Finance for Non-Financial Managers
If you are not confident working with financial concepts and language, you are not alone! More and more, managers are expected to make financially based decisions without the assurance of a formal financial background. Finance for the Non-Financial Managers covers the fundamentals of financial literacy and provides a foundation for you to understand and use financial information in decision making, including resource allocation and evaluating financial performance. It is in-depth and practical, demystifies financial concepts and provides practical techniques.
By the conclusion of the course you will have more clarity, be able to connect the facts with figures and communicate easily in financial terms. You will leave with a thorough grounding in finance and how it works; enabling you to understand the financial implications of your business decisions. The training aims to clarify financial concepts, is informative and practical.
- Demonstrate an understanding of the key concepts of managerial finance
- Interpret financial statements
- Describe and prepare financial forecasts
- Draft budgets according to the operational plan of a unit
- Review and modify drafted budget to ensure alignment to operational plan
Nonfinancial managers and anyone who wants to develop their knowledge of financial practices to improve their managerial skills
Learning Delivery Method
Stand-alone classroom-based accredited course
Unit Standard Alignment
SAQA ID: 252040 NQF Level: 5 Credits: 8
US Title: Manage the finances of a unit