+385 99 831 3692 info@vertexhumancapital.com

FINANCE FOR THE FUTURE

Overview

Financial literacy is no longer just a skill for finance professionals—it is an essential competency for every manager. As AI and automation reshape financial decision-making, non-financial managers must go beyond basic financial literacy and learn how to leverage AI-powered analytics, forecasting tools, and digital finance platforms to drive data-driven decisions.

This training program is designed to help non-financial managers develop a fundamental understanding of financial principles and statements. The program emphasizes practical application, ensuring participants can interpret financial data, create and manage budgets, and make informed business decisions that align with their organization’s financial health.

Price: $4,500.00

5-Day Training Program (4 Hours per Day)

Delivery Methods

 

Objectives:

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

  • Explain their impact on organizational finances and interpret key financial facts.
  • Understand financial terminology and confidently discuss finance-related issues.
  • Interpret and analyse the three key financial statements – Profit & Loss, Balance Sheets, and Cash Flow.
  • Understand financial fundamentals & AI-driven finance tools – Learn how AI enhances financial analysis, reporting, and budget forecasting.
  • Plan, implement, and monitor budgets effectively.

Programme Outline

Day 1: Introduction to Finance Basics and Financial Terminology

Learning Outcomes:

  • Understand the role of finance in management decisions.
  • Break down complex financial jargon.
  • AI in Financial Literacy.
  • AI & Financial Jargon.
  • Establish the link between financial awareness and organizational success.

Session Breakdown:

  1. Why Finance Matters for Managers
    • Importance of financial literacy for decision-making.
    • Real-world case studies on financial mismanagement.
  2. Key Financial Terminology
    • Defining and demystifying key finance terms.
    • How AI-powered finance assistants help managers interpret financial terms, trends, and reports
    • Interactive quiz to assess and reinforce learning.
  3. Finance in Action: How Managers Influence Financial Health
    • Identifying direct and indirect financial impacts of managerial decisions.
    • Group activity: Analysing decisions and their financial consequences.
  • How AI-driven financial tools simplify complex financial data, provide automated insights, and enhance decision-making

Practical Activity:

  • Financial Jargon Challenge: Teams match financial terms with their definitions.

Managerial Impact Case Study: Reviewing a scenario where managerial decisions affected financial outcomes.

 

Day 2: Understanding Financial Statements

Learning Outcomes:

  • Identify the five key accounting groups.
  • Interpret Profit & Loss Statements, Balance Sheets, and Cash Flow Statements.

Session Breakdown:

  1. The Three Key Financial Statements
    • Overview of Profit & Loss, Balance Sheet, and Cash Flow statements.
    • Who uses them and why?
  2. Profit & Loss Statement (Income Statement)
    • Understanding revenue, gross profit, net profit.
    • How to use this statement for decision-making.
  3. Balance Sheet Breakdown
    • Assets, liabilities, and equity explained.
    • The accounting equation: Assets = Liabilities + Equity.
  4. Cash Flow & Cash Flow Statement
    • What is cash flow and why does it matter?
    • Categories in a cash flow statement: Operating, Investing, Financing.
  • AI & Financial Statement Analysis: How AI-powered tools automate profit & loss analysis, balance sheet evaluations, and cash flow insights.

Practical Activity:

Financial Statement Analysis: Participants analyse real or simulated financial reports to extract key insights.

Day 3: Budgeting Basics and Writing a Budget

Learning Outcomes:

  • Understand the importance of budgeting.
  • Learn different budgeting methods.
  • Develop skills to create a structured budget.

Session Breakdown:

  1. Introduction to Budgeting
    • What is a budget and why is it essential?
    • The connection between budgets and organizational goals.
  2. Budgeting Methods and Strategies
    • Incremental Budgeting vs. Zero-Based Budgeting.
    • Creating categories and defining budget line items.
  3. How to Write an Effective Budget
    • Factors influencing budget planning.
    • Understanding cost behaviours: Fixed vs. Variable Costs.
  • AI-Driven Expense Tracking: How AI-powered software monitors spending patterns and provides real-time cost control recommendations.

Practical Activity:

  • Group Exercise: Participants draft a budget for a mock project or department.

Day 4: Monitoring and Managing Budgets

Learning Outcomes:

  • Learn to monitor and adjust budgets as needed.
  • Recognize budget variances and respond effectively.
  • Utilize forecasting techniques to make data-driven decisions.

Session Breakdown:

  1. Monitoring a Budget Effectively
    • Why ongoing budget monitoring is crucial.
    • Recognizing budget variances and adjusting.
  2. Forecasting and Cash Flow Projections
    • How to anticipate financial needs.
    • Tools for tracking budget performance.
    • AI in Cash Flow Management: How AI-powered tools analyse cash flow patterns and automate forecasting for better financial planning.
  3. Managing Risks and Contingencies
      • Common financial risks in budgeting.
      • Strategies for mitigating budgetary risks.

Practical Activity:

  • Scenario-Based Exercise: Participants review a sample budget, identify risks, and propose adjustments.

Day 5: Recap, Action Planning, and Application

Learning Outcomes:

  • Consolidate knowledge and reflect on key learnings.
  • Develop an action plan for applying financial concepts.
  • Engage in a hands-on budgeting and financial strategy exercise.

Session Breakdown:

  1. Recap of Key Learnings
    • Summarizing major takeaways from the week.
    • Addressing participant questions and clarifications.
  2. Personal Action Planning
    • Identifying areas of application in current roles.
    • Setting SMART goals for financial decision-making.
  3. Final Case Study & Application
    • Participants analyse financial data, develop a budget, and present findings.
    • Peer feedback and discussion on decision-making processes.

Closing Activity:

  • Commitment to Action: Each participant outlines three financial actions they will implement in their role.
  • Q&A and Certification of Completion.

Conclusion:

By the end of this training, managers will have built confidence in financial matters and gained practical tools to contribute more effectively to their organization’s financial health. The training ensures they are equipped to interpret financial data, manage budgets, and make informed decisions aligned with business objectives.