Skip to main content

Importance of Understanding the Finance for the Non-Financial Managers


Understanding Finance and Accounting will equip non-financial managers with the financial knowledge necessary to communicate more effectively with financial managers, analyze financial statements and understand how they relate, interpret a company's profitability, solvency and liquidity, explore the sources and costs of capital and the factors of investment decisions, and learn valuation principles and their impact on the value drivers of the firm. Participants will gain both competence and confidence in their interactions with financial colleagues and senior executives.


Here is the importance of finance to the non-financial professionals:

Why finance courses for non-professional executives?

Every manager and high-level professionals has to understand finance. The more you go higher in the organization the more important it is to have that understanding. It’s the only way to feel confident in high-level meetings. Finance courses is of core function for good profitability of a company and being part of the top management non-finance managers need to get the sense of its operations.

Benefit to the business

A financial course will give a manager the tools required to understand how business works financially, interpret financial jargon, contribute to discussions on financial topics and make decisions which will be positive for the future of their businesses.

Target audience

Managers from any function who have found that their technical knowledge and ability needs to be supplemented by an improved knowledge of finance and management accounting will enable them to play a full part in financial decisions in management.

Is finance really so important?

High-level professionals interact with the finance people in your organization. You have to understand what they’re saying and how your actions influence their numbers. You also need to understand the constraints of the markets on decisions like laying people off versus reducing productivity or paying dividends rather than investing. And ultimately, the senior you are, the more your performance gets measured by the financial numbers. To get more information visit: https://www.kaplangenesis.com


Labels:

Comments

Post a Comment

Popular posts from this blog

3 Courses That Will Help You Gain More Insight Into The Banking Space

Finance plays a crucial role in the aspect of worldwide growth and development. This is exactly why knowledge related to finance opens the doorway to a bright and prosperous future. In fact, major globally renowned corporations, both private and government, specially hold financial knowledge in high regards.  3 finance-related courses that are a definite way to enhance your future prospects Securing a degree in finance opens up a host of opportunities. But by enrolling into a specialization course in this field is always highly beneficial in relation to obtaining knowledge in all aspects of finance. Some of these are – ·  Investment strategies ·  Budget planning ·  Retail and government banking ·  Equity investments ·  Finance ethics In order to gain the maximum insight here, a financial course that emphasizes on a particular aspect is always apt. Here are some of these courses to look into – ·  CFA – CFA or Charter Financial Analy...
Post a Comment
Read more

All You Need to Know about the CFA Exam in June 2019

The CFA program is identified as one of the most valued financial courses. With over 150,000 charter holders all around the world in 165 countries, the CFA program is now viewed as a benchmark for aspirants seeking a rewarding career in the investment sector. Chartered Financial Analyst provides the candidates with a comprehensive understanding of the financial sectors. Being a globally acknowledged graduate-level program, it provides candidates with an in-depth understanding of crucial investment and funds management tasks related to the monetary sector. Although you are aware of the CFA Program, Do you have the answer to the most important question for the June 2019 exam – What are the exam dates?   If you do not know about the changes made regarding the CFA exam 2019, the following information will help you catch up: CFA Exam Updated Calendar The CFA Institute has made certain changes in order to maintain accessibility for their global candidates ...
Post a Comment
Read more