Finance for Non Finance

Overcome Fear of Numbers and Finance




Finance for non-finance is important because “Numbers don’t lie”.

By understanding numbers and accounting, Managers can plan and make the right decisions via

  • Understanding the principles of accounting
  • Purpose of financial statements
  • Process of preparing financial statements
  • Process of preparing and tracking financial and cashflow budgets
  • Interpret and analyse financial statements using trends and ratios
  • … in order to identify potential operational and financial issues and take prompt corrective action.

making them valuable assets for the Company, leading to career advancement and higher remuneration package.



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

(a)      increase financial literacy & financial vocabulary 

(b)      understand basic principles of accounting and fundamentals of finance and accounting

(c)      perform budget planning, variance analysis and manage cost

(d)      detect early warning signs through trend and ratio analysis

(e)      understand Financial Statements and why “Cash is King”

About the Trainer

Hui Shan
+6012 2318635
entrepreneurship, business coaching & finance


Module 1:  Personal Finance 

  • Importance of numbers in personal lives
  • Personal financial planning – tips about savings and spending


Module 2:  Finance in Business

  • Difference between Conceptual Framework and Regulatory Framework
  • Purpose of Financial Reports
  • Fundamental Accounting Concept
  • Assumptions used when preparing Accounting Records


Module 3: Case Study - Preparation of Accounts

  • Understand Accounting Equation
  • Understand Assets, Liabilities, Expenses, Income and Equity
  • Introduction to basic booking keeping
  • Introduction to Financial Statements


Module 4: Understanding accounting terminologies  

  • Financial Accounting vs Management Accounts
  • Operating expenditure (OPEX) vs capital expenditure (CAPEX)
  • Sales vs Profit vs Cash; why the saying “Cash is King”
  • Accounting profit vs Tax profit


Module 5: Case Study: Budgeting as a Planning and Control Tool

  • Understand the Budgeting process
  • Types of Budgets – profit, cashflow or capital expenditure
  • Use Budget to Control the Business
  • How to forecast Sales Revenues and Expenses


Module 6: Case Study: Interpretation of Financial Statements

  • Vertical Analysis
  • Horizontal Analysis (Trend Analysis)
  • Ratios Analysis – Operational Ratios and Financial Ratios and Valuation Ratio
  • Benchmark of best practices




This course is suitable for non-financial

  1. Mid-level managers
  2. Head of divisions/functions
  3. Self-employed professionals
  4. Individuals who are determined to acquire accounting knowledge for career, business or self development

Please drop us your email and we will get back to you within 48 hours