Finance for Non-Finance Managers

Course Description

This course enables professionals, especially from functional areas other than finance such as sales, marketing, human resource, research and development, production, procurement, to gain an extensive working knowledge of critical financial principles in an easy-to-follow manner, enabling them to make critical business decisions involving cost-savings, budgets, new projects decisions, growth strategies and so on. Participants are able to understand and analyze financial statements as well as grasp the basic fundamentals of finance and accounting.

Course objectives

After successful completion of this course, candidates should be able to:

      • Acquire an understanding of the sources of financial information;
      • Understand the current financial position of the organization through the review of key concepts of financial information and analyzing the financial flow trends;
      • Explore the driving forces behind financial information;
      • Recognize the importance of cash flow and cash management;
      • Appreciate the essence and management of working capital;
      • Explore costing concepts and recognize how the controls determine profit;
      • Costing: Essential tools for effective management;
      • Recognize the importance of planning and budgetary controls;
      • Discover the positive management of cash and the impact of the cash cycle to their operations;
      • Enhance their business communication with leaders by providing a comprehensive awareness on financial and accounting information presented to them.

      Who should attend?

          • Managers, senior managers, middle level executives in non-financial positions who need to improve their financial skills in order to make critical business decisions involving cost savings, budgets, new projects, growth strategies, etc. ;
          • This course can also potentially benefit entrepreneurs who are required to make daily business decisions regarding their companies;
          • The program is appropriate for self-employed professionals such as lawyers, medical practitioners, and non-financial managers across different industries, both in the public and private sector.

          Topics we will cover:

              • The role and structure of finance in management;
              • Financial statements, its structure and elements;
              • Fundamentals of Management Accounting;
              • Accounting overview of selected financial statements line items (receivables, payables, inventory) ;
              • Budgeting and forecasting as an effective financial management;
              • Performing and interpreting ratio analysis;
              • Evaluation of investments.


                  • Upon completion of the training, the participants will be awarded with a certificate by Baker Tilly Academy.
                  • Course Language:  Azerbaijan
                  • Course Duration: 16 hours
                  Contact us