NB: This course is also available via distance education. For details click here
Knowledge of the language of accounting along with the ability to prepare a solid business case is a vital skill for today’s manager. This course is suited to non-financial managers who need knowledge of financial management and profit performance evaluation.
How will this benefit me?
This course will teach you how to interpret financial statements, develop well-reasoned and meaningful budgets, judge the viability of capital projects in cash flow terms, and improve your skills in cost control, profit planning and profit improvement. You will also learn:
• How to analyse and interpret balance sheets, income, cash flows, internal budgets
• Internal management reporting concepts: costing systems, budgeting, break-even analysis, contribution margins and cost-volume-profit analysis
• How to evaluate investment proposals and sources of finance
• How to develop and implement performance measures
How will this benefit my organisation?
In this course participants learn how to read, interpret and analyse financial information and reports in order to make better business decisions and optimise resources. Managers who understand the processes for managing financial resources are able to identify areas for improvement and make informed decisions to improve the bottom line.
