Finance For Nonfinance Managers

COURSE DURATION 5 DAYS
Date: 20^th to 24^th July 2026

The Finance for Non-Finance Managers course is designed to provide professionals from non-financial backgrounds with the essential skills to interpret financial data, manage budgets, and make informed business decisions.

Highlights of this Finance for Non-Finance Professionals Training Course:

• The strategic and operational role of the finance function
• The principles of accounting and financial reporting
• How to understand and analyze financial reports?
• How does management accounting help to maintain control and improve efficiency?
• How can we ensure that investment returns meet the stockholders’ expectations?

Objectives

Having completed this Finance for Non-Finance Professionals training course, you should be able to:

• Explain the nature and role of financial statements and their interpretation
• Use the language of accounting and finance to communicate effectively with financial professionals
• Review the financial performance and financial position of an organization using the appropriate financial ratios and break-even analysis techniques
• Use budgetary control to compare actual against planned performance and to identify corrective actions
• Evaluate investment projects using DCF and other appraisal methods

Organisational Impact

The organisation will gain from sending employees to this training course:

• Greater awareness of the role of accounting and finance
• Ability to understand the structure of accounting systems and financial reports
• Ability to make more effective and better-informed contributions to financial discussions
• Ability to use tools and techniques for financial control and financial management
• Greater understanding of the key drivers that ensure sustainable growth and competitiveness
• Awareness of how business risks can be identified, analysed, and managed

Personal Impact

Participants will be able to further develop their personal management skills by being:

• More knowledgeable about accounting and finance systems, and the meaning of financial statements & reports
• Better informed financially, to enable improved executive decision-making
• Better able to contribute to financial discussions and communicate in financial language
• Better able to contribute to the effective financial management of their organisation
• Able to evaluate alternative courses of action and identify the most effective choices for the future improvement of their organisation
• Able to liaise more effectively with departments on financial matters

Who should attend?

• Sales and marketing executives
• Supply-stream professionals
• Project professionals
• Internal auditors
• Any non-financial professionals who are required to read, interpret, and contribute to business financial reports
• Senior professionals of manufacturing, marketing, and engineering
• Human resources professionals
• Legal professionals
• Executive professionals who are involved with the development of long-term customers, suppliers, outsourcing partners, and other global strategic alliances
• Consultants who work with professionals and executives, to support improvements to operational and financial processes

Training Methodology

This interactive Finance for Non-Finance managers training course will comprise a range of learning activities, including tutor presentations, with question-and-answer opportunities, demonstration and practice of analytical techniques, group exercises and discussions, using case studies and current company and market information sources. Whilst the theoretical background to financial management will be explained and justified, the main emphasis will be on putting these into a real-world context by providing a practical ‘toolkit’ of financial techniques

Course Outline

Day 1. The Business & Financial Environment

• The business environment
• The role of financial management
• Developing a strategic financial plan
• The role & purpose of financial & management accounting
• Accounting conventions, policies & International Financial Reporting Standards (IFRS)
• The executive’s role in corporate governance

Day 2. Financial Statements & Financial Analysis for Executive Decision Making

• Corporate financial information: – Internal & external
• The key elements of published annual financial reports
• Financial statements analysis to evaluate financial performance to improve liquidity, profitability, & efficiency
• Working capital management
• Cash flow statements and calculating free cash flow
• Predicting business failure with ratios and other key indicator

Day 3. Strategic Financial Decision Making

• Financing the business – Why and when?
• Financing principles, short-term vs. long-term, debt vs. Equity
• Sources and types of finance
• Determining the cost of long-term finance – The cost of capital models:

• Cost of Equity (Ke) – Dividend Valuation Model
• Cost of Equity (Ke) – Capital Asset Pricing Model
• Cost of Debt (Kd)
• Weighted Average Cost of Capital (WACC)

• Review of external growth strategies:

• Mergers, acquisitions and joint ventures

• Review of restructuring strategies: Demergers, spin-offs, unbundling, MBO, MBI, BIMBO

Day 4. The Executive’s Role in Capital Investment

• The capital investment process
• Basic appraisal techniques – ARR and Payback
• Why you should consider the time value of money?
• Discounted cash flow appraisal techniques – NPV and IRR
• Practical issues to consider in NPV appraisal – Inflation, Capital Rationing, Risk and Uncertainty
• Managing risk & uncertainty

Day 5. Executive Management & Control of Budgets

• The purpose and importance of budgeting
• Different budgeting models – Are They Relevant for Your Business?
• Preparing, negotiating & implementing the budget
• Controlling the budget
• Variance analysis
• Using budgets to aid decision making: Cost / Volume / Profit (CVP) analysis & break-even analysis
• Training Evaluation and Course Closure

Certificate

• On successful completion of this training course, the ALARDI Africa Certificate will be issued to the participants.

Venue:

Kenya-Nairobi                               Cost USD 1800

Egypt-Cairo                                    Cost USD 2000

United Kingdom-Hatfield            Cost USD 2500

Date: 20^th to 24^th July 2026