training@ipdc.co.id
+622150101483

Finance for Non-Finance Professionals/Managers Course

No Date Location Register
1 23 - 25 Oct 2019 Yogyakarta Register
2 18 - 20 Nov 2019 Bandung Register

OVERVIEW

Finance, financial management or accounting can be daunting for the non-finance specialist. Learn to make sense of accounting and financial reports, the assumptions on which they are based, and the limits of their accuracy. These workshops dispel the mysteries of accounting and finance, and give you the tools to report, present, and understand financial information even if you have no previous background in the subject

Increasing profits and performance are two of the major responsibilities of every one in a business organization. This workshop is designed to give you practical skills in the principles, tools, and techniques of financial management which can improve on-the-job performance and enhance your personal career development as well as enable you to communicate confidently using financial data and gain practical insights into the crucial financial measurements used.

OBJECTIVES

  • Understand annual reports, financial ratios and budgeting
  • Provide a basic understanding of accounting elements
  • Familiarize the participants with the relevant financial information needed to make management decisions
  • Practice using financial information in managerial decisions
  • Understand the basic concepts of financial reporting in the profit and lost statement and balance sheet
  • Understand and work more effectively with the financial managers of the organization
  • Increase comprehension of current analytical practices and techniques using “real-life” situations
  • Increase ability to communicate with financial executives, ask relevant questions and understand responses

TARGETPARTICIPANT                                                                                                                                             

Non-financial managers, supervisors, specialist or analyst in such areas as operations, marketing, sales, manufacturing, engineering, personnel, construction or logistics.

COURSECONTENT                                                                                                                                                     

FINANCIAL REPORTS

  • Basic Concepts
  • Balance Sheets
  • Income Statements
  • Statement of Owners’ Equity Changes
  • Cash Flow Statement

FINANCIAL STATEMENT ANALYSIS

Overall Measures

  • Return on Investment
  • Investment Turnover and Profit Margin
  • Price/Earnings Ratio

Investment Utilization Ratios

  • Investment Turnover
  • Working Capital Measures

Financial Condition Ratios

  • Liquidity and Solvency
  • Dividend Policy

Working Capital Management

  • Working Capital
  • Inventory Management
  • Account Receivable Management
  • Cash Management

The Relationship of Cost and Volume

  • Variable and Fixed Costs
  • Cost Volume Diagrams
  • Relation to Unit Costs
  • Inherent Conditions

Break-even Point Analysis

  • The Profit Graphs
  • Break-even Volume
  • Operating Leverage
  • Contribution

Capital Budgeting

  • Estimating the variables

Depreciation

  • Pay-back Period
  • Net Present Value
  • Internal Rate of Return
  • Accounting Rate of Return

Cost of Capital

The Operating Budget:

  • Project Budget
  • Flexible (Variable Budget)