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Finance for Non-Finance Managers

Location

ACT, NSW, SA, VIC

Study Mode

Classroom, On Campus, Online

Awarded by

Australian Institute of Management Education and Training (RTO: 0049)

Qualification

Short Courses

Course Fee

Price may vary

Duration

2 Days

Start Date

Enquire now for upcoming start dates

Payment Options

Payment plan, Upfront payment

About the Course

Career Outcome

Fees

About the Course

The course “Finance for Non-Finance Managers,” offered by the Australian Institute of Management Education and Training, is designed to equip professionals with essential financial knowledge and skills. This course focuses on demystifying financial concepts, enabling participants to understand financial statements, budgeting, and financial analysis. By bridging the gap between finance and management, it empowers individuals to make informed decisions that positively impact their organisations.

Throughout the course, participants will explore key learning areas such as interpreting financial reports, understanding cash flow management, and applying financial principles to strategic planning. The curriculum is tailored for those who may not have a formal finance background but wish to enhance their managerial capabilities. This practical approach ensures that learners can apply their newfound knowledge directly to their roles, fostering greater confidence in financial discussions and decision-making.

With a focus on real-world applications and interactive learning, this course stands out as a valuable opportunity for professionals seeking to elevate their understanding of finance within a managerial context. Enquire to learn more.

What you’ll need

If you’re a manager with responsibility for planning, managing and reporting on budgets and financial indicators, or you wish to deepen your knowledge of business finance, this Finance for Non-Finance Managers course is ideal for you.

Subject summary

In this Finance for Non-Finance Managers short course from Australian Institute of Management (AIM), the subjects you may study include:

Workshop Overview – Session 1

What Do We Mean by “Finance”?
Language of Finance
Financial Management Cycle
Financial Statements
Standards
Assumptions, Estimates, and Disclosures
Statement of Financial Position
Statement of Profit and Loss and Other Comprehensive Income
Statement of Changes in Equity
Statement of Cash Flows
Relationship Between Statements
Impact of Transactions on Financial Statements
Financial Analysis and Tools
Reviewing Financial Performance
Revenue and Cost Behaviour
Contribution Margin
Breakeven Analysis
Managing Costs
Discussion: Worked Example
Summary and Close

Workshop Overview – Session 2

Welcome Back and Review
Recap of key learnings
Establish Budgets
Capital Expenditure Budget
Present Value
Net Present Value
Profit and Loss Budget
Cash Flow Budget
Financing Options
Implement and Monitor the Budget
Using Budgets to Monitor Performance
Managing Cash Flow Against the Budget
Managing Accounts Receivable
Budget Variances
Internal Controls
Review Financial Performance
Reporting Requirements
Continuous Improvement
Summary, Learning Journal and Close

Why Australian Institute of Management Education and Training?

The Australian Institute of Management Education and Training (AIMET) is dedicated to providing students with practical qualifications that not only certify their skills but also advance their careers. With a focus on real-world application, AIMET delivers courses through a blend of practical exercises and evaluative tools, ensuring that students can engage meaningfully with their learning. Notably, there are no exams to study for, allowing students to concentrate on assessments that truly reflect their capabilities.

AIMET offers the flexibility to study either online or on campus, making it easier for individuals to maintain a healthy work-life balance while pursuing their educational goals. As a registered Higher Education Provider, AIMET is committed to fostering professional growth and lifelong learning opportunities for all students. This supportive environment empowers learners to unlock their potential and build a successful future in their chosen fields.

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Finance for Non-Finance Managers

About the Course

What you’ll need

What you’ll need

Subject summary

Subject summary

Why Australian Institute of Management Education and Training?

Why Australian Institute of Management Education and Training?

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