Finance for the Non Financial Executives
The Finance for Non Finance Executives course provides a practical guide to analysing financial data and understanding the implications of decisions and financial performance. This masterclass introduces all aspects of financial management from planning through to budget review and reporting on financial outcomes.
What we cover
- Accounting for business transactions
- Use of debits and credits
- Prepare income statements
- Interpret balance sheets
- Analyze cash flow statements
- Prepare adjustment entries
- Understanding financial statements
- Financial analysis
- Working capital management
- Preparing operating budgets
- Making capital budget decisions
- Financial decision making.
Benefits of attending
By the end of the two sessions the participants will be able to:
- Define accounting and the accounting cycle
- Demonstrate knowledge of the basic accounting equation, double-entry bookkeeping, and the new automated accounting systems
- List the key financial statements (balance sheet, income statement, changes in shareholders’ equity and cash flow statement) and their components
- Define the four key financial statements: balance sheet, income statement, cash flow and changes in owner equity as well as key financial terms such as profit, margins and leverage used in organizations
- Interpret the financial health and condition of a company, division or responsibility center and use financial information for management and evaluation
- Practice financial statements’ adjustments at month and year-end
- Distinguish between accounting and finance and explain the finance role in running businesses
- Prepare a company’s operating budget and relate it to the organization’s strategic objectives
- Apply capital budgeting techniques and cost-volume-profit analysis to enhance decision making.
Who should attend?
- Business executives
- Line managers
- Heads of Departments
- Chief Information Officers
- Members of Audit Committees
- Internal Audit Managers
- Risk Officers.
Meet your course directors:
BA, CA, FCA, MIIA, MAICD
Jay is a commercially focused Fellow Chartered Accountant, business consultant, advisor, executive trainer and author with extensive executive-level experience. Jay recently retired from being a Partner with Barker Henley in Sydney, Australia where he led an experienced team in risk advisory, internal audit, business consultancy and executive training practice. Understanding the complexities of today’s domestic and global businesses, Jay’s career involved providing a range of truly seamless strategic risk and business advisory services.
Prior to joining Barker Henley, Jay was a specialist Risk Partner with ‘Big 4’ firm, Deloitte, and held executive positions with major national and international companies. He has set up and managed commercially driven Internal Audit and Risk Management, Financial Management and Business Improvement functions in large multi-nationals. Jay has extensive experience in risk management, business improvement, finance management, audit, governance, investigations and project management for organisations in Australia, the UK, USA, Asia and North Africa. His expertise has ensured the successful implementation of business improvement initiatives focused on enhancing profitability, cost savings and cash flow.
Jay’s experience spans several industries including, but not limited to, government, education, banking and finance, manufacturing, retail, distribution, insurance, healthcare, publishing, transport and not-for-profits. His achievements enabled companies, both nationally and internationally, continual business improvement, enhanced KPI achievement and improved performance.
Jay is an accredited trainer and has provided training for Chartered Accountants Australia and New Zealand, the Institute of Internal Auditors and the Australian Institute of Management. He is regularly invited to facilitate industry conferences in Australia and internationally on risk management, business and profit improvement and internal audit.
Qualifying as a Chartered Accountant with Ernst & Young in the UK, Jay is a member of the Institute of Chartered Accountants of Scotland, Fellow with Chartered Accountants Australia and New Zealand, member of the Australian Institute of Company Directors and the Institute of Internal Auditors – Australia. He holds a Bachelor of Accounting and Business Law from the University of Stirling, Scotland.
The BMTG training style
- BMTG employ best practice interactive training techniques.
- All of our Trainers are highly experienced practitioners who have operated successfully in the field and are with BMTG by reputation and invitation only. We have no ‘beginners’. All of our Trainers have themselves been trained in BMTG techniques and our style is common throughout our entire portfolio of courses.
- The BMTG technique involves classroom lecturing, highly intensive case study / role playing sessions, classroom interaction and feedback, one to one coaching from the Trainer, and a final examination.
- BMTG have found this to be one of the most effective training methodologies to date and many large multinationals and training companies have also taken up this approach.
Schedule and Pricing
- 9:00 – 12:00 CET (Central European Time)
- 12:00 – 15:00 GST (Gulf Standard Time)
- Early bird pricingBook and pay before 11, February 2021$549.00
- Standard pricing$749.00
Download Brochure and Articles
To learn more and view the course outline fill the form below to download the brochure and related articles.