Finance for non-finance people
Being involved in the day-to-day running of a business without a basic understanding of finance is like trying to find your way around a blank map. It’s time to put a solution in place.
Nowadays, it’s hard to imagine professional teams without basic computer training. In fact, it’s becoming a redundant and overemphasized part of the curriculum. However, many employees lack a basic understanding of finance, which is key to making better business decisions.
By training your organization’s staff with the online course “Finance for non-finance people,” you will fill this skill gap and strengthen the cooperation between business units such as marketing, sales, administration and human resources.
What will your teams learn in this course?
Through this online training, your employees will acquire the necessary knowledge to understand the impact of the measures taken on key issues for the company, such as financing and investment.
They will also learn the tools to make an accurate diagnosis of the company’s financial situation and its market value. To this end, they will become familiar with fundamental concepts such as Cost of Goods Sold (COGS), Key Performance Indicators (KPIs) and the Profit and Loss Statement.
Concepts explored in this course:
- Value chain: what is value and how to create it?
- How the Profit and Loss Statement works
- Calculation of Cost of Goods Sold
- Contribution Margin Scheme
- Balance sheet: basic outline and application