ACCA Finance for Non- Finance Managers

The ACCA Finance for Non-Finance Managers course is designed to provide professionals from non-finance backgrounds with a solid foundation in financial management and accounting principles.

The course aims to enhance participants' understanding of financial concepts and equip them with the skills to make informed financial decisions within their roles.

The course covers the following key topics:

Introduction to Financial Management:

• Overview of financial management and its role in organizational decision-making

• Understanding the importance of financial information in business operations

Financial Statements Analysis:

• Interpreting and analyzing financial statements, including balance sheets, income statements, and cash flow statements

• Evaluating financial performance, liquidity, profitability, and solvency

Budgeting and Forecasting:

• Understanding the budgeting process and its role in planning and control

• Developing budgets and forecasts to support decision-making

Cost Management:

• Exploring cost behavior, cost classification, and cost-volume-profit analysis

• Applying cost management techniques for cost control and decision-making

Investment Appraisal:

• Evaluating investment opportunities and assessing their financial viability

• Understanding capital budgeting techniques, such as net present value (NPV) and internal rate of return (IRR)

Financial Risk Management:

• Identifying and managing financial risks, including liquidity risk, interest rate risk, and foreign exchange risk

• Exploring risk management techniques and strategies

Financial Planning and Control:

• Developing financial plans and monitoring performance against targets

• Implementing financial control measures to ensure effective resource allocation

Corporate Governance and Ethics:

• Understanding the principles of corporate governance and ethical considerations in financial management

• Exploring the importance of transparency, accountability, and integrity in financial decision-making

The ACCA Finance for Non-Finance Managers course typically incorporates interactive lectures, case studies, practical exercises, and assessments to enhance participants' understanding and application of financial management concepts.

It aims to equip professionals with the knowledge and skills necessary to effectively communicate with finance teams, interpret financial information, and contribute to financial decision-making processes within their organizations.

It's important to note that the specific course content, duration, and delivery format may vary depending on the institution or training provider offering the course. To obtain accurate and up-to-date information about a particular course, it is recommended to refer to the official website of the institution or contact them directly.