Strathmore Business School Logo

Finance for Non-Finance Managers Programme

Introduction

In today’s dynamic business environment, executives require a practical, working knowledge of accounting, auditing, tax and corporate finance to make informed business decisions. This comprehensive three-day programme is hands-on, transformative and business-oriented.

It provides a solid appreciation of best-practice corporate financial management and demystifies the language of business – accounting and finance.

The Finance for Non-Finance Executives is specifically designed for experienced executives from non-financial backgrounds who need to understand, evaluate and deliver results, while utilizing financial information to inform their decisions.

Programme Objectives

By the end of the programme, participants should be able to:

  • Explain finance jargons and concepts of accounting information
  • Make financial decisions
  • Effectively  manage projects
  • To undertake financial planning and reporting, including budgets and forecasts.

Programme Benefits

Participants in this programme will be able to interpret and analyze financial information appropriately, and utilize the analysis to deliver increased organizational value. More specifically, the programme will enable the executives to:

  • Make better operational decisions, supported with a clear understanding of their implications for organizational performance and value
  • Measure human capital, product and customer value productivity and profitability in a meaningful way and use activity-based analysis to manage organizational costs
  • Apply the concept of risk and return and the role of required rate of return in performance measurement
  • Link financial information with overall organizational performance through the Balanced Score Card

Who would benefit?

The Finance for Non-Finance Executives programme is ideal for non-finance executives or anyone with at least two years of practical corporate experience in areas that are not related to finance.

Key Focus Areas

These include:

  • The accounting framework and preparation of financial statements
  • Understanding financial accounts, language and structure (aligned to the relevant standards and regulations)
  • The audit process – how it is conducted and its role
  • Analysing financial performance: growth, profitability, liquidity, debt and financial strength, including benchmarking
  • Budgeting and financial analysis for short term decisions, cost accounting and management
  • Cash flow analysis and interpreting cash-flow patterns
  • Accounting for corporate acquisitions
  • Project appraisal and valuation – risk and sensitivity analysis
  • Financial risk management – key business risks and assessment of business risks
  • Performance measurement – value-based management, Balanced Score Card and economic profit
  • Taxation in business and tax management

Programme Delivery

Extensive use of Case Studies and discussion‐ based learning

Contacts

For more information on the programme, write to eeopenprograms@strathmore.edu or call +254 (0) 703 034 414.



Share This:

Key Details

Date: 6th – 10th May 2019

Cost: Kshs. 95,000

Sign up to receive important news and information from Strathmore Business School

  • This field is for validation purposes and should be left unchanged.

Global Partners

Twitter Feed

Important Links

Globals

Social Media