Accounting & Finance for Non-Financial Professionals Training Course
Course Overview
| Course Title | Accounting & Finance for Non-Financial Professionals Training Course |
| Organization | Tech For Development (T4D) |
| Venue | Tech For Development (T4D) Training Center along Tala Road, Runda, Nairobi |
| Duration | 5 days |
| Target Industries |
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| Target Job Roles |
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| Course Fees (Face-to-Face) | USD 1,100/KES 75,000 (Exclusive of VAT) |
| Course Fees (Virtual) | USD 1,000/KES 70,000 (Exclusive of VAT) |
| Training Modes | Virtual and face-to-face training |
| Payment | Payment should be made to the Tech For Development (T4D) bank account on or before the start of the course |
| Accreditation | Tech For Development Certificate of Course Completion |
Course Overview:
This course offered at T4D is specifically designed for non-financial professionals who need to understand the basics of accounting and finance. It covers fundamental financial concepts and equips participants with the skills to interpret financial statements, understand financial terminology, and make informed business decisions based on financial data. The course provides a practical understanding of how accounting and finance functions impact overall business performance, helping non-financial professionals collaborate effectively with finance teams. By the end of this course, participants will feel confident navigating financial reports and using financial insights in their daily roles.
Course Duration:
5 Days
Target Audience:
- Managers and department heads without a finance background
- Entrepreneurs and small business owners
- Project managers and supervisors
- Marketing, operations, and HR professionals
- Anyone responsible for financial decision-making without formal accounting training
Personal Impact:
- Gain a clear understanding of essential accounting and financial concepts.
- Learn how to analyze financial statements and reports.
- Enhance decision-making by incorporating financial insights into your business role.
Organizational Impact:
- Strengthen financial literacy across non-financial departments.
- Improve cross-functional communication between financial and non-financial teams.
- Enable more informed, data-driven decision-making to boost business performance.
Course Objectives:
By the end of this course, participants will be able to:
- Understand and interpret key financial statements, including income statements, balance sheets, and cash flow statements.
- Analyze financial ratios and performance indicators to evaluate business health.
- Apply fundamental accounting concepts, including accruals, depreciation, and cost allocation.
- Use financial data to support decision-making and improve operational efficiency.
- Communicate effectively with finance professionals and understand financial reports.
Course Modules
Course Outline:
Module 1: Introduction to Financial Statements
- Overview of accounting and financial terminology
- Understanding the structure and components of financial statements
- How to read and interpret the income statement, balance sheet, and cash flow statement
- Practical Exercise: Analyzing a company’s financial statement
Module 2: Key Financial Ratios and Performance Indicators
- Introduction to key financial ratios: profitability, liquidity, efficiency, and solvency ratios
- Understanding how ratios are calculated and their significance in assessing business performance
- Practical Exercise: Calculating and interpreting financial ratios
Module 3: Cost Management and Budgeting
- Introduction to cost behavior and classification: fixed, variable, and overhead costs
- Basics of budgeting: creating, managing, and controlling a budget
- Practical Exercise: Developing a simple budget and analyzing variances
Module 4: Cash Flow Management and Capital Investment
- Importance of cash flow management and forecasting
- Capital investment decisions: understanding Net Present Value (NPV) and Internal Rate of Return (IRR)
- Practical Exercise: Cash flow analysis and investment decision-making
Module 5: Financial Decision-Making for Non-Financial Professionals
- Using financial data for business planning and decision-making
- Case Study: Applying financial principles to a business scenario
- Real-life Project: Interpreting financial data to make informed decisions
Course Administration
Methodology
Instructor-led sessions use a blended learning approach combining presentations, guided practical exercises, web-based tutorials, and group work, delivered by seasoned industry experts. All facilitation and course materials are in English, so participants should be reasonably proficient in the language.
Accreditation
Upon successful completion of this training, participants will be issued a Tech For Development Certificate of Course Completion certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at the Tech For Development Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
Accommodation & Airport Transfer
Arranged upon request.For reservations contact the Training Officer:
Email: [email protected]
Phone: (+254) 790 824 179
Tailor-Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our T4D Training Centre or at a convenient location.
Payment
Payment should be transferred to the T4D account through a bank on or before the start of the course. Send proof of payment to [email protected].
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