Essentials of Finance for Non-Finance Managers

Overview

Learn how to understand, analyse and evaluate key financials

Understanding financials, from interpretation of balance sheets, cash flow statements and financial footnotes, to communicating with confidence in financial and accounting language should be a part of every manager’s tool kit.

Deciphering financial jargon and developing the ability to see the real business implications of numbers is a key outcome of this program. You will learn how to interpret financial documents, and better understand the performance of your business, enabling you to predict with a greater degree of accuracy, outcomes and future performance. Gain a solid understanding of financials, which will enable you to make critical business decisions. You will walk away from the program with greater confidence when dealing with colleagues in the finance area.

Program delivery and date

Sydney, 3 day non-residential

21st - 23rd March 2012

6th - 9th June 2012

28th - 30th November 2012

This course is Designed for

Executives and managers who need to improve their financial skills in order to make critical business decisions involving budgets, cost-savings and growth strategies.

Focus

How to analyse financial statements

How to evaluate corporate performance

Budgeting and financial report interpretation

The global financial crisis and capital markets

Sources of finance and capital markets

Capital budgeting tools such as NPV, IRR, RONI, ROI

Alternative financing debt versus equity

Financial analysis and strategic planning

Role of the stock exchange and alternative investment opportunities

Benefits

A thorough understanding of financial terms

Essential budgeting and investment decision-making skills

Insights into how to finance different projects

Improved forecasting of business performance

Adapting strategy to avoid issues or take advantage of observed trends

Sound decision making based on fact rather than feel

 

"Fantastic 3 days, was often out of my comfort zone but my knowledge has improved 10 fold. Bravo Zoltan!"

Fiona Moylan - Business Manager Digital, Westfield Ltd

Learning Approach

This program incorporates lectures, discussions and hands-on analysis and case studies to provide you with a financial literacy, the skills to interpret financial reports and communicate effectively with finance and accounting departments.

Pre-program Preparation

This program is supported by the AGSM Executive Programs e-learning platform. Prior to the program you will be asked to bring a copy of your company's Annual Report*.

*If you can not obtain one, we will provide you with a sample.

Program Agenda

Presenting faculty

Program Director - Ken Trotman

Ken Trotman is Scientia Professor in the School of Accounting in the Australian School of Business at UNSW. He is a fellow of the Institute of Chartered Accountants in Australia and a fellow of the Australian Society of CPAs. He has been involved in accounting and management education for over thirty years, having held visiting appointments at Cornell University, The University of Michigan and the University of Illinois, Champaign-Urbana.

Ken received the 2001 ‘Outstanding Auditing Educator Award’ from the American Accounting Association (AAA) and the ‘Notable (Lifetime) Contribution Award in Behavioral Accounting Literature’ in 2009 from the AAA. In 2011 he was inducted into the Australian Accounting Hall of Fame.

Ken has published numerous articles in leading journals in Australia, UK and the USA. He has a wide range of consulting experience with the accounting profession and has extensive experience in the design and presentation of materials for accountants and non-accountants in both the private and public sector, including teaching executive MBA programs in Australia, USA and Asia.

 

 

**2007–2010 Financial Times (UK) Customised Executive Education Rankings

Sub courses
Essentials of Finance for Non-Finance Managers - agenda