Course Overview

This course is designed to empower non-financial staff with essential financial analysis skills. Participants will learn to understand and interpret financial data, support informed decision-making, and contribute effectively to their organization’s financial health.

The training covers the basics of financial statements, key financial ratios, budgeting, and how financial information links to daily operations. It simplifies financial concepts, making them easy to grasp for staff across all departments.

Course Objectives

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

  1. Understand the purpose and components of basic financial statements.

  2. Analyze financial performance using key ratios and indicators.

  3. Interpret budgets and monitor financial progress.

  4. Connect departmental actions to financial outcomes.

  5. Communicate effectively with finance teams using financial terminology.

  6. Contribute to cost control, resource planning, and financial sustainability.

Course Content

Module 1: Introduction to Financial Literacy

  • Importance of financial knowledge for all staff

  • Basic financial terms and concepts (assets, liabilities, equity, income, expenses)

  • Overview of financial responsibilities in different departments

Module 2: Understanding Financial Statements

  • Income Statement (Profit & Loss Account)

  • Balance Sheet (Statement of Financial Position)

  • Cash Flow Statement

  • How to read and interpret each statement

Module 3: Financial Ratios and Analysis

  • Profitability ratios (gross margin, net margin)

  • Liquidity ratios (current ratio, quick ratio)

  • Efficiency ratios (receivables turnover, inventory turnover)

  • Using ratios to understand business health

Module 4: Budgeting and Financial Planning

  • What is a budget and why it matters

  • Departmental vs. organizational budgets

  • Tracking budget performance

  • Understanding variances and taking action

Module 5: Cost Awareness and Resource Optimization

  • Fixed vs. variable costs

  • Cost-saving opportunities at the departmental level

  • Linking operations to financial impact

  • Role of staff in achieving financial targets

Module 6: Communicating with Finance Teams

  • Understanding reports from the finance department

  • How to ask the right financial questions

  • Presenting non-financial reports with financial insight

  • Building collaboration between finance and operations

Module 7: Case Studies and Practical Exercises

  • Sample financial statements interpretation

  • Group exercises on budgeting and variance analysis

  • Real-world case scenarios (e.g., project costing, program budgeting)

Target Audience

This course is ideal for:

  • Program and Project Officers

  • Administrative and Operations Staff

  • Human Resource Managers

  • Department Heads (Non-Financial)

  • Marketing, Procurement, and Logistics Staff

  • Any employee who makes finance-related decisions but lacks financial training

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