{"id":3656,"date":"2022-12-16T09:04:00","date_gmt":"2022-12-16T09:04:00","guid":{"rendered":"https:\/\/ctsvietnam.vn\/tai-chinh-cho-cap-quan-ly-khong-chuyen\/"},"modified":"2023-01-05T04:22:21","modified_gmt":"2023-01-05T04:22:21","slug":"finance-for-non-financial-managers","status":"publish","type":"post","link":"https:\/\/ctsvietnam.vn\/en\/finance-for-non-financial-managers\/","title":{"rendered":"Finance for Non-Financial Managers"},"content":{"rendered":"<p><img src=\"https:\/\/ctsvietnam.vn\/wp-content\/uploads\/images\/PC-news\/May\/Finance%20for%20Non-Financial%20Managers.png\" alt=\"\" \/><\/p>\n<p>This course focuses on the principles and practice of budgeting and accounting and providing participants with the practical knowledge to manage budgets effectively in the workplace.<\/p>\n<p><strong>Designed for:<\/strong><br \/>\nThis course is designed for non-financial managers in every functional area who need to understand the language and basic principles of finance in organizations and who wish to feel confident with budget preparation.<\/p>\n<p><strong>Learning Objectives:<\/strong><\/p>\n<ul>\n<li>Understand the basic principles and terminology of finance<\/li>\n<li>Analyze and interpret financial reports<\/li>\n<li>Prepare meaningful budgets and forecast profitability<\/li>\n<li>Make full use of management information and clarify management decisions<\/li>\n<\/ul>\n<p><strong>Course Content:<br \/>\n<em>Introduction to the principles of accounting<\/em><\/strong><\/p>\n<ul>\n<li>Overview of how accounting structures started and how they developed<\/li>\n<\/ul>\n<p><em><strong>Accounting Transactions<\/strong><\/em><\/p>\n<ul>\n<li>Gain an appreciation of double-entry accounts and how they work<\/li>\n<li>Understand the names and functions of all the essentials including turnover, revenue, profits, balance sheet, liabilities, income statement and cash flow<\/li>\n<\/ul>\n<p><em><strong>Interpreting Accounts<\/strong><\/em><\/p>\n<ul>\n<li>Make sense of whole documents and create a story from them<\/li>\n<li>Spot which areas of business are not performing and why that might be<\/li>\n<li>Understand profit and loss accounts<\/li>\n<li>Establish the difference between fixed and current assets<\/li>\n<li>Understand how depreciation impacts your accounts<\/li>\n<li>Look at company accounts and look for trends in the data to make sense from them<\/li>\n<\/ul>\n<p><strong><em>Budgets &amp; Budgetary Control<\/em><\/strong><\/p>\n<ul>\n<li>Learn what a budget is and how to construct one<\/li>\n<li>How to control against a budget once it exists and what can be done if you realize your actuals (what really happened) does not match the forecast<\/li>\n<li>Practice more finance speak and get comfortable with creating budgets<\/li>\n<\/ul>\n<p><em><strong>Management Accounting &amp; Performance Management<\/strong><\/em><\/p>\n<ul>\n<li>Speak the language of business properly<\/li>\n<li>You will discuss profit and margins and how to decide if a business is performing well or not. You will use various tools to manage performance<\/li>\n<li>Learning tools to help you assess your own financial performance<\/li>\n<\/ul>\n<p><em><strong>Funds Management and Cash Flow Forecasting<\/strong><\/em><\/p>\n<ul>\n<li>Understand why cash forecasting is so important<\/li>\n<li>Learn the basics of fund management<\/li>\n<li>Experience the type of decisions needed when managing funds and you will see the problems associated with forecasting cash flow<\/li>\n<\/ul>\n<p><em><strong>Cost-Benefit Analysis<\/strong><\/em><\/p>\n<ul>\n<li>Understand an often used tool in management.<\/li>\n<li>Show how good a proposal is in terms of what it will cost against the benefits it brings.<\/li>\n<li>Tangible and intangible benefits are discussed<\/li>\n<li>Learn how to do a cost-benefit analysis.<\/li>\n<\/ul>\n<p><span lang=\"EN-GB\"><strong>Duration<\/strong>: 23 &amp; 24 May 2020<br \/>\n<strong>Location<\/strong>: 5-star Hotel<br \/>\n<strong>Language<\/strong>: Vietnamese<br \/>\n<strong>Trainer<\/strong>: TBC<br \/>\n<strong>Fee<\/strong>: 6,400,000 per participant (This fee is included training material, tea break, lunch, no extra fee)<br \/>\nClick\u00a0<a href=\"https:\/\/ctsvietnam.vn\/en\/contact\/\"><strong>HERE\u00a0<\/strong><\/a>to register or fill in the form below<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This course focuses on the principles and practice of budgeting and accounting and providing participants with the practical knowledge to manage budgets&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2892,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"footnotes":""},"categories":[38],"tags":[77],"class_list":["post-3656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-events","tag-finance-for-non-financial-managers-png"],"acf":[],"_links":{"self":[{"href":"https:\/\/ctsvietnam.vn\/en\/wp-json\/wp\/v2\/posts\/3656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ctsvietnam.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ctsvietnam.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ctsvietnam.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ctsvietnam.vn\/en\/wp-json\/wp\/v2\/comments?post=3656"}],"version-history":[{"count":3,"href":"https:\/\/ctsvietnam.vn\/en\/wp-json\/wp\/v2\/posts\/3656\/revisions"}],"predecessor-version":[{"id":3657,"href":"https:\/\/ctsvietnam.vn\/en\/wp-json\/wp\/v2\/posts\/3656\/revisions\/3657"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ctsvietnam.vn\/en\/wp-json\/wp\/v2\/media\/2892"}],"wp:attachment":[{"href":"https:\/\/ctsvietnam.vn\/en\/wp-json\/wp\/v2\/media?parent=3656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctsvietnam.vn\/en\/wp-json\/wp\/v2\/categories?post=3656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctsvietnam.vn\/en\/wp-json\/wp\/v2\/tags?post=3656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}