Finance for Non-Finance Professionals
Duration: 2 Days (6 Hours Per Day Including Break)
The “Finance for Non-Finance Professionals” program is designed to help professionals understand key financial concepts and gain practical skills for better decision-making in their roles. Participants will develop the ability to analyze financial statements, evaluate performance, manage cash flow, and apply financial insights to project management. The program includes case studies, workshops, and interactive sessions to enhance understanding and ensure practical application of financial tools in real-world scenarios.
Learning Objectives:
- Enhance participants’ ability to interpret financial data and use it for decision-making.
- Build skills in reading and analyzing financial statements, including understanding the impact of decisions on financial performance.
- Provide tools and techniques to evaluate financial performance, manage risks, and support project management.
- Improve understanding of budgeting and financial planning as part of strategic decision-making.
Day 1: Financial and Accounting Fundamentals
Understanding the Financial Framework of Companies
- Key financial concepts and their role in decision-making.
- Relationship between accounting and finance, and its impact on organizational strategy.
Key Financial Statements
- Overview of the Balance Sheet, Income Statement, and Cash Flow Statement.
- Understanding the balance between assets, liabilities, and equity.
- Analyzing financial position through key financial statements.
Managing Cash Flows
- Importance of liquidity and cash flow management in project stability.
- Relationship between cash flow, profitability, and business health.
- Practical examples to understand cash flow cycles and their impact on project funding and success.
Day 2: Financial Analysis and Planning for Project Management
Financial Ratio Analysis
- Introduction to financial ratios: profitability, liquidity, efficiency, and solvency ratios.
- How to analyze financial performance using ratios.
- Benchmarking performance against industry standards.
Evaluating Project Financial Performance
- Case studies from energy and infrastructure sectors to demonstrate real-life applications.
- Understanding how to apply financial data to project evaluation and monitoring.
Financial Planning and Budgeting
- Building project budgets: setting realistic financial goals and priorities.
- Analyzing variances between actual and planned performance.
- Financial risk management in projects: identifying risks and developing mitigation strategies.
Supporting Strategic Decisions
- Using financial analysis to inform strategic project decisions.
- Converting financial data into actionable recommendations.
- Hands-on workshop: Analyzing real financial scenarios and preparing actionable financial reports for a hypothetical project.

Eligibility:
This course is ideal for professionals with limited or no financial background who wish to enhance their financial acumen in order to make informed business and project decisions. Specific target audiences include:
- Project Managers
- Team Leaders
- Marketing, HR, and Operations Professionals
- Professionals in non-financial roles looking to understand financial data and support strategic decisions.
Learning Outcomes:
- A solid understanding of financial concepts and key financial statements.
- Practical skills in financial analysis and project performance evaluation.
- Ability to develop budgets, manage cash flows, and assess financial risks in projects.
- Enhanced capability to use financial data for strategic decision-making and improving organizational performance.