# Finance for Non-Financial Managers

> Read financial statements, manage budgets and make financially sound decisions without an accounting background.

- **Provider:** Afriskora Training Solutions
- **Category:** Finance, Accounting & Audit
- **Duration:** 5 days
- **Formats:** classroom (cities across Africa), live virtual (Zoom/Teams), in-house for teams
- **Certificate:** Afriskora Certificate of Completion, verifiable online
- **Booking:** request dates and a quote; invoice and EFT payment
- **Web page:** https://afriskora.co.za/courses/finance-accounting-audit/finance-for-non-financial-managers
- **Request dates:** https://afriskora.co.za/request-training?course=finance-for-non-financial-managers

## Overview

Managers in every function make decisions that affect the bottom line. This course explains financial statements, key ratios, budgeting, costing and investment appraisal in plain language, using African company and public-entity examples, so participants can work confidently with finance colleagues.

## Who should attend

- Managers outside finance
- Technical and engineering leads
- Project and programme managers
- Public-sector officials with budget responsibility

## Learning outcomes

- Read income statements, balance sheets and cash flow statements
- Use ratios to assess performance
- Prepare and manage a departmental budget
- Understand costs and pricing
- Evaluate investment proposals

## Course outline

### Day 1: Financial statements

- The accounting cycle
- Income statement
- Balance sheet
- Cash flow statement

### Day 2: Analysing performance

- Profitability ratios
- Liquidity and solvency
- Efficiency ratios
- Public-sector reporting

### Day 3: Budgets and control

- Budgeting methods
- Variance analysis
- Forecasting
- Cost control

### Day 4: Costs and decisions

- Fixed and variable costs
- Break-even analysis
- Pricing
- Make or buy

### Day 5: Investment decisions

- Time value of money
- NPV and IRR
- Payback
- Business cases