial statements. You will learn some of the important tools to use when reviewing financial statements. You will learn some of the common pitfalls of financial analysis and how to avoid them. Your will learn the importance of having a holistic view of financial aspects of your company and industry.