Improving your Management Potential with Finance Awareness
At the end of this workshop the participants will be able to:
Appreciate the significant importance of cash flow rather than profit and discounted cash flow DCF in creating value for optimal
decision-making to maximize shareholder wealth.
Analyze the income statement or profit and loss account, balance sheet, and cash flow statement, and use ratios to interpret the
financial statements and be aware of their limitations.
Appreciate the key role played by the HR department in the organization’s budget process and preparation of the master budget,
and the use of techniques like activity-based budgeting ABB.
Use the techniques of break-even analysis, budgetary control, capital investment appraisal, capital budgeting, and variance
analysis for budgetary control.
Identify each of the costs required to manage a modern HR department to be able to prepare its annual budget and manage its
Use their financial knowledge for improved planning and management decision-making
The strategic and operational role of the Finance Function
How to understand and analyse financial reports?
The principles of accounting and financial reporting
How we can ensure that investment returns meet the stockholders expectations?
How management accounting helps to maintain control and improve efficiency?
WHO SHOULD ATTEND?
HR Professionals who want to develop their financial skills
Senior Professionals from various departments
Executive Managers from various departments
Sales and Marketing Executives
Any Non-financial Professionals who are required to read, interpret, and contribute to business financial reports
Senior Professionals of manufacturing, Marketing, Engineering