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Introduction to Financial Management for Non-Financial Managers
Introduction:
Welcome to this SMME Development Course. As part of your business development journey you are required to study and successfully complete this course on Financial Management for Non-Financial Managers.
Course Overview:
- Duration: 5 - 6 Hours or Self Paced
- Publisher: LearnHUB, Powered by Regent Business School
- Certification: A Certificate of Completion will be issued to all candidates who successfully complete the requirements of the programme.
- Take your time and ensure to carefully engage with every aspect of this course, to ensure adequate preparation for the final assessment. A minimum of 80% is required to pass.
Learning Outcomes:
- Provide a comprehensive explanation of the functions performed by financial management, including its roles in planning, organising, directing, and controlling financial resources to achieve organisational goals effectively.
- Clarify the concept of the time value of money, understanding its fundamental principle that money available today is worth more than the same amount in the future due to its potential earning capacity or interest.
- Demonstrate the ability to calculate present values and future values of both lump sum investments and annuities, employing appropriate financial formulas and techniques to determine the worth of cash flows over time.
- Provide a detailed explanation of financial statements, understanding their purpose, components, and importance in communicating the financial performance and position of an entity to stakeholders.
- It is advisable to complete this course in two sittings. However, your progress is auto-saved and you can pick up where you left off if you are attempting this course at your own pace.
Course Content
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Conclusion
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Additional Resource Material
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Final Assessment
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