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Importance of Understanding the Finance for the Non-Financial Managers


Understanding Finance and Accounting will equip non-Financial managers with the financial knowledge necessary to communicate more effectively with financial managers, analyze financial statements and understand how they relate, interpret a company's profitability, solvency and liquidity, explore the sources and costs of capital and the factors of investment decisions, and learn valuation principles and their impact on the value drivers of the firm. Participants will gain both competence and confidence in their interactions with financial colleagues and senior executives.


Here is the importance of finance to the non-financial professionals:

Why finance courses for non-professional executives?

Every manager and high-level professionals has to understand finance. The more you go higher in the organization the more important it is to have that understanding. It’s the only way to feel confident in high-level meetings. Finance courses is of core function for good profitability of a company and being part of the top management non-finance managers need to get the sense of its operations.

Benefit to the business

A financial course will give a manager the tools required to understand how business works financially, interpret financial jargon, contribute to discussions on financial topics and make decisions which will be positive for the future of their businesses.

Target audience

Managers from any function who have found that their technical knowledge and ability needs to be supplemented by an improved knowledge of finance and management accounting will enable them to play a full part in financial decisions in management.

Is finance really so important?

High-level professionals interact with the finance people in your organization. You have to understand what they’re saying and how your actions influence their numbers. You also need to understand the constraints of the markets on decisions like laying people off versus reducing productivity or paying dividends rather than investing. And ultimately, the senior you are, the more your performance gets measured by the financial numbers. To get more information visit: https://www.kaplangenesis.com




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