Finance for Non-Financial Managers Training in Hong Kong

  • Learn via: Classroom
  • Duration: 2 Days
  • Level: Intermediate
  • Price: From €2,288+VAT
We can host this training at your preferred location. Contact us!

'Rule No.1: never lose money. Rule No.2: never forget rule No.1.'

Warren Buffett – American Buinessman and Investor

Managers today are increasingly expected to understand and manage the finances in their area and often participate in financial decisions such as business cases and budget reviews. However Finance, like most professions, has its own jargon and terminology together with some processes and principles which often seem at odds with how we would manage our personal finances. This makes it confusing for non-finance people to understand how finance operates within organisations and prevents them from engaging in financial discussions and activities.

Common concerns we hear include:

  • I don’t understand the financial jargon
  • How can I get a better understanding of financial terms and principles?
  • How can I better understand how finance works in my organisation?
  • How can I feel more in control of the financial aspects of my role?

This course is designed to ‘de-mystify’ the world of finance and provide you with the confidence and competence to engage in financial activities in a way which demonstrates an understanding of the way finance is measured, the documents and statements which communicate it and the business conditions which drive financial decisions.

  • Identify the role and importance of Finance within organisations
  • Recognise and describe some of the common terms and jargon that are used
  • Identify the elements of the Profit and Loss Account and Balance Sheet
  • Find out about the tools that are used by the external market to judge organisations
  • State the key distinction between profit and cash
  • Recognise how organisations identify the drivers of their financial performance
  • Learn about the key techniques within management accounting, specifically costing, cash flow and budgeting, and how they are used to forecast performance and support decision-making

The course will cover:

Day 1:

  • Welcome and Introductions
  • Financial Principles and Terminology
    • Financial principles – how finance works in organisations
    • Terminology – making sense of the language
    • Business cycles – Operational and Capital Investment
    • Financial statements - Income and Expenditure (P&L) and Balance sheets
  • Financial Ratios – measuring financial performance
  • Liquidity
  • Performance and profitability
  • Investment
  • Productivity
  • Distinction between profit and cash
  • Cash flow statement
  • Cash flow forecasting
  • Cash and Cash Flow

Day 2:

  • Understanding costs
    • Importance of managing costs
    • Fixed vs variable
    • Direct and Indirect
    • Breakeven
  • Budget awareness
  • Types of budget
  • Organisation’s budgeting process
  • Reviewing budgets
  • Purpose and content
  • Financial justification including payback, payback period, NPV and IRR
  • Business Case and Investment Appraisal
  • Review, Action Planning and Close


Contact us for more detail about our trainings and for all other enquiries!

Upcoming Trainings

Join our public courses in our Hong Kong facilities. Private class trainings will be organized at the location of your preference, according to your schedule.

15 January 2025 (2 Days)
Hong Kong, Kowloon, Tsuen Wan
Classroom / Virtual Classroom
€2,288 +VAT
Book Now
04 February 2025 (2 Days)
Hong Kong, Kowloon, Tsuen Wan
Classroom
€2,288 +VAT
Book Now
15 January 2025 (2 Days)
Hong Kong, Kowloon, Tsuen Wan
Classroom / Virtual Classroom
€2,288 +VAT
Book Now
04 February 2025 (2 Days)
Hong Kong, Kowloon, Tsuen Wan
Classroom
€2,288 +VAT
Book Now
18 March 2025 (2 Days)
Hong Kong, Kowloon, Tsuen Wan
Classroom / Virtual Classroom
€2,288 +VAT
Book Now
18 March 2025 (2 Days)
Hong Kong, Kowloon, Tsuen Wan
Classroom / Virtual Classroom
10 April 2025 (2 Days)
Hong Kong, Kowloon, Tsuen Wan
Classroom / Virtual Classroom
€2,288 +VAT
Book Now
18 March 2025 (2 Days)
Hong Kong, Kowloon, Tsuen Wan
Classroom / Virtual Classroom
€2,288 +VAT
Book Now

Related Trainings

Finance for Non-Financial Managers Training Course in Hong Kong

Hong Kong is officially known as the Hong Kong Special Administrative Region of the People's Republic of China (HKSAR) and is a city and special administrative region of China on the eastern Pearl River Delta in South China. Hong Kong is one of the most densely populated places in the world, with over 7.5 million population. The official languages of the HKSAR are Chinese and English. Hong Kong is a highly developed territory and ranks fourth on the United Nations Human Development Index and the residents of Hong Kong have the highest life expectancies in the world.

The best time to visit Hong Kong is from September to December, since the temperatures, averaging between 19 to 28 degree Celsius. During this outdoor activities-friendly travelling season, you can take a walk along Victoria Harbour, visit the islands of Lantau, Lamma and Cheung Chau and participate in the Mid-Autumn Festival. Top choices of the tourists to visit in Hong Kong are Big Buddha statue, Wong Tai Sin Temple, Repulse Bay and the Beaches and Hong Kong Disneyland.

Explore our diverse range of IT courses, encompassing programming, software development, cyber security, data science, business skills, and Agile/Scrum. Wherever you are in Hong Kong, our seasoned instructors will bring practical training and expert knowledge to your preferred training venue.
By using this website you agree to let us use cookies. For further information about our use of cookies, check out our Cookie Policy.