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Building Financial Acumen for Non-Financial Managers

An Interactive 5-Day Training Course

Building Financial Acumen for Non-Financial Managers

The 101 Guide for Effective Financial Decision

NASBA
Classroom Schedule
Date Venue Fees
23 - 27 Mar 2026 London $ 5,950
15 - 19 Jun 2026 Amsterdam $ 5,950
28 Sep - 02 Oct 2026 Dubai $ 5,950
14 - 18 Dec 2026 London $ 5,950
22 - 26 Mar 2027 London $ 5,950

Introduction

In today's dynamic business environment, understanding financial principles is crucial for executives and business professionals to drive success and maintain competitiveness.

 This Building Financial Acumen for Non-Financial Managers training course is designed to demystify finance for non-financial managers, equipping them with essential skills to navigate profitability, liquidity, and financial structure.

 This interactive training course covers fundamental financial concepts, including accounting processes, financial reporting, and analysis. Participants will gain insights into how these financial reports influence business decisions and strategic planning.

 The training course also emphasizes management accounting, focusing on budgeting, cost control, and investment evaluation. By bridging financial and strategic perspectives, the training course empowers professionals to make informed decisions that enhance corporate profitability and sustainability.

 This GLOMACS Building Financial Acumen for Non-Financial Managers training course will highlight:

  • The strategic and operational role of finance in business
  • Principles of accounting and financial reporting
  • Techniques for understanding and analyzing financial reports
  • Management accounting’s role in cost control and efficiency
  • Evaluating investment returns to meet stakeholder expectations

Objectives

At the end of this Building Financial Acumen for Non-Financial Managers training course, you will learn to:

  • Explain the role and interpretation of financial statements
  • Communicate effectively with financial professionals using accounting terminology
  • Review organizational performance using financial ratios and break-even analysis
  • Implement budgetary control to compare actual performance with planned targets
  • Evaluate investment projects through DCF and other appraisal methods

Training Methodology

The delegates on this training course will receive thorough training on the subjects utilising a variety of proven adult learning teaching and facilitation techniques include the following:

  • A presentation in a highly interactive manner
  • Individual and group activities, interspersed throughout the sessions, along with appropriate case studies
  • Video documentaries that will highlight the significant teaching features

Organisational Impact

The Organisation will have the following benefits,

  • Increasing awareness of accounting and finance roles
  • Improving understanding of accounting systems and financial reports
  • Enhancing contributions to financial discussions and decision-making
  • Utilizing tools for effective financial control and management
  • Identifying and managing business risks for sustainable growth

Personal Impact

At the end of this training course, the participants will gain the following,

  • A deeper understanding of financial systems and statements
  • Improved ability to contribute to financial discussions and management
  • Skills to evaluate alternative actions for organizational improvement
  • Effective communication with departments on financial matters

Who should Attend?

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Sales and marketing executives
  • Supply chain and project professionals
  • Internal auditors and non-financial professionals
  • Senior managers in manufacturing, marketing, and engineering
  • Human resources, legal professionals, and consultants involved in strategic decision-making
Course Outline
Day 1

Understanding the Business & Financial Landscape

  • Overview of the Business Environment
  • Importance of Financial Management: Exploring the crucial role of financial management within organizations.
  • Creating a Strategic Financial Plan: Developing a long-term financial strategy to guide business decisions.
  • Purpose of Financial and Management Accounting: Examining the functions and objectives of financial and management accounting.
  • Accounting Standards and Practices: Reviewing accounting conventions, policies, and International Financial Reporting Standards (IFRS).
  • Executive Responsibilities in Corporate Governance: Understanding the role of executives in ensuring effective corporate governance.
Day 2

Analyzing Financial Statements for Executive Decisions

  • Distinguishing between internal and external financial data.
  • Identifying the critical elements of published annual financial statements.
  • Financial Performance Analysis
  • Techniques for effective management of working capital.
  • Indicators of Business Viability
Day 3

Strategic Financial Decision-Making

  • Determining when and why to finance a business.
  • Exploring various sources and types of financing
  • Determining the cost of financing
  • Internal versus External Growth Strategies
  • Restructuring Strategies
Day 4

Capital Investment and Budget Management

  • The importance of considering the time value of money in investment decisions.
  • Understanding the steps involved in capital investment decisions.
  • Basic Appraisal Methods: ARR and Payback.
  • Discounted Cash Flow Techniques:
    • NPV
    • IRR
    • Discounted cash flow analysis
  • Profitability Index
  • Risk and Uncertainty Management
Day 5

Cost Management & Budget Control

  • Understanding the role and significance of budgeting in business management.
  • Assessing the relevance of different budgeting models for your business.
  • Budget Preparation and Implementation
  • Techniques for monitoring and controlling the budget.
  • Using variance analysis to assess deviations from the budget.
  • Decision-making through CVP and break-even analysis.
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers

Endorsed Education Provider

NASBA
Options & Brochure
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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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