“The NTUiTiV Difference” – This is Why This Course is Right for You
- Special Discounted Price of US$3,950 – the usual price is US$4,950
- Satisfaction Guaranteed – or we will give you your money back!
- 15% Early-bird Discount – for the first 3 people to register for any course
- 20% Group Discount – if you come with one or more colleagues
- No More Than 12 Delegates on the course – guaranteed
See our homepage for more detailed information about these NTUiTiV Differences.
Understand the Numbers Behind Every Business Decision
In today’s competitive and data-driven business environment, financial literacy is no longer optional. Managers and professionals in every department must understand how financial decisions influence performance, profitability, and long-term strategy.
This highly practical 5-day programme introduces the essential principles of accounting and finance to professionals who do not have a financial background. Designed for accessibility and clarity, the course explains key financial terminology, demonstrates how financial statements are prepared and interpreted, and shows how budgeting, costing, and investment decisions shape organizational outcomes.
Through practical examples and case studies, participants gain a clear understanding of how accounting and finance connect every part of an organization — from suppliers and customers to lenders, shareholders, and wider stakeholders. By the end of the programme, delegates will possess the confidence to interpret financial information and apply it to real-world decision-making.
Why this course is important
Many professionals are responsible for decisions that affect financial outcomes without fully understanding the financial principles behind those decisions. Without a basic understanding of accounting and finance, managers may struggle to interpret financial reports, evaluate investment proposals, or understand the financial consequences of operational choices.
This course bridges that gap. It equips non-financial professionals with the knowledge and confidence to engage with financial information, communicate effectively with finance teams, and contribute to better business decisions.
By understanding how financial statements work, how costs behave, and how budgets and forecasts guide strategy, participants develop the ability to link operational actions with financial performance — a critical capability for modern leadership.
Who should attend
This programme is ideal for professionals who want to strengthen their financial understanding without needing prior finance training, including:
- Leaders at all levels
- Managers and directors across all departments
- Strategic and planning specialists
- Professionals who regularly use financial information
- Specialists who want to understand how their decisions affect financial results
The course is specifically designed for those who wish to gain financial confidence and practical insight into how organizations measure performance and make financial decisions.
What you will learn
By the end of the programme, participants will be able to:
- Understand the role and purpose of accounting within an organization
- Distinguish between IFRS, GAAP and other accounting frameworks
- Interpret income statements, balance sheets and cash flow statements
- Understand key financial terminology and accounting principles
- Perform basic ratio analysis to evaluate business performance
- Analyse cost structures and understand production costing methods
- Calculate break-even points and evaluate cost changes
- Understand forecasting methods and different types of budgeting systems
- Conduct variance analysis and interpret financial performance against budgets
- Apply capital budgeting techniques such as NPV, IRR and MIRR
- Understand working capital management and capital structure decisions
Participants will leave with the knowledge and confidence to interpret financial information and use it to support more effective decision-making.
The course develops progressively across five structured days:
Day 1 – Accounting Fundamentals & Financial Statements
Participants explore the foundations of accounting, the rules governing financial reporting, and key terminology. The differences between IFRS, GAAP and local accounting frameworks are examined, alongside the three fundamental financial statements — the Income Statement, Balance Sheet and Cash Flow Statement — and the relationships between them. Concepts such as profit versus cash flow, working capital, assets, liabilities and equity are clarified through a case study examining a global company’s financial report.
Day 2 – Basic Evaluation of Financial Statements
Participants examine how finance differs from accounting and learn essential financial terminology. They then explore ratio analysis, including profitability, liquidity, operating, leverage and market ratios. The importance of cash cycles and operating cycles is discussed, along with the role of depreciation, amortization and depletion. A practical case study guides participants through evaluating a company using its financial report.
Day 3 – Introduction to Costing
This session introduces the costs of production, including fixed, variable, mixed, marginal and incremental costs. Inventory accounting methods such as FIFO, LIFO, specific identification and average cost are explained. Participants also learn break-even analysis — including cash, accounting and financial break-even — and apply these techniques in a case study examining how changing costs affect company performance.
Day 4 – Introduction to Budgets & Forecasting
Participants explore forecasting methods and the relationship between forecasting and budgeting. The benefits and limitations of budgets are examined, alongside different types of budgets including traditional, flexible, zero-based, rolling and activity-based approaches. The day concludes with variance analysis, comparing actual performance against budgets and developing corrective action plans through a case study.
Day 5 – Practical Application of Finance
The final day integrates the learning into practical financial decision-making. Participants explore working capital management, capital budgeting tools such as NPV, IRR, MIRR, PI and EAC, and the fundamentals of capital structure including debt, equity and financial leverage. The course concludes with a case study analysing a company’s working capital, capital budgeting decisions and financing structure.
