Bahrain - Manama - Financial Management for Non-Financial Professionals - W Training
AR EN
W Training

Financial Management for Non-Financial Professionals

  • Financial Management for Non-Financial Professionals
  • Bahrain - Manama

Financial Management for Non-Financial Professionals

Course Category : Strategy

Develop financial competence among non-financial managers through financial statement interpretation, cost analysis, budgeting, and investment evaluation to strengthen organisational performance and financial sustainability..

Starts On

28 - February - 2027

Ends On

4 - March - 2027

Location

Bahrain - Manama

Language

Arabic

View the course details and register to enroll.

Register Now

View Course Introductory PDF

Targeted Audience

  • Executives and Non-Financial Department Managers.
  • Department Heads and Administrative Supervisors.
  • Project and Operations Managers.
  • Strategic Planning and Business Development Professionals.
  • Human Resources, Procurement, and Service Managers.
  • Entrepreneurs and Business Owners.
  • Professionals Involved in Budgeting and Resource Allocation Decisions.

Targeted Skills

  • Understanding Fundamental Financial and Accounting Concepts.
  • Reading and Interpreting Financial Statements.
  • Cost, Profitability, and Break-Even Analysis.
  • Budget Preparation and Variance Monitoring.
  • Cash Flow and Liquidity Management.
  • Financial Ratio and Performance Analysis.
  • Financial Evaluation of Investment Alternatives.
  • Aligning Operational Decisions with Financial Objectives.

Expected Outcomes

  • Explain fundamental financial and accounting concepts used in business.
  • Interpret balance sheets, income statements, and cash flow statements.
  • Analyse key financial indicators to assess performance, profitability, and liquidity.
  • Differentiate cost categories and explain their implications for managerial decisions.
  • Interpret operating budgets and analyse planned versus actual financial results.
  • Evaluate the implications of cash flow patterns for operational continuity.
  • Understand financial criteria for comparing projects and investments.
  • Apply financial information to resource allocation and organisational decision-making.

Training Topics Index

  • The role of financial management in achieving organisational objectives and supporting managerial decisions.
  • Fundamental accounting concepts assets, liabilities, equity, revenues, and expenses.
  • Relationships between profitability, liquidity, cash flow, and financial sustainability.
  • Financial accounting versus management accounting and their organisational functions.
  • Financial responsibilities of non-financial managers, including control and accountability principles.

  • Understanding the statement of financial position and interpreting assets, liabilities, and equity.
  • Analysing income statements, revenues, expenses, and profit margins.
  • Interpreting cash flow statements across operating, investing, and financing activities.
  • Essential financial ratios liquidity, profitability, leverage, and operational efficiency.
  • Linking financial results and performance indicators to organisational outcomes.

  • Classification of fixed, variable, direct, and indirect costs.
  • Cost-volume-profit relationships and break-even analysis.
  • Fundamental principles of operating budget preparation and financial resource estimation.
  • Budget variance analysis and comparison of planned versus actual results.
  • Financial control, expenditure optimisation, and operational efficiency.

  • Cash flow fundamentals and their importance for financial stability.
  • Working capital management and relationships between inventories, receivables, and payables.
  • Cash requirement forecasting and short-term liquidity gap assessment.
  • Cash conversion cycle management and efficient resource utilisation.
  • Early financial risk indicators and approaches to maintaining cash flow stability.

  • Using financial information to compare managerial and strategic alternatives.
  • Time value of money and its implications for investment decisions.
  • Investment appraisal principles using Net Present Value (NPV) and Internal Rate of Return (IRR).
  • Understanding Return on Investment (ROI), payback periods, and investment risks.
  • Integrating financial performance indicators into strategic planning and sustainable decision-making.