An Interactive 5-Day Training Course
Building Financial Acumen for Non-Financial Managers
The 101 Guide for Effective Financial Decision
Course Overview
The Building Financial Acumen for Non-Financial Managers training course is designed to provide executives and business professionals with a clear understanding of core financial principles and their application in strategic decision-making. In today’s competitive environment, the ability to interpret financial information is essential for effective leadership and long-term success. This training course introduces participants to fundamental concepts such as accounting processes, financial reporting, and financial analysis, while also exploring how these areas influence business performance and strategic planning. By breaking down complex financial data into practical insights, the training course equips participants with the tools to confidently engage in financial discussions and contribute to organizational growth.
In addition to financial reporting, this training course places strong emphasis on management accounting, including budgeting, cost control, and investment appraisal methods. Participants will gain practical experience in evaluating financial performance, using techniques such as ratio analysis, break-even analysis, and discounted cash flow (DCF) evaluation. Organizations benefit from managers who can bridge the gap between strategy and finance, while participants enhance their decision-making skills, strengthen their ability to manage resources effectively, and improve communication with financial professionals. Ultimately, this training course empowers non-financial managers to support corporate profitability, sustainability, and strategic success.
This Building Financial Acumen for Non-Financial Managers training course will feature:
- The strategic and operational role of finance in business
- Principles of accounting and financial reporting
- Techniques for understanding and analyzing financial reports
- Management accounting’s role in cost control and efficiency
- Evaluating investment returns to meet stakeholder expectations
Training Outline
- Overview of the Business Environment
- Importance of Financial Management: Exploring the crucial role of financial management within organizations.
- Creating a Strategic Financial Plan: Developing a long-term financial strategy to guide business decisions.
- Distinguishing between internal and external financial data.
- Identifying the critical elements of published annual financial statements.
- Financial Performance Analysis
- Determining when and why to finance a business.
- Exploring various sources and types of financing
- Determining the cost of financingThe importance of considering the time value of money in investment decisions.
- Understanding the steps involved in capital investment decisions.
- Basic Appraisal Methods: ARR and Payback.
- Understanding the role and significance of budgeting in business management.
- Assessing the relevance of different budgeting models for your business.
- Budget Preparation and Implementation
Certificates
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
What do you need to learn next?
Check our list of courses or let us customize a course for you.
View courses
