Every decision in an organization revolves around Finance. If you are an entrepreneur, it is crucial that you have knowledge of financial Matters to manage your business effectively. Ignorance in Finance Management in decision making will turn out to be a costly affair. Therefore, it is important to understand financial information, hence the aim of this course.
In today’s fast-paced business environment, financial literacy is no longer optional—it’s essential. As a non-finance executive, understanding financial principles enables you to make informed decisions, drive profitability, and contribute to your organization’s success.
This Finance for Non-Finance Executives course simplifies complex financial concepts, equipping you with the knowledge and confidence to analyze financial statements, manage budgets, assess investment opportunities, and make strategic business decisions.
Through practical exercises, real-world case studies, and hands-on training, you will gain the financial acumen needed to collaborate effectively with finance teams, optimize resources, and enhance business performance.
No prior financial background is required—just a willingness to learn and apply key financial insights in your role!
The course is based on a participatory, active learning approach, with an emphasis on critical reflection and peer-to-peer learning. The course instructor will provide individualised feedback where appropriate. Participants will do the required readings, prepare interim and final assignments and participate in group discussions.
Participants who successfully complete the course will receive Certificate of Participation.
OBJECTIVES
By the end of the course, the participant should be able to:
- Understand what is Financial Management and how it is different from Accounting
- Comprehend what are Financial Statements and useful they are for Decision Making
- Know that Financial Management is essential to grow up in the organizational Chart
- Understand financial Ratios and its implications in various decisions.
- Realize what is Working Capital Management
DURATION
5 Days
WHO SHOULD ATTEND?
This course targets;
- NonFinance Executives
- Entrepreneurs
- Department Heads
- Managers and financial directors
- Anyone who does finance
COURSE OUTLINE
Module 1: Understanding Financial Statements
- Introduction to Business Finance: Why It Matters for Executives
- Key Financial Statements Overview:
- Balance Sheet (Assets, Liabilities, Equity)
- Income Statement (Revenue, Costs, Profits)
- Cash Flow Statement (Operating, Investing, Financing Activities)
- How to Read and Analyze Financial Reports
- Practical Exercise: Analyzing a Sample Company’s Financial Statements
Module 2: Financial Ratios and Performance Analysis
- Understanding Key Financial Ratios:
- Profitability Ratios (Gross Margin, Net Profit Margin, ROE)
- Liquidity Ratios (Current Ratio, Quick Ratio)
- Efficiency Ratios (Asset Turnover, Inventory Turnover)
- Leverage Ratios (Debt-to-Equity, Interest Coverage)
- How Ratios Drive Business Decisions
- Case Study: Evaluating Company Performance Using Ratios
Module 3: Budgeting, Forecasting, and Cost Management
- Fundamentals of Business Budgeting
- Budgeting Techniques (Zero-Based, Incremental, Rolling)
- Cost Behavior and Cost Control Strategies
- Forecasting Revenue and Expenses
- Practical Exercise: Developing a Budget for a Department or Project
Module 4: Investment Appraisal and Decision-Making
- Understanding Capital Investment Decisions
- Key Financial Evaluation Techniques:
- Payback Period
- Net Present Value (NPV)
- Internal Rate of Return (IRR)
- Return on Investment (ROI)
- Risk Assessment in Investment Decisions
- Case Study: Evaluating a Business Expansion Proposal
Module 5: Financial Strategy, Business Valuation, and Decision-Making
- Understanding Business Valuation Methods
- Managing Working Capital and Cash Flow for Growth
- Financing Options: Debt vs. Equity
- Financial Decision-Making for Executives
- Final Case Study: Applying Financial Knowledge to a Business Scenario
- Certification & Course Wrap-Up
GENERAL NOTES
- The instructor led trainings are delivered using a blended learning approach and comprises of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.
- The participants should be reasonably proficient in English as all facilitation and course materials will be offered in English.
- Upon successful completion of this training, participants will be issued with a certificate.
- The training will be held at Kincaid Training Centre. The course fee covers the course tuition, training materials, two break refreshments and lunch.
- All participants will additionally cater for their, travel expenses, visa application, insurance, and other personal expenses.
- Accommodation and airport pickup are arranged upon request. For reservations contact the Training coordinator at Email: training@kincaiddevelopmentcenter.org or Tel: +254 724592901
- This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our Kincaid Training Centre or at a convenient location.
For further inquiries, please contact us on Tel: +254 724592901 or send mail to training@kincaiddevelopmentcenter.org
Payments are due upon registration. Payment should be sent to our Bank account before commencement of training and proof of payment sent to training@kincaiddevelopmentcenter.org