Finance for Non-Financial Managers
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Planning the success of a company means understanding its financial performance. Period. We all need a basic financial understanding and a fundamental vocabulary to map our work to what matters most in business. This three-day workshop introduces the basics of accounting and finance, so you have the language, tools and techniques to become a more intelligent user of finance and accounting reports and information.
This workshop will help you simplify, understand and apply data from financial reports and budgets. You will gain the confidence to ask to ask better questions and make more informed financial decisions. When meeting with department/finance managers, you will be able to positively communicate how your department contributes to the overall financial performance of your organization.
- Analyze historic performance through the use of the three main financial statements: Income Statement, Balance Sheet & Statement of Cash Flows
- Learn how to prepare and use monthly operating budgets and how to analyze budget variances
- Understand the time value of money and how it is used to evaluate large projects and purchases
*The online Harvard Manager Mentor Finance Essentials Module will be provided to students prior to the course as prep material.
Who should attend
This workshop is designed for mid-level professionals, small business owners and consultants who do not have formal training in finance and accounting. It is for who professionals who want to become more intelligent users of finance and accounting information.