Accounting and Finance for Non-Finance Managers

Managers across functions (marketing, HR, sales, etc) make decisions that affect the financial health of the organisation. When they understand basic accounting and finance concepts, they can read financial statements, interpret budgets, and evaluate investment choices with greater confidence.

This programme is designed to give non-financial leaders the language and tools they need to contribute more effectively to strategic planning and performance management.

• Financial Statement Basics
• Reading the Numbers
• Budgeting Essentials
• Cost Behaviour & Break Even
• Capital Investment Appraisal
• Financial Communication

• Department heads, team leads and project managers who do not have a finance background.
• Senior supervisors or senior sta ffwho are responsible for budget oversight but have limited formal training.
• Anyone who wants to improve their ability to read and use financial information in day-to-day decision-making.

By the end of this Training, participants will be able to:

• Explain the purpose of the three core financial statements (income statement, balance sheet, cash-flow statement).
• Interpret key financial ratios and what they reveal about profitability, liquidity and efficiency.
• Use budgeting basics to prepare, monitor and adjust departmental budgets.
• Apply cost-volume-profit analysis to assess the impact of pricing, volume and cost changes.
• Evaluate simple investment proposals using payback period, net present value (NPV) and internal rate of return (IRR).
• Communicate financial results to senior leadership and ask insightful questions of finance partners.

• Participants will be able to read and interpret financial statements without needing a finance specialist.
• Improved ability to manage departmental budgets, reducing overspend and identifying cost-saving opportunities.
• More confident participation in strategic discussions and investments decisions.
• Enhanced communication with finance teams, leading to faster, more informed decision-making.
• A practical tool kit that can be applied immediately.

DATE:

CGFL06,Ground Floor Cancer Block, Eleganza Building 1, Commercial Road, Apapa Lagos.