A Highly Interactive Training Course On

Finance for Everyone

Building Confidence in Financial Decision-Making

Finance for Everyone
Course Schedule

CLASSROOM

17-21 Feb 2025
Dubai
$5,950
21-25 Apr 2025
London
$5,950
16-20 Jun 2025
Dubai
$5,950
04-08 Aug 2025
Riyadh
$5,950
22-26 Sep 2025
Dubai
$5,950
22-26 Dec 2025
Dubai
$5,950
Certificate
  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course

Training Overview

Training Overview

Finance is a key factor in every business, influencing decisions at all levels. For those without a finance background, understanding essential financial principles and tools can be a game-changer, enabling them to make more meaningful contributions to organizational success. This Finance for Everyone training course is designed for individuals with no formal finance training. It simplifies complex financial concepts and provides participants with the knowledge and confidence to understand financial data, collaborate with finance teams, and make informed decisions.

Through interactive activities, real-life examples, and engaging discussions, participants will cover financial statements, performance analysis, budgeting, forecasting, and financial decision-making. By the end of the course, they will be equipped to apply financial insights to their roles and enhance outcomes for their organizations.

What are the goals?

By the end of this training course, participants will be able to: 

  • Understand key financial concepts and terminology
  • Read, interpret, and analyze financial statements
  • Evaluate organizational performance using financial ratios
  • Develop and manage budgets effectively
  • Use financial tools to support strategic decision-making

Who is this Training Course for?

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

  • Managers, team leaders, and department heads from non-financial backgrounds
  • Entrepreneurs and small business owners without formal financial training
  • Professionals from any function seeking to understand and apply financial concepts in their roles

How will this Training Course be Presented?

This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes an interactive mixture of lecture-led learning & group discussions.

The Course Content

Day One: Introduction to Finance and Key Concepts
  • What is Finance? The role of finance in business
  • Key financial terms and definitions
  • Understanding the accounting equation: Assets = Liabilities + Equity
  • Differentiating between financial accounting and management accounting
  • Interactive Exercise: Matching financial terms to their real-world applications
Day Two: Financial Statements Made Simple
  • Overview of financial statements
  • Income Statement (Profit and Loss Statement): Understanding revenue, expenses, and profit
  • Balance Sheet: Assets, liabilities, and equity
  • Cash Flow Statement: Operating, investing, and financing activities
  • How to interpret and analyze financial statements
  • Case Study: Analyzing a real company’s financial statements to identify strengths and weaknesses
  • Group Activity: Creating a simplified version of financial statements from provided data
Day Three: Financial Ratios and Performance Analysis
  • Introduction to financial ratios
  • Liquidity Ratios: Current ratio, quick ratio
  • Profitability Ratios: Gross profit margin, net profit margin, return on equity (ROE)
  • Efficiency Ratios: Inventory turnover, accounts receivable turnover
  • Interpreting financial ratios to assess business health and performance
  • Workshop: Calculating ratios using sample data and discussing implications
  • Benchmarking: Comparing performance against industry standards
Day Four: Budgeting and Forecasting for Non-Finance Professionals
  • The importance of budgeting in achieving business goals.
  • Setting objectives
  • Allocating resources
  • Monitoring and controlling expenditures
  • Basics of forecasting
  • Using historical data to predict future trends.
  • Simple techniques for non-finance professionals.
  • Hands-On Exercise: Developing a basic budget and forecast for a hypothetical department
  • Discussion on variance analysis: Identifying and addressing deviations from the budget
Day Five: Finance for Strategic Decision-Making
  • Understanding cost structures: Fixed vs. variable costs
  • Conducting cost-benefit analysis for decision-making
  • Breakeven analysis: Identifying the point of profitability
  • Basics of investment appraisal
  • Net Present Value (NPV)
  • Internal Rate of Return (IRR)
  • Payback period
  • Aligning financial decisions with strategic business goals
  • Final Group Project: Evaluating a business scenario and presenting financial recommendations to a mock leadership team