The British Academy for Training and Development offers the Finance for Non-Finance Professionals Course. The course includes coverage of financial statements, teaching attendees to appreciate concepts behind balance sheets, income statements, and cash flow statements. It introduces financial analysis as a way for learners to evaluate important metrics and assess business performance. In addition, the course offers insight into budgeting and forecasting, so that experts will be able to compile an effective financial plan. Attendees become familiar with the principles of cost management, learning proven techniques for keeping costs down and maximising profits. Further, aspects of investment decision-making are also touched upon as providing professionals with guidance on how to assess projects and financial risks. Corporate finance, including what it means, and understanding financial markets are also discussed for options on improving strategic planning. 

At the end of the course, attendees will apply confidence in the utilisation of the financial concepts applied in their roles, enhancing contribution to the success of the business.

The main objectives of this course are:

Understand all financial statements and their applications in business decisions. Key areas in financial analysis shall be improved with skills to give the analysis of key metrics effectively.Knowledge to carry out budgeting and forecasting to achieve effective financial budgeting.Optimise business costs by knowing the effective ways of managing costs.Understand how investment decisions are made for better evaluation of finances.Introduction to corporate finance and financial markets. Establish financial literacy for strategic business growth.Interpret the financial health and condition of a company, division, or responsibility center and use financial information for management and evaluationPrepare an operating budget and relate it to the organisation's strategic objectivesApply capital budgeting techniques to evaluate long-term decisions in projects and capital expendituresWho Should Attend?

This course is applicable to:

Managers and executives who do not have financial background.Business owners and entrepreneurs keen on acquiring financial knowledge.Professionals in the areas of marketing, HR, operations, or administration.Anyone concerned with financial decisions in their organisation. How will attendees benefit?: 

Attendees will learn in this course valuable financial skills that improve their professional capability and impact in decision-making. The benefits from this course include:

Improved Financial Literacy: A good command over financial statements, budgeting, and cost management.Better Decision-Making: Use of financial insight in informed business choices and better operational efficiency.Better budgeting and Planning: Knowledge to create realistic budgets and financial forecasts to support growth. Increased Cost Saving Awareness: Apply measures towards cost savings.Keep Your Investment Evaluations Rigorous: Understand how to assess investment opportunities as well as financial risks.Increased Confidence in Financial Conversations: Using the correct terms in finance when communicating with finance teams and stakeholders. Career Progression: Build the financial knowledge to take on leadership roles and contribute towards strategic planning. 

Attendees will leave this course and be able to apply financial principles to their workplace in smarter business decisions and overall enterprise success.

1. Introduction to Finance

• Importance of financial knowledge in decision-making

• Key financial concepts and terminology

2. Understanding Financial Statements

• Balance sheets: Assets, liabilities, and equity

• Income statements: Revenue, expenses, and profit

• Cash flow statements: Operating, investing, and financing activities

3. Financial Analysis and Performance Measurement

• Key financial ratios and their interpretation

• Profitability, liquidity, and solvency analysis

• Using financial data for business insights

4. Budgeting and Forecasting

• Importance of budgeting in financial planning

• Forecasting techniques for business growth

• Managing financial resources effectively

5. Cost Management and Control

• Identifying fixed and variable costs

• Strategies for reducing and optimising costs

• Cost-benefit analysis for decision-making

6. Investment Decision-Making

• Understanding capital investment and ROI

• Evaluating financial risks and returns

• Tools for assessing investment opportunities

7. Corporate Finance and Financial Markets

• Overview of corporate finance principles

• Role of financial markets in business

• Understanding financing options (equity, debt, loans)

8. Practical Applications and Case Studies

• Real-world business scenarios

• Applying financial concepts to workplace decisions

• Hands-on exercises for practical learning