Finance for Non-Financial Persons
It aims to provide basic concepts and skills in the field of finance to participants who do…
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It aims to provide basic concepts and skills in the field of finance to participants who do not have a financial background, enabling them to understand and apply financial principles in their daily work and make decisions based on sound financial foundations.
Course Objectives:
1) Understanding basic financial principles: Enable participants to understand basic financial terms and concepts that affect the work environment.
2) Reading and analyzing financial statements: Learn how to read financial statements (such as the balance sheet and income statement) and analyze financial statements properly.
3) Making informed financial decisions: The ability to make informed decisions about budget, expenses and investment based on financial analysis.
4) Preparing simple financial reports: Learn how to prepare financial reports that contribute to making strategic decisions in the business.
5) Managing cash flows: Understanding how to manage the company’s cash flows and analyze expenditures and profitability.
6) Understanding the evaluation of the financial performance of the institution: The ability to measure the institution’s performance using financial indicators and analyze the results effectively.
7) Financial planning and budgeting: Learn how to prepare budgets and financial planning for the future based on the institution’s needs.
What Will You Learn?
- By studying the "Finance for Non-Financial" course, the trainee will acquire the skills and knowledge necessary to understand the basic financial principles that affect daily business decisions. The most important of these skills are:
- 1) Understanding basic financial terms: Learn financial terms such as profit and loss, revenue and expenses, and balance sheet, to enable the trainee to communicate effectively with financial teams.
- 2) Reading and analyzing financial statements: How to read and analyze basic financial statements such as the financial statement and income statement to understand the financial status of the organization.
- 3) Making informed financial decisions: Learn how to make calculated financial decisions based on the information available from financial reports.
- 4) Preparing the budget and expenses: Acquiring the skills necessary to prepare the budget and analyze expenses in the organization more accurately.
- 5) Understanding returns and investment: Learn how to measure and evaluate returns on investment and maximize financial resources.
- 6) Analyzing the financial performance of the organization: Learn how to use financial indicators to measure the performance of the organization and analyze the strengths and weaknesses of financial operations.
- 7) Understanding financial planning: Learn how to plan financially in the short and long term and develop strategies to improve the financial performance of the organization. 8) Financial communication with other departments: Acquire skills to communicate effectively with other financial departments to integrate financial strategies with the overall goals of the organization.
