A Highly Interactive Training Course On
Finance for Non-Finance Professionals
Demystifying Finance: Empowering Professionals to Make Informed Business Decisions
Course Introduction
Finance is a critical element of every business, influencing decisions at all levels. For non-finance professionals, understanding financial principles and tools can be transformative, enabling them to contribute more effectively to organizational success. This Finance for Non-Finance Professionals training course is tailored for individuals without a formal financial background, simplifies the complexities of finance and equips participants with the skills and confidence needed to interpret financial information, communicate with finance teams, and make sound financial decisions.
Through hands-on exercises, real-world examples, and engaging discussions, participants will explore financial statements, performance analysis, budgeting, forecasting, and financial decision-making. By the end of the course, they will be well-prepared to integrate financial insights into their roles and drive better outcomes for their organizations.
Training Objectives
By the end of this training course, participants will be able to:
- Understand key financial concepts and terminology
- Read, interpret, and analyze financial statements
- Evaluate organizational performance using financial ratios
- Develop and manage budgets effectively
- Use financial tools to support strategic decision-making
Training Methodology
This COPEX training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes an interactive mixture of lecture-led learning & group discussions.
Who should Attend?
This training course is suitable to a wide range of professionals but will greatly benefit:
- Managers, team leaders, and department heads from non-financial backgrounds
- Entrepreneurs and small business owners without formal financial training
- Professionals from any function seeking to understand and apply financial concepts in their roles
Course Outline
- What is Finance? The role of finance in business
- Key financial terms and definitions
- Understanding the accounting equation: Assets = Liabilities + Equity
- Differentiating between financial accounting and management accounting
- Interactive Exercise: Matching financial terms to their real-world applications
- Overview of financial statements
- Income Statement (Profit and Loss Statement): Understanding revenue, expenses, and profit
- Balance Sheet: Assets, liabilities, and equity
- Cash Flow Statement: Operating, investing, and financing activities
- How to interpret and analyze financial statements
- Case Study: Analyzing a real company’s financial statements to identify strengths and weaknesses
- Group Activity: Creating a simplified version of financial statements from provided data
- Introduction to financial ratios
- Liquidity Ratios: Current ratio, quick ratio
- Profitability Ratios: Gross profit margin, net profit margin, return on equity (ROE)
- Efficiency Ratios: Inventory turnover, accounts receivable turnover
- Interpreting financial ratios to assess business health and performance
- Workshop: Calculating ratios using sample data and discussing implications
- Benchmarking: Comparing performance against industry standards
- The importance of budgeting in achieving business goals.
- Setting objectives
- Allocating resources
- Monitoring and controlling expenditures
- Basics of forecasting
- Using historical data to predict future trends.
- Simple techniques for non-finance professionals.
- Hands-On Exercise: Developing a basic budget and forecast for a hypothetical department
- Discussion on variance analysis: Identifying and addressing deviations from the budget
- Understanding cost structures: Fixed vs. variable costs
- Conducting cost-benefit analysis for decision-making
- Breakeven analysis: Identifying the point of profitability
- Basics of investment appraisal
- Net Present Value (NPV)
- Internal Rate of Return (IRR)
- Payback period
- Aligning financial decisions with strategic business goals
- Final Group Project: Evaluating a business scenario and presenting financial recommendations to a mock leadership team
Providers and Associations
Certificates
- COPEX Certificate of Attendance will be provided to delegates who attend and complete the course
Material published by Copex shown here is copyrighted. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.
COPEX Training is your gateway to professional growth, with over 20 years of experience turning potential into success. Each year, we deliver over 1,000 courses in 50+ countries, earning a stellar 98% satisfaction rate. Trusted by global giants like BP, the United Nations, and HSBC, we partner with top certification bodies to provide career-focused training that empowers individuals and drives organizational breakthroughs. Our mission? To transform the way professionals learn and grow in today’s fast-changing industries. Through expert insights, cutting-edge methods, and hands-on approaches, we equip you with the skills and confidence to tackle challenges, seize opportunities, and thrive in your career.
