Mastering Financial Basics: A Guide for Non-Financial Managers (Online - AM)
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  2. 17 Jan 25
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  4. 11 Jul 25
  5. 10 Oct 25

Mastering Financial Basics: A Guide for Non-Financial Managers (Online - AM)

Online Workshops: English with English Workbook
Introduction

Money matters can be intimidating for even the smartest people. However, having a solid understanding of basic financial terms and methods is crucial to your career. When terms like ROI, EBIT, GAAP, and extrapolation join the conversation, you’ll want to know what people are talking about, and you’ll want to be able to participate in the discussion.

The workshop will give you a solid foundation in finance. We’ll cover topics like commonly used terms, financial statements, budgets, forecasting, purchasing decisions, and financial legislation.
What our Participants say:

"Valuable principles shared not only applicable to work but also daily lives, very inspiring insights and ways of thinking shared "

... Mabel Leung, Nestle Hong Kong - Nespresso Division
Financial Management for Non-Financial Managers

"Douglas is a life coach and I like the content & advices and wisdom he shared & highlighted in life experience"

... Nicky Wan. Nestle Hong Kong - Nespresso Division
Financial Management for Non-Financial Managers

Target

Managerial staff who wish to improve their understanding of financial implications on any decision they made.
What You Will Cover
  1. Introduction and Objectives
    • Overview of the workshop agenda and learning outcomes
    • Importance of financial literacy in managerial roles
  2. Understanding Financial Statements
    • Income Statement: Revenue, costs, profit/loss
    • Balance Sheet: Assets, liabilities, equity
    • Cash Flow Statement: Cash inflows/outflows, operational cash flow
  3. Budgeting and Forecasting Essentials
    • Importance of budgeting for planning and control
    • Types of budgets (operational, capital)
    • Introduction to forecasting methods
  4. Financial Ratios and Decision-Making
    • Profitability: Net profit margin, return on assets (ROA)
    • Liquidity: Current ratio, quick ratio
    • Efficiency: Inventory turnover, receivables turnover
  5. Linking Financials to Strategy
    • How financial performance impacts business strategy
    • Examples of aligning departmental goals with company financial health
  6. Q&A and Wrap-Up
About the Facilitator

Douglas Cheng has a Master Degree in Business Administration from The University of Hull in United Kingdom. Douglas has vast experience as a consultant, lecturer and trainer. He has more than forty years of experiences in various industries. He specializes in Productivity and Management subjects such as Quality Circles, 5S Housekeeping, Statistical Process Control, Marketing, Business Management, Accounting and Business Finance, Economics, Human Resource Management and Organizational Behaviour. Some of his clienteles include all the CEOs of hospitals in Guangdong Province of China, staff of IBM, Mipox Malaysia, Exxonmobil Asia Pacific Ltd, Panasonic Malaysia, The Hong Kong Polytechnic University, CLP Power (HK), Hong Kong Post and Tessera Electronics.

He has been working in different fields and has vast experience in management and presently holds a senior position in an MNC.

Douglas also sat on the Academic and Examination Board of NYRA Academy, an institution of higher learning offering Diploma and Degree in Robotics & Intelligence Systems and IoT, Data Science & Artificial Intelligence.
Online
9:30am - 12:30pm
HK$1,300 per participant. Special discounted fee of HK$1,188 per participant for enrolments one month before date of workshop or for groups of two or more