Early Birds Save Up To 30%. Download Brochure to Learn More

Finance for Non-Financial Managers & Executives Training Course

This training course teaches non-finance staff the basics of financial reports, as well as the fundamentals of business valuation and the creation of shareholder value.

Dates, Locations & Fees | Instructor | Download brochure | Book your seat

Looking for the Finance for Non-Finance sessions in Asia (Singapore, Hong Kong, Malaysia, Bangkok)? Click here.

Course overview

In the competitive world of global business in the 21st century, executives at all levels need to develop a good appreciation of basic financial reports, as well as the fundamentals of business valuation and the creation of shareholder value.

You may be an expert in your own technical or business field, but if you're given a position of greater responsibility where understanding and talking the language of finance becomes a significant part of your job, you need to be adequately equipped to do the job.

You'll also be able to make better business decisions with the right financial skills.

Ethan Hathaway's Finance for Non-Finance Managers & Executives course quickly teaches you the basics of financial accounting, how to build a good understanding of financial reporting, and to develop a good foundation in business valuation.

"Brought a greater understanding of finance in an easy to learn way." - W.V., Inspectorate, UAE

Have a question? Email us at:

or call us at: (+852) 2273-4393

Course agenda highlights

DAY ONE

An Introduction to Business Finance

World Stock Markets, Ownership & Share Valuation
Financial Valuation methods
Finding true value
Assessing Financial Risk
Financial Reports and Accounts
Corporate Structures

Financial Accounting

Financial Accounting Systems
Recording financial transactions
Corporate Governance & Business Ethics

The Importance of Cash – The Cash Cycle

Understanding the Cash Cycle
Working Capital Management
Control of Cash, Receivables, Payables & Inventories

The Operating or P&L Statement

The P&L - structure, form & content
Accrual Accounting & Revenue Recognition
Accounting Principles
Understanding Depreciation
Cash vs Profit
EBITDA and other measures of profitability

Measuring Corporate Profitability with Ratios

Comparing performance using ratio analysis
Exercises & mini-case studies

DAY TWO

Review of Day One

Understanding Balance Sheets

Structure, form and content of the Balance Sheet
Valuation issues when recording Short & Long Term Assets
Why use depreciation?
Accounting for Goodwill
Liabilities - recording, measuring, recognizing
What is Equity?
Financial Capital, Intellectual Property & Intellectual Capital
Book Values vs Real World Values

Workshop – Recording Transactions

Use of Excel spreadsheets to develop financial reports

Management Ratios

Analysing corporate performance
The Pyramid of Ratios and the Du Pont Value chain
Other performance measures used in financial analysis - linking book to market measures

Workshop – Ratio Analysis

Use of Excel spreadsheets to analyse financial reports

The Importance of the Cash Flow Statement

Relevant sections of the CF statement
Understanding changes in reported cash positions
Building a cash flow forecast

Accounting for Economic Profit and Shareholder Value

Creating and measuring value for shareholders
The link with traditional accounting
Organizing and managing with EP
Exercises & mini-case studies

Workshop: Applying the Economic Value model

DAY THREE

Review of Day Two

Capital Budgeting and Project Appraisal

The Cost of Capital and WACC
Risk and Return
Investment Appraisal & Capital Budgeting techniques
Payback, IRR and other valuation methods
Decision-making using the NPV rule & horizon values

Workshop – Project Appraisal & Valuations

Building a capital budgeting case
Valuing a business
Alternative valuation methods
Decision making and common decision rules

Review of Project Appraisal case

Intellectual Capital

The Valuation Gap - what's missing on the balance sheet
Intangibles and Intellectual Capital
Knowledge Enterprises and the "Valuation Gap"
Understanding the "value" of your people and IP

Summary of key financial concepts and learning points

*Course content may vary depending on course location. Please see course brochure for exact course agenda for your preferred session

Who should attend?