Led by a passionate leadership team and supported by a network of world-class trainers, COPEX Training connects professionals worldwide with life-changing opportunities. We are committed to excellence, ensuring every participant leaves with the tools, expertise, and confidence to conquer an ever-evolving world.
Frequently Asked Questions
This FAQ section provides quick answers to the most common questions about our services, procedures, and policies. We aim to make your experience with us as straightforward as possible. For further assistance, our support team is ready to help.
COPEX stands for “The Centre for Operations & Procurement Excellence”. Our courses are designed to develop and enhance the skills and knowledge of professionals across various sectors.
Enhanced Skills: Develop in-demand skills and knowledge in your chosen field.
Career Advancement: Improve your career prospects and increase your earning potential.
Increased Confidence: Gain confidence in your abilities and enhance your professional presence.
Networking Opportunities: Connect with other professionals and industry experts.
Improved Job Performance: Enhance your productivity, efficiency, and job satisfaction.
Personal Growth: Develop valuable personal and professional skills that can benefit you in all areas of life.
Experienced Instructors: Courses are delivered by highly qualified and experienced instructors with industry expertise.
Interactive Learning: Engaging and interactive learning methods, including workshops, simulations, case studies, and group discussions.
Practical Application: Focus on practical skills and real-world applications, enabling you to apply your learning immediately.
Flexible Learning Options: A variety of course formats available, including classroom training, online courses, and blended learning.
Certification & Recognition: Upon successful completion, you may receive industry-recognized certifications.
The cost of COPEX training courses varies depending on the course duration, content, and delivery method.
There are several ways to register in our public training courses:
Online – Browse the Training Plan, select the course of choice, click on the button
“Register Now” inside the course outline page.
E-mail – Send the details (name, company name, email address and training course of
choice) of your nomination to reg@copextraining.com
Telephone – +971 4 368 6886 or +971 50 106 2750
Upon successful registration, processing window will take not more than 24 hours from the time of registration. An email including the registration confirmation, invoice and joining instructions will be sent to the provided email address.
Published training course fees are inclusive of the training venue, training manual, writing materials, lunch and coffee breaks with refreshments over the entire duration of the training course.
The training course fee can be settled by either:
- Bank transfer
- Credit Card
Our training courses will run for 5 hours per day. The standard daily timing is from 8:30 am – 3:30 pm including the coffee/tea breaks and lunch.
Our training courses courses are being held at five-star hotels in prime and iconic destinations across the globe. Cities such as Amsterdam, Barcelona, Dubai, Geneva, Istanbul, Kuala Lumpur, London, Houston, New York, Paris, Vienna, Zurich, etc.
Once officially registered, we can assist by providing the corporate rates provided by the hotel where the training course will be conducted. Early confirmation will enable us to secure the room at reduced rates
Our cancellation policy varies depending on the circumstances presented. Generally, cancellations must be initiated in formal writing at least 14 days prior to the commencement date of the training course. Further, the option to shift an existing registration to another training course on a later date is possible. Otherwise, a full refund will be initiated.
Delegates who will attend and successfully complete the training course will earn a COPEX Certificate of Completion. This certification is designed to validate the successful knowledge transfer, and that the desired learning objectives and outcomes to further advance your professional competency are achieved.
We can customize this
training course for you!
Other Specialized Training Courses
Explore a selection of specialized training courses designed to advance your skills and knowledge in key areas critical to professional success. COPEX provides a wide range of programs tailored to meet industry demands, empowering you to stay competitive in today’s dynamic landscape.
$5,950Certificate in Practical Finance and Accounting
$5,950Financial Literacy & Intelligence for Leaders: Making Informed Business and Personal Financial Decisions
$3,950Accounting, Decision-Making & Financial Communication
$5,950Financial Bootcamp for Non-Financial Professionals
$11,900Raising the Bar of Internal Audit
$5,950Financial Statement Review and Internal Controls
$11,900Advanced Financial Modeling for Oil & Gas
$3,950Advanced Financial Modelling with Excel
$3,950Foundations of Financial Modeling
$3,950
