• This Workshop transforms financial and accounting concepts into
decision making tools you can unsuccessfully every day. You will
learn to apply the fundamentals of finance to improve budget
management, increase potential profits, and assess the financial
performance of business activities. You will also understand the
terminology used by accounting and finance staff and will feel
more confident when being involved with them or using them
• Professionals/Managers with a financial background are considered
most efficient at managing any operating scenario. Knowledge of
financial aspects that help in decision making is the key to their
success. It is important for a senior professional to be equipped with
financial decision-making tools to be able to analyze financial
statements, understand the nature of cost and ways to reduce cost,
take pricing decisions, decide a product mix and opt for the best
suited option of financing the need.
Learning Objectives :
• Define the four key financial statements: balance sheet,
income statement, cash flow and changes in owner equity
• Interpret the financial health and condition of a
company, division or responsibility center and use
financial information for management and evaluation
• Distinguish between accounting and finance and
explain the finance role in running businesses
• Prepare a company's operating budget and relate it to
the organization's strategic objectives
• Apply Financial techniques to enhance decision making
