Financial Skills

Financial information gives a clear picture of incidences that have happened, and a sound basis for forecasting future events. It can also display whether activities are cost-effective and whether objectives and targets have been met. So, Financial knowledge and skills are fundamental to any managerial position. From understanding financial statements to analyzing them, cost impacts, and budgeting.
In this topic, you will cover hands-on practical experience for non-financial managers to understand the concepts and techniques to help them in key decision-making areas, which in turn gives impetus to the bottom line of the business. In this topic you will cover:

Forecasting & Budgeting
Learning Objective
Discover the concepts and techniques of financial management to enhance decision-making abilities in key areas.
Apply financial knowledge and skills to analyze financial statements, assess cost impacts, and create effective budgets as non-financial managers.
Interpersonal Skills Covered
Financial Awareness
Analytical Thinking