Training & Development  > Financial Management
FINANCE FOR NON-FINANCIAL MANAGERS

PURPOSE:

The aim of the program is to define general finance concepts to non-financier managers and to ensure that managers get the maximum benefit from the financial instruments at hand in the strategic management of companies.

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CONTENT:

• Basic Definitions

• Financial Markets and Macroeconomic Analysis

  • Reflections of company strategies and financial instruments on financial statements

• Interaction Between Accounting-Finance-Production-Audit

• Fundamentals of Accounting

  • Accounting equation and balance sheet

  • What is an income statement?

  • Interaction between balance sheet and income statement

  • Is the money available in the safe “company income”?

• Cost Logic and Control of Expense Items

• Financial Statements and Some Valuations (Income Statement, Trial Balance, Inventory and Cash Flow Management)

• What is the "Trial Balance" and How Do We Follow the "Trial Balance"?

• Cash Flow and Its Importance

• What Banks Want to See in Financial Statements

• Estimation of Working Capital Needs and Net Working Capital Management

• What is Budgeting? How to use?

  • Joint use of necessary information in budgeting and reflection of parameter changes on income statement and other financial data

• The concept of “Net Working Capital” and the “instruments” that can be used, “liquidity” and debt management

• Financial Decisions and “Finance Mathematics”

• Local Financing Opportunities-Transaction Selection and Valuation of the “Foreign Investor” Company-Financial System (Bank-Investor-Shareholder) Main Points in Information Exchange

• Possible Effects of Foreign Transactions on Company Balance Sheet and Income Statement

• Possible Effects of “Inflation Accounting” Application on Balance Sheet and Income Statement

 

NOTE: Participants are required to have a calculator with them during this training program.

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DURATION: 

6-8 Days

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PARTICIPANT PROFILE:

All employees involved.