GIBS 2024 Upcoming Short Courses : Finance for Non-Financial Managers

GIBS 2024 Upcoming Short Courses : Finance for Non-Financial Managers

Programme Information

Finance for Non-Financial Managers September 2024

Start date
25 September 2024
End date
28 September 2024
Application opening date
03 July 2024
Application closing date
21 September 2024
Amount
R17,700
Venue
GIBS
Contact Information
Mathabo Khoadi: +27 11 771 4159
khoadim@gibs.co.za

A programme that will demystify and ‘lift the veil’ surrounding financial data.

Decisions employees make daily in business often have a notable impact on the organisation’s financial standing.

However, many people do not understand the importance of assessing how their decisions impact the organisation’s bottom-line. Not being able to interpret financial statements fuels this lack of understanding.

This four day programme is for those who want to improve their understanding of the financial ramifications of their decisions – whether these relate to an impact on the income statement, balance sheet or cash-flow statement. Through a mixture of classroom lectures, practical exercises and interpretation of financial statements, this course will help delegates to ‘lift the veil’ surrounding financial data

Please click here to download our EXECUTIVE EDUCATION Calendar

Who should attend?
  • This programme is designed to provide managers in non-financial positions with a practical understanding of finance and accounting; and
  • It is assumed that delegates will have no formal accounting or finance knowledge prior to attending this programme.​
How you will benefit:

At the end of this programme, you should be able to:

  • Plan more effectively as to take the financial impact of your decisions into consideration;
  • Identify what causes and drives costs;
  • Gain insight into working capital management;
  • Apply key ratios and performance measures;
  • Understand growth, cash-flow and profitability considerations;
  • Implement the concept of contribution and marginal costing;
  • Calculate discounted cash-flow and capital costs; and
  • Comprehend the principles of valuation and value creation from an economic perspective.​​
Key Focus Areas:​

Day 1:​​​

  • Introduction to annual financial statements;
  • Judgmental issues / notes and policies; and
  • ​Case studies analysis.
Day 2:

  • Recap of day 1 and introduction to costing;
  • Absorption costing / cost  allocations;
  • Marginal costing; and
  • Break-even analysis.