Accounting and Finance for Managers

This DIXONTECH course provides managers with essential financial and accounting knowledge to make sound business decisions. Participants will learn to interpret financial statements, understand budgeting and forecasting, analyze costs, and apply financial ratios. This program bridges the gap between accounting theory and managerial practice, empowering leaders to enhance profitability and strategic performance through informed financial management.

TRAINING TOPICS

• Financial fundamentals for non-financial managers
• Budgeting, forecasting, and financial control
• Cost behavior and decision-making tools
• Working capital and cash flow management
• Investment appraisal and capital budgeting
• Financial performance analysis and KPIs

BY THE END OF THIS TRAINING COURSE, DELEGATES WILL BE ABLE TO:

Gain key financial insights to make better managerial decisions.

• Interpret financial statements effectively
• Analyze and manage budgets confidently
• Apply cost analysis for strategic planning
• Control cash flow and working capital efficiently
• Evaluate investment opportunities accurately
• Link financial ratios to performance improvement
• Strengthen decision-making through financial data

TRAINING IS TAILORED TO

Managers and professionals aiming to understand key accounting and finance principles.

• General Managers and Executives
• Department Heads and Supervisors
• Project and Operations Managers
• Business Development Professionals
• Team Leaders and Coordinators
• Entrepreneurs and Start-up Owners
• Non-financial professionals managing budgets

TRAINING METHODOLOGY

This DIXONTECH program combines case studies, interactive discussions, financial simulations, and group exercises. Participants engage in practical exercises, analyze real company data, and develop strategic insights. The approach ensures hands-on understanding of financial management concepts applicable to their workplace.

DAY 1

UNDERSTANDING FINANCIAL STATEMENTS

• Key principles of accounting and finance
• The accounting equation and double-entry system
• Structure of income statement and balance sheet
• Understanding cash flow statements
• Differentiating profit, cash, and value creation
• Common financial terminology for managers
• Linking accounting data to managerial goals

DAY 2

BUDGETING, FORECASTING, AND FINANCIAL CONTROL

• Objectives and benefits of budgeting
• Budget preparation and monitoring processes
• Variance analysis and corrective actions
• Forecasting techniques for planning accuracy
• Rolling forecasts and dynamic budgets
• Linking strategic plans to budgets
• Case study: budget control in action

DAY 3

COST ANALYSIS AND DECISION-MAKING TOOLS

• Understanding cost behavior and classifications
• Break-even and contribution analysis
• Cost-volume-profit (CVP) relationships
• Activity-based costing applications
• Make or buy and pricing decisions
• Marginal costing for short-term analysis
• Practical decision-making exercises

DAY 4

WORKING CAPITAL AND CASH FLOW MANAGEMENT

• Managing liquidity and short-term assets
• Cash flow forecasting and planning
• Inventory, receivables, and payables optimization
• Cash conversion cycle improvement methods
• Identifying sources of working capital finance
• Techniques for efficient cash management
• Case example: improving liquidity ratios

DAY 5

INVESTMENT APPRAISAL AND FINANCIAL PERFORMANCE ANALYSIS

• Capital budgeting and investment evaluation methods
• Net present value (NPV) and internal rate of return (IRR)
• Payback and profitability index analysis
• Interpreting financial ratios and KPIs
• Linking financial results to business strategy
• Enhancing value creation through financial decisions
• Integrating financial metrics into management reporting