“Finance for Non-Financial Managers” is a workshop developed to enhance your ability to understand financial reports, better communicate with financial officers in your organization, evaluate your unit's financial performance, and make sound financial decisions.
Basics of financial accounting and understanding financial statements
Definition of relevant terms/Introduction to financial statements/Analysis and interpretation of Financial statements
Working capital management
Components of working capital/Methods of managing working capital/Working capital/Operating cycle/Working capital management and decision-making.
Short term decision-making
Types of costs/Concepts of marginal costing/ Make or buy decisions/Discontinuation of a product
Evaluation of investment projects
Cash flow versus profitability/Meaning and features of long term investment decisions (capital budgeting)/Approaches to capital budgeting/ Practical application of net present value and internal rate of return / Case study and illustrations.
Facilitator: Philemon Ruto
Duration: 3 days
Date: 11th – 13th November 2019
Costing: SCR 1800 per person per day