Finance and Accounting for Non-Financial Managers

Cyprus International Institute of Management

How long?

  • 3 days
  • online

What are the topics?

Cyprus International Institute of Management

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Who should attend

Managers from all departments, except from Accounting and Finance

About the course

The course will provide participants with the ability to interpret the key information contained in the annual financial statements.

By understanding financial statements, participants will be in a better position to identify the financial strengths and weaknesses within their own organisation and with other companies in which they may have an interest. Furthermore, participants will be introduced to the main principles of financial planning.

Programme Focus

  • The role of accounting and finance in the management process
  • Assets, liabilities and equity
  • Communicating financial performance
  • Current vs. Fixed Assets
  • Financial statements
  • Capital Employed
  • Measuring and reporting profitability
  • Gearing and Liquidity
  • Current vs. capital expenses
  • Cash Flow Statements
  • Depreciation rules
  • Ratios
  • Tracing changes in revenue, costs and income
  • Steps of the Financial Planning Process
  • Balance Sheets
  • Forecasting sales and net income
  • Variance Analysis and KPIs
  • Budgeting
  • Break-Even Analysis and Cost-Optimisation
  • External Financing
  • Practical examples, cases and illustrations from local and international companies

Key Outcomes

  • Understand the principles involved in preparing financial statements
  • Understand the budgeting and reporting process
  • Appreciate the limitations of financial statements
  • Master practical tools of financial analysis

Benefits for you

  • Learn the terminology of accounting & finance
  • Interpret and utilise the information contained in financial statements
  • Identify ways of increasing cash-flows

Benefits for your organisation

  • Applying financial tools and concepts in the real world
  • Evaluating the company’s health through its annual report
  • Comparing public and private sector practices
  • Recognizing potential traps in creative accounting

Experts

Stelios N. Markoulis

Dr. Stelios N. Markoulis studied finance at Cass Business School (BSc, MSc, PhD) and London School of Economics (MSc). He currently teaches in the area of finance – as a member of the visiting faculty – at University of Cyprus, Cyprus International Institute of Management and Cyprus Open Universi...

Videos and materials

Finance and Accounting for Non-Financial Managers at Cyprus International Institute of Management

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Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.