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Finance for Non-Finance Managers - Lagos

By: Reenel Associates

Lagos State, Nigeria

11 - 15 May, 2015  5 days

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As different organizations under different sectors are continually requiring their managers to handle budget interpret and understand financial statement, it has become imperative for all to have a background understanding of financial terms etc. This course therefore, will be a useful and interesting for managers in any non-financial function, who are responsible (currently or after promotion) for improving the financial performance of a business unit and/or are required to take financial issues into consideration when evaluating customers or suppliers, constructing budgets, setting prices, controlling costs or making capital investment proposals.

Course Objectives:

  • See how finance impacts on their whole business
  • Read and interpret their statutory accounts that include balance sheets and profit and loss accounts
  • Use balance sheet information to make better business decisions
  • Understand the difference between profit and cash flow
  • Use management ratios to analyse and improve business performance
  • Produce financial reports that can make a real difference to the running of their profit center
  • Make costing and pricing decisions
  • Improve credit control and working capital issues

Course Outline:

  • Financial Management
  • Understanding Balance Sheets
  • Analyzing Profit And Loss Accounts
  • Cash Flow Forecasts
  • Improving Capital Projects Assessments
  • Conventional Costing
  • Pricing to Deliver Strategic and Tactical Objectives
  • Making Better Financial Decisions
  • Using Management Ratios to Improve Performance
  • The Working Capital Cycle
  • Personal Development Plan
Lagos May 11 - 15 May, 2015
NGN170,000.00
(Convert Currency)

08053338830; 08135880772