Finance Essentials Training in Nigeria

  • Learn via: Classroom
  • Duration: 1 Day
  • Price: From €1,215+VAT
We can host this training at your preferred location. Contact us!

“Beware of little expenses. A small leak will sink a great ship.”

Benjamin Franklin, American politician

Financial information drives all major business decisions: which products to launch, which markets to target, which projects to invest in. At the same time, once you move to a management role, you’ll be expected to understand the financial performance of your team and organisation. You may also need to participate in strategic decisions that need an appreciation of the financial implications of different courses of action. In fact, many of the decisions and actions you already take daily have a financial impact, whether you realise this or not. Many people who are not financially trained find finance confusing and even intimidating.

This course takes you through a number of concepts and frameworks associated with finance. A course can only skim the surface of what is a rich and developing subject area. However, you’ll gain an understanding of the key frameworks and tools that will enhance your understanding of finance. There are plenty of practical exercises and questions as you go through the course to check you understand and to apply what you have learnt.

Common concerns we hear from people who attend this course include:

  • I don’t understand finance – how can I learn more?
  • How can I learn to ‘speak finance’?
  • How does money work in my organisation?

The course includes the core elements of our two-day ‘Finance for Non-Finance Managers’ workshop and will introduce you to the essentials of organisational finance, its jargon and what you need to know to stay financially savvy.

All of our trainers are experts in their field and have many years’ experience in finance.

  • 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
  • Explain the distinction between profit and cash
  • Understand key techniques within management accounting, specifically costing, cash flow and break-even.
  • Identify how costs are incurred in your organisation and how these can be controlled
  • Explain how waste can increase costs and reduce value, and identify options for reducing waste and improving efficiency

The course will cover:

1. 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

2. Cash and Cash Flow

  • Distinction between profit and cash
  • Cash flow statement
  • Cash flow forecasting

3. Understanding costs

  • Importance of managing costs
  • Fixed vs variable
  • Break-even


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

Upcoming Trainings

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

Classroom / Virtual Classroom
03 July 2024
Lagos, Onitsha, Kano
1 Day
Classroom / Virtual Classroom
12 July 2024
Lagos, Onitsha, Kano
1 Day
Classroom / Virtual Classroom
12 July 2024
Lagos, Onitsha, Kano
1 Day
Classroom / Virtual Classroom
16 July 2024
Lagos, Onitsha, Kano
1 Day
Classroom / Virtual Classroom
18 July 2024
Lagos, Onitsha, Kano
€1,215 +VAT Book Now
Classroom / Virtual Classroom
01 August 2024
Lagos, Onitsha, Kano
1 Day
Classroom / Virtual Classroom
16 August 2024
Lagos, Onitsha, Kano
1 Day
Classroom / Virtual Classroom
11 September 2024
Lagos, Onitsha, Kano
1 Day
Finance Essentials Training Course in Nigeria

Nigeria is located on the western coast of Africa. As the most populous country in Africa, Nigeria is a multinational union with more than 250 ethic groups. Even though the official language is English, there are over 520 native languages spoken in Nigeria. Their huge reserve of petroleum plays a crucial role in the Nigerian economy. While Abuja is the capital of Nigeria, its largest city is Lagos.

Nigeria is a member of the African Union and the British Commonwealth. Nigeria is named after the great Niger River and its national animal is an eagle. Nationals Parks are quite common in Nigeria and all of them are vast and breathtaking. Gashaka Gumti, Kainji Lake, Yankari and Okomu are the most popular national parks.

Broaden your IT expertise with our wide-ranging courses, covering programming, software development, business skills, data science, cybersecurity, cloud computing and virtualization. Count on our seasoned instructors to deliver immersive training and practical insights wherever you choose in Nigeria.
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