Finance for Non-Finance Professionals
ACCOUNTING & FINANCIAL MANAGEMENT PROGRAMS
FINANCE FOR NON-FINANCE PROFESSIONALS
| Duration | 3 Days |
| Course Style & Assessments | Highly Participative with 70% practical application and 30% theory coverage and Participants’ Practical tasks assessed through Presentations |
| Benefits | Practical skills and knowledge, stimulating, meals and refreshments, presentations, materials, certificate of attendance and Free two-months support service. |
SPECIAL SERVICES FOR OUR INTERNATIONAL DELEGATES In addition to the above listed benefits, the NIT Corporate Training and Events Management team will provide the following to our international delegates:
- Facilitation for entry Visas where required
- Transport from and to the International Airport on arrival and when going back
- Accommodation reservations
- Transport for shopping where needed
- Transport, accommodation and meals to tour one of our Namibia’s beautiful Destinations (Coastal Towns -Swakopmund and Walvis Bay OR Etosha National Park
- A Notepad/Tablet.
FINANCE FOR NON-FINANCE PROFESSIONALS
Introduction
Our Finance for Non-Finance Professionals workshop introduces Financial Statements at a fundamental level. You will be able to read accounts and understand financial issues after the course.
Financial jargon and concepts will be explained in a down to earth manner. If you are a Professionals or Managers who are required to know and understand Finance this workshop is ideal for you.
All the National Institute of Technology (NIT) training programmes have been developed by the industry experts to suit the needs of the industry and are aligned with the fundamental National Developmental Plans Goals of Namibia and those of all other SADC member countries thus effectively contributing towards the national and SADC regional economical, industrial and prosperity developments. Our course programs and delivery styles are very stimulating with practical based contents. They provide modern hands-on relevant skills and knowledge that empower all participants at all levels of every organization to practically apply the gained skills and knowledge in their respective duties without difficulties hence being productive, respected and valued by every employer and colleagues. Participants are assessed through group and/or individual tasks which involve presentations.
NIT provides 2 months Free Support service to all the participants to support them in implementing or using the skills and knowledge gained from any of our course programs.
FINANCE FOR NON-FINANCE PROFESSIONALS
Objectives
Upon completion of this workshop, participants will be able to:
- Build a platform to demonstrate the effects of underlying accounting principles on financial statements
- Appreciate the interplay of finance and financial management with other stakeholders in the organisation
- Understand the construction of financial statements and analyse them using ratios with the lens of accounting principles
- Identify factors leading to business failure and explore solutions from the finance perspective
- Implement financial controls to enhance proper stewardship/governance to protect interest of stakeholders
FINANCE FOR NON-FINANCE PROFESSIONALS
Who Should Attend
This workshop is to benefit anyone who wishes to gain an insight into Financial Management
FINANCE FOR NON-FINANCE PROFESSIONALS
- Financial statements – Understand the main components of a typical set of financial statements or annual report – Appreciate the key underlying accounting concepts used in the preparation of financial statements
- Business Analysis – Know how to interpret financial statements and analyse businesses using the 7-step approach – Perform a SWOT analysis using financial statements
- Cash Operating Cycle – Understand the cash operating cycle and what affects a company’s cash flow – Manage the cash operating cycle
- Costing – Know the different categories of costs which exist and their implication on costing – Understand costing concepts, and apply them in making business decisions
- Budgeting, Forex and Taxation – Have an appreciation of budgeting and the effects of foreign exchange movements and taxation on financial decisions
- Investment Appraisal Tools – Understand the payback period, net present value and internal rate of return methods of project appraisal in decision-making – Understand briefly the concepts of shareholder value, gearing and weighted average cost of capital
METHODOLOGIES
- Pre and Post Assessment
- Power point presentation
- Highly interactive session
- Case study
- Group discussion
- Group presentation
FINANCE FOR NON-FINANCE PROFESSIONALS
How to Register for this Training
To register, please complete the attached registration form and e-mail or fax it back with proof of payment to: The Conference Organizing Committee; contact Person: Mr. Frederick Chizu Simpungwe at:
- E-mail:info@nit-edu.org
- Fax No.: +264 886559294 & Cell: +264 81 3294977
We also have Conference Sponsorship and Exhibition Opportunities. If your organization is interested to sponsor or exhibit at this important conference, please contact the office on info@nit-edu.org
Please find attached herewith a registration form with rates and the conference draft program. If you need any further information, please feel free to contact the undersigned.