• Instructor-Led Courses
• Online Courses
• In-House Training
• FAQ & Customer Service
• Articles & tips
• Blog

• Financial Modelling in Excel
• Effective Leadership and Management
• Client Relationship Management
• Financial Modelling in Excel - UK & Europe and Middle-East
• Project Management
• Financial Modeling in Excel - Americas
• Finance for Non-Finance Managers & Professionals - Asia

---

---

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.

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.

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

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

Back to Top

Have a question? Email us at: or call us at: (+852) 2273-4393

Why Ethan Hathaway training 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
• Quality Control. Each expert instructor is interviewed and vetted through our senior management and our 5-point instructor criteria.
• 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
• Limited seats - each session is limited to between 18-25 seats

What do you receive from an Ethan Hathaway training course?

• You gain knowledge and skills that make you valuable to your company and your career
• Instruction by industry experts
• Course notes and reference package
• Daily lunch, snacks and refreshments
• Certificate of completion
• Meeting your industry peers
• Ask questions relevant to your job

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.

Back to Top

Dates & Locations & Fees

Date	Location	Venue	Course Fee	Early Bird Fee	Register
1 Nov - 3 Nov, 2010	Amsterdam, Netherlands	TBA	£2797	See Brochure
22 Nov - 24 Nov, 2010	Dubai, United Arab Emirates	TBA	£2797	See Brochure
28 Mar - 30 Mar, 2011	Johannesburg, South Africa	TBA	US$2000	See Brochure
24 Oct - 26 Oct, 2011	Johannesburg, South Africa	TBA	US$2000	See Brochure

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:

1. 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.
2. Email us at: - please include your full contact details.
3. Fax us the booking form (included in the brochure) to: +852 3014-0721
4. Or call: +852 2273-4393 during normal office hours

Back to Top

Related Courses

• Financial Modelling in Excel
• Effective Leadership and Management
• Client Relationship Management
• Financial Modelling in Excel - UK & Europe and Middle-East
• Project Management
• Financial Modeling in Excel - Americas
• Finance for Non-Finance Managers & Professionals - Asia

Back to Top

Learn more about this course

Back to Top