FINANCIAL MANAGEMENT FOR NON FINANCIAL BACKGROUND

February, 10th -12th 2010 Yogyakarta


In order to maximized their contribution to the business, all managers and staff need to have a solid understanding of finance. The aim of this course is to give managers and staff from a non-financial background the opportunity to gain a better understanding of the basic principles of business finance and become more confident in addressing matters of a financial nature. By the end of this program, participants will better understand:
• The role of finance in business
• Commonly used financial terminology
• How to read financial statements
• The role of finance in planning and decision making


TRAINING OUTLINE

Business and finance
• The concept of risk and reward
• How business organized itself
• The role of finance in business
• How businesses develop and grow
Understanding financial statements
• Users of financial statements and their needs
• What is meant by accounting and financial reporting
• Basic book-keeping
• Accounting principles, conventions and rules explained
• The Profit & Loss Account, Balance Sheet and Cash Flow Statement
Financial management
• Reading and interpreting financial statements
• Ratio analysis
• Breakeven analysis
• Cost accounting
• Working capital management and cash flow forecasting
• Gearing and equity and debt financing
• Raising finance in business
• Business valuations
Financial planning
• The constituents of a good business plan
• The planning process
• Variance analysis
• Capital budgeting
• The role of finance in the planning process

TRAINING METHOD
• Lecturing and Class room session
• Case Study
• Interactive sharing information and experience
• Group discussion, question and answer session

INFORMATION & REGISTRATION
Phone : (62-21) 798.0210
Fax : (62-21) 798.0170