Finance for Non Finance Managers Online Course

Finance for Non Finance Managers Online Courses in South Africa


2KO South Africa offers online courses in Finance for Non Finance Managers, available world-wide 24x7 over the Internet. Online personal finance courses are available through 2KO Africa, and students in Johannesburg, Cape Town and Durban are able to enrol today. In fact we make our courses available all over South Africa and beyond our borders. The only requirement for these courses is a computer with internet connection. 2KO Africa training centers deliver computer courses for certification, with enrollments open for full-time classes or internet-based online courses.


Course Description

This course will give managers at all levels a concrete overview of all aspects of managing the finances of a business or project. Some of the areas you will delve into are budgets, business plans, balance sheets and income statements, strategic vision, managing operational risks, assessing profitability, cash flow problems, accounting documents and financial forecasts. After working through the modules of this course you will feel secure in your working knowledge of the finances of your business and your understanding of how problems occur and what steps you can take to solve them.


Course Objectives

To understand the basics and best practices in the creation of value

To understand the budget process, define your role and steps in preparing your budget

To turn strategic objectives into operational targets and develop a business plan

To design and use a scorecard

To identify and manage operational risks

To carry out a financial analysis of an industrial and commercial company using a specific method and based on the information available, and to select the right analysis tools to create an action plan

To evaluate the forecast profitability of a project

To identify the different cash flow problems and the solutions to each of these problems

To understand the content and role of the balance sheet and income statement

To master the key financial analysis ratios and evaluation models

To identify your role in value creation and financial flows


Course Duration

8.5 hours


Course Content

The eleven modules in this course are:

A logical approach to corporate finance - understand the relationship between operational decisions and the impact on the balance sheet and income statement, key concepts of value added

Constructing and managing a budget - focus on the impact of your budget as an essential step in managing the company

Strategic vision and activity management - learn to define and implement a control enabling you to attain your objectives

Constructing your living balanced scorecard - learn to use a scorecard as a steering and reporting tool

Managing operational risks - understand risk management tools, identify and assess risks

How to carry out a financial analysis - define the financial analysis process, learn to use financial analysis tools

Assessing the profitability of an investment project - use and interpret profitability criteria

Analysing and solving cash flow problems - identify the causes of a reduction in cash flow and master the solutions to cash flow problems

Decoding the balance sheet and income statement - identify and analyse the structure and content of the balance sheet and income statement as well as each person's role in these documents

Analysing and evaluating corporate financial data - master the basics of financial analysis, use ratios, detect additional sources of information, understand scoring and rating (the external view of banks and financial markets)

Relating your contribution to value creation - discover how to improve your company's economic performance through the five principles of value creation, engage in more effective dialogue with internal and external finance providers by understanding the cash flow statement and the importance of Free Cash Flow