Finance for Non-Financial Staff

P-E Corporate Services SA (Pty) Ltd Management Consultants

Finance For Non-Financial Staff

A Two-day programme for Financial Staff with no Formal Accounting Qualifications as well
as Non-financial Personnel in Marketing, Sales, Administration and Production.

All managers regardless of their functional specialisation require a basic knowledge of finance if they are to operate effectively. They must therefore have a good understanding of basic accounting concepts and financial management techniques if they are to properly manage the business resources and make a positive contribution to their organisation’s growth and profitability.

This Programme Will Highlight

• Why financial planning is important and how all business activities contribute towards the company’s future growth and profitability.
• Understanding financial terms and interpreting financial statements.
• How each of the functions within an organisation impacts the company’s cash flow and working capital management.
• How financial information can assist managers to monitor and control their operations, activities and resources.

By the end of this Programme Delegates:

• Will have become familiar with accounting and planning fundamentals.
• Will be able to communicate more effectively with accountants and financial personnel.
• Will be able to apply basic financial concepts and terminology in decision-making and budgeting.
• Will have developed an understanding of how economic events are recorded and subsequently flow into financial reports.

Course Content

• The Language of Finance and Accounting
• Costing Your Products and Services
• Cost Behaviour and Short-Term Decision Making
• Managing Cash Flow
• Understanding Financial Statements
• Budgetary Control