Overview
The dynamic of modern business requires hybrid working structure, which combine resources from different functional and support divisions. This means breaking traditional silo working practice, massive sharing of information and ad-hoc decision-making teams.
To perform their task better, non-finance professional needs to acquire the knowledge of basic financial management like profit and loss statement, product/service costing analysis and profit management. The financial information is very useful and can assist them to improve their performance.
This programme will facilitate easy understanding and improve the awareness of what, how and why of basic finance functions. The knowledge will improve communication, increased productivity and encourage better decision making.
Objectives
- Understand the basic financial management
- Identify relationship between cost and profit
- Able to use finance numbers to improve decision making
- Acquire basic techniques of customer credit evaluation
- Improve knowledge of product costing and financial statement
Methodology
Lecture, interactive group discussion and case studies.
For Whom
Non-finance Head of Departments and Managers.
No. of Participants
25 persons max
Duration
2 days
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