Financial Bootcamp for Non-Financial Professionals

Business professionals and managers in any organization rely upon financial information to enable them to effectively undertake their roles. Financial information can provide a clear picture of events that have occurred, and a sound basis for forecasting future events. It can also show whether activities are cost-effective, whether targets have been met and can be used to measure comparative performance and profitability.

This Financial Bootcamp for Non-Financial Professionals training course would be helpful to you and your company as it is vitally important that managers are able to understand, interpret, and utilize financial information and reports, and can acquire the knowledge and skills to apply financial techniques to financial data, to inform logical and worthwhile decision-making.

This Financial Bootcamp for Non-Financial Professionals training course will feature:

• The role of the Finance Function, in transaction recording and reporting, management control and decision-making, raising finance, internal control and risk management
• The basic principles of financial accounting and reporting, the three main financial statements and how they are prepared and presented
• Review and analysis of published financial reports and how they are perceived by various stakeholder groups
• Internal accounting procedures and techniques used in organizations to control operations and inform profitable decision-making
• Identifying, managing and controlling financial risks wherever they occur in our business

By the end of This Financial Bootcamp for Non-Financial Professionals training course, participants will be able to:

• Explain the purpose of the three key financial statements ‘Income Statement, Statement of Financial Position and Cash Flow Statement’
• Evaluate the performance and position of an organization by analyzing their Annual Financial Report
• Apply the internal accounting procedures & techniques of ‘product costing, cost-volume-profit analysis and budgeting
• Apply a range of investment appraisal techniques to determine whether proposed investments are likely to be worthwhile
• Demonstrate a range of methods, tools and techniques available to manage financial risks in multinational organizations

This Financial Bootcamp for Non-Financial Professionals training course is designed for those non-financial staff who have a significant role in ensuring the success of their organization. These could include professionals in the areas of:

• Sales and marketing
• Logistics and supply
• Human resource
• Production and engineering
• Risk management and internal audit

This Financial Bootcamp for Non-Financial Professionals training course would also be useful for consultants and advisors who work with business organizations, such as bankers and lawyers, and non-executive directors.

This AZTech Bootcamp training course will develop and reinforce delegate’s practical skills, and abilities in understanding and applying financial information and techniques. Delegates will be provided with high quality, comprehensive, but accessible course notes. This will ensure that they are well prepared to become actively involved with the course and to work effectively as individuals and in teams, on the teamwork exercises in each topic area, supported by help and advice by the trainer.