Finance and TreasuryFinancial Management for Non Financial Managers
A manager who cannot read the accounts is dependent on someone else's summary of their own department, and usually finds out about a problem when it is already in the year end. This course removes that dependence. Delegates work through the three statements and what each is for, including why a profitable operation can run out of cash. Reading a set of accounts and asking the questions that reveal what the figures do not say follows. Costs are covered properly: fixed and variable, direct and indirect, and the allocation decisions that make a department look better or worse than it is. Budgeting, forecasting and variance analysis follow, including explaining a variance without either blaming or hiding. Investment appraisal is covered at a level that supports a business case. Working capital is addressed. The course closes on the numbers a manager should watch monthly.
Course objectives
- Explain what each of the three statements is for
- Understand why a profitable operation can run out of cash
- Read accounts and ask what the figures do not say
- Separate fixed, variable, direct and indirect costs
- Recognise how allocation flatters or penalises a department
- Budget, forecast and explain variances honestly
- Appraise an investment and watch the right monthly numbers
Who should attend
- Operations, technical, and engineering managers with budget responsibility
- Project managers overseeing donor or government funded initiatives
- Department heads new to financial oversight duties
- HR, procurement, and administration managers who liaise with finance
- Team leaders being groomed for general management roles
Course outline
- 01Dependent on someone else's summary
- 02The three statements and their purpose
- 03Profit against cash
- 04Reading a set of accounts
- 05Fixed, variable, direct and indirect cost
- 06Allocation and how it flatters
- 07Budgeting, forecasting and variance
- 08Investment appraisal, working capital and monthly numbers
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 2 to 4 November 2026 | Online | Online | R6,500 per delegate | Register Now |
| 25 to 27 November 2026 | Windhoek, Namibia | Classroom | R14,950 per delegate | Register Now |
| 15 to 17 February 2027 | Maputo, Mozambique | Classroom | USD 995 per delegate | Register Now |