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The Finance for Non-Finance Professionals Certification Training Course. will help you understand financial terminologies and business measurements. Finance for Non-Finance Professionals is designed mainly for Non-financial managers from backgrounds such as design, production, engineering, sales, marketing, legal, IT and HR. Learn to manage profitably, improve decision-making and presentation of proposals by utilizing financial analysis, tools and techniques and calculate profit and loss with the Finance for Non-Finance Professionals Certification Course.
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GRASPSKILLS FINANCE FOR NON-FINANCE PROFESSIONAL
INTRODUCTION In today’s world, it is important to be a jack of all trades. A Businessman is expected to have a good knowledge of social media, finance and many more. The Finance for Non- Finance Professionals training provides you with just the right knowledge that you require. Finance for Non-Finance Professionals will help you understand financial terminologies and business measurements. You will be able to judge any company’s performance by using financial ratios and compare them to the industry norms. Thus, it helps in analysing business opportunities and business decisions. It will teach you to manage profitably, improve decision-making and presentation of proposals by utilizing financial analysis, tools and techniques and calculate profit and loss.
WHAT IS FINANCE? Finance is a broad term that describes two related activities: the study of how money is managed and the actual process of acquiring the required funds. Finance is an essential building block of business renewal and growth. Irrespective of the kind of business requires finance to transform an idea into action as they pursue a growth journey. It encompasses the oversight, creation and study of money, banking, credit, investments, assets and liabilities that make up financial systems.
BENEFITS OF FINANCE • Analyze financial statements • Identify any downfall in financial conditions • Learn budgeting and its advantages • Learn the most important principles of budgeting • Learn to prepare management information • Understand the financial statements and their key elements • Participate in discussions on current financial and economic issues
IMPORTANCE OF FINANCE For non-financial professionals, learning the financial concepts will greatly help in improving their skills and abilities to manage the financial aspects of a business entity. Taking the finance for non-finance training course will help them understand the various financial reports for making important business decisions. Several educational institutes, universities, and training institutes are there to help non-finance executives to enrol for various types of finance-related courses being offered by them on finance and accounting subjects.
WHAT DO YOU MEAN BY THE FINANCIAL STATEMENT AND TYPES ? • INCOME STATEMENT • BALANCE SHEET • CASH FLOW STATEMENT • Financial statements are written records that convey the business activities and the financial performance of a company. Financial statements are often audited by government agencies, accountants, firms, etc. to ensure accuracy and for tax, financing, or investing purposes. This kind of information is important for shareholders, stakeholders, vendors, customers, government and company management itself.
CONCLUSION For non-finance professionals, especially businessmen, the Finance for the non-Finance certification training course is important because will provide a generic view and understanding of the financial situation and may not have to depend on others to understand and plan the future of the company.