Finance for Non-finance Executives

Overview

Finance for Non-Finance Executives addresses the needs of functional managers and executives from various fields of specialization who want to gain a more integrated perspective of the inter-related functions of a firm. The course provides an understanding of the financial tools and techniques and their applications to various managerial functions and strategic decisions. The program’s tiered structure is appropriate for managers and executives with varying levels of familiarity with Accounting and Financial functions within the firm and concepts and processes therein.

Course Outline

  • Managerial use of financial statements

    • Objectives and Role of the Accounting and Finance
    • International Financial Reporting Landscape: Implications to Financial Statements
    • The Structure and Contents of the Financial Statements
    • Detecting financial risk

     

    Managing financial performance

    • Tools and Techniques of Financial Analysis
    • The Du Pont Method of Financial Analysis
    • A close look at ROA and ROE
    • Analyzing profit drivers

     

    Managing cost and profit

    • Understanding Costs for Management Decisions
    • Allocation of Overheads
    • Cost-Volume-Profit Analysis
    • Costing and Product Pricing
    • Methods of Costing

     

    Short term financial planning

    • Working Capital Management
    • Cash Budget and Management
    • Receivable and Inventory Management

     

    Capital budgeting and long-term decisions

    • Use of Time Value of Money in Capital Budgeting
    • Principles of Estimating Cash Flows
    • Techniques of Evaluating Capital Expenditures

Target Group

  • Non-finance Executives, Managers, Entrepreneurs, Decision Makers

Duration & Schedule

  • 10 hours | 05 weeks
  • Wednesdays from 6.30pm to 8.30pm
  • Commencement: 03rd November 2021

Method of Delivery

  • Online via MS Teams

Course Fee & Payment Terms

All-inclusive per participant fee: LKR 9,900/-
Please make the payment to following bank account and email the receipt to pdu@iit.ac.lk before the commencement of the programme.
Account Name: Informatics Institute of Technology Limited
Account Number: 0036 1000 3876
Bank: Sampath Bank
Branch: Wellawatte Super
Bank Code: 7278
Branch Code: 36
Your Reference: Invoice No or NIC Number

For further details, please contact

IIT Professional Development Unit

076 149 0876 | pdu@iit.ac.lk

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