Business Managers
Department Heads & Managers
Profit Center Managers
Sales & Marketing managers
Accountants
Corporate Treasury Managers
Investment professionals
Any manager or executive with a non-financial background looking to learn the fundamentals of finance

Have a question? Email us at:

or call us at: (+852) 2273-4393

What do you get from Ethan Hathaway courses?

Practical. Learn from experienced and active industry practitioners and what's being practiced by your peers.
Applicable. Apply what you learn in your job and your career
Specially designed courses by industry active experts for industry practitioners
Valuable. Earn more revenue or save your organisation from monetary loss. You and your organisation will quickly earn back your investment on the course fee and more
Enjoyable. Speakers who have a passion for their topic
Clear. Turning complex concepts into easy to understand concepts
You gain knowledge and skills that make you valuable to your company and your career
Instruction by industry experts
Course notes and reference materials package
Daily lunch, snacks and refreshments
Certificate of completion
Meeting your industry peers
Ask questions relevant to your job
Limited seats - each session is limited to between 18-25 seats
Much, much more
Download the course brochure to learn more

Your course instructor

Bryan Rimmer: Bryan is an experienced trainer who's past clients include several major
corporations including Hewlett-Packard, Schlumberger (worldwide), British Telecom, Exxon Corporation (U.S.A., Europe and Asia), Dow Chemical (Europe and Asia Pacific), Eli Lilly (Europe and South Africa), Avon, Siemens-Nixdorf, Baxter International, Towers-Perrin, and Universit't der Bundeswehr MBA program.

Bryan was previously a member of External Faculty at the London Business
School's Executive Education department where he has taught finance and strategy programs.

Robert Britton: Robert Britton is an experienced freelance banking tutor and management training consultant who has delivered high impact programmes throughout Western Europe and the Middle East. He has been involved in management training on a full-time basis since 1994, following a successful career in retail and commercial banking.

Dates & Locations & Fees

Date	Location	Venue	Course Fee	Early Bird Fee
19 Apr - 21 Apr, 2010	Dubai, United Arab Emirates	TBA	£2797	See Brochure
17 May - 19 May, 2010	London, UK	TBA	£2797	See Brochure
1 Nov - 3 Nov, 2010	Amsterdam, Netherlands	TBA	£2797	See Brochure
22 Nov - 24 Nov, 2010	Dubai, United Arab Emirates	TBA	£2797	See Brochure

Early Bird Savings Early Birds Save Up To 30% Off the Regular Fee, download the brochure to learn more

Limited seats - Email us: for availability.

* Venue, dates, course fees, promotions, course content, course instructor are all subject to change

Can't find a session in a city near you?

If there's no session scheduled in a city near you, you have the following options:

In-house training: If you have a group of 8 or more, consider having us run this course in-house for you
Co-sponsored training: Between 5-7 people, consider a co-sponsored course - you agree to send this set number of people to the course if we run it in a city near you and Ethan Hathaway sells the remaining seats to other companies
Distance learning: Less than 5 people, consider distance training format: live trainer presents over phone lines/web at pre-scheduled times (available only for select courses)
Just tell us where you want the course: Let us know which city you'd like us to run this course in - we'll plan it if there's enough demand

Email us at: for more information regarding the above options.

Register for the course

You may book your place on the course by any of these methods:

Online booking - simply click on the "Register Me" button next to the course date you wish to register and it will take you through our quick online registration procedure.
Email us at: - please include your full contact details.
Fax us the booking form (included in the brochure) to: +852 3014-0721
Or call: +852 2273-4393 during normal office hours

Looking for the Finance for Non-Finance sessions in Asia (Singapore, Hong Kong, Malaysia, Bangkok)? Click here.

Related Courses

Learn more about this course

Inside the course information booklet you'll find:

Detailed course agenda of what you'll learn
Eligible discounts
Our course quality guarantee
Course expert biography
Course venue details
Cancellation & refund policies
Course registration form
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