Do you feel out of your depth when business discussions turn to financial topics? This crash course makes the mystifying world of finance and accounting easy for you. Gain an understanding of the most important financial tools and concepts.
Discover AIHM’s ‘Finance for Non-Financiers’ Professional Development Course
If finance and accounting is your professional blind spot, you’re not alone! It’s not at all uncommon for managers and other professionals to find that as their career is advancing, they’re harbouring a secret: they still feel completely lost when it comes to dealing with financial documents.
This course is specifically designed for individuals who work in non-finance roles and need to fill in the gaps in their knowledge so they can lead confidently and make effective financial decisions. In just two days, you can gain the skills and knowledge you need to take part in important business conversations with newfound self-assurance.
What will this course do for you? Your instructor and distinguished expert Kate Varini gives you a preview in the Q&A below.
Could you give us a quick overview of what the ‘Finance for Non-Financier’ course teaches participants?
This course presents an overview of accounting and finance with an eye on the most important and most common financial concepts and tools that arise within a business context.
Those who are not operating specifically in a financial management role should find the course a helpful introduction to the main principles of financial and management accounting.
We’ll begin by ensuring that all participants have a strong core understanding of how financial accounting works. Once we’ve built up this foundation, we’ll proceed to develop your analytical skills. We will use percentages and ratios to be able to quickly assess the state of a business. You’ll learn how to use a Cost Volume Profit approach (a CVP or “break even” analysis) to assess short-term decisions. Following this, we’ll turn to long-term financial decisions and how to evaluate possibilities with regards to their feasibility and potential profitability.
Who will benefit most from the course?
- Ambitious professionals who only understand bits and pieces of financial management without fully understanding the big picture
- Anyone who lacks confidence when presenting or discussing topics involving numbers
What specific topics will the Finance for Non-Financiers training course cover?
Financial Accounting: How this works from Day 1 until the end of the financial year. This will ensure that participants have a holistic and clear understanding of the whole financial process.
Management Accounting: Analysing financial performance with a view to generating year-on- year improvements.
Basically, we’ll cover how a business tracks its finances and then move on to how to make smart financial decisions.
What might surprise those who attend this course?
We will be using materials that incorporate colour and physical action to be able to fully visualise the financial accounting process. This will ensure that we can fully harness our brain function to capture the different aspects of the accounting system. If you’ve always found numbers are not really your thing, you’ll be surprised at how this approach makes it so much easier!
You’ll be able to visualise the process when you are in meetings or discussions in the future, and you’ll find that you feel more comfortable and confident during those future professional scenarios.
Register Today
Join the next session of the Finance for Non-Financiers course. Register now.
Want more ways to upskill, advance your career and stay on top of the industry? Explore AIHM’s full suite of 2-day hotel management training courses.
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