CORPORATE EDUCATION

Finance
for Non-
financial
Managers

|
FINANCE
Finance Demystified
for Managerial Success.

19 – 22 February 2024
How often do you make decisions without fully WHO SHOULD ATTEND?
examining how this will impact the bottom Snapshot of the course Learn about the business
context in which you • This programme is designed
make decisions.
line? Oftentimes, employees are unaware of Be introduced to provide managers in
to finance.
the financial impact that their decisions have Implement a set non-financial positions with
of tools and a practical understanding of
for themselves or the organisations in which frameworks
to apply to finance and accounting; and
they work. This can have a grave impact on Measure
financial yourself
competitiveness, profitability, and managing performance. and your • It is assumed that
organisation.
participants will have no
costs. This programme is for those who want formal accounting or finance
to improve their understanding of the financial Become aware knowledge prior to attending
Implement cost
ramifications of their decisions and how they management and
of the financial
ramifications of this programme.
cost control methods.
impact on the income statement, balance sheet your decisions.

or cash-flow statement of an organisation. KEY FOCUS AREAS

• Introduction to annual
financial statements;
HOW YOU WILL BENEFIT At the end of the programme, you will be able to: • Judgmental issues/notes and
policies;
• Plan more effectively to take the financial • Apply key accounting ratios and performance • Case studies;
impact of your decisions into consideration, measures; • Introduction to costing;
both personally and for the organisation; • Understand growth, cash flow and • Absorption costing/cost
allocations, marginal costing
• Identify the causes and drivers of costs; profitability considerations;
and break-even analysis;
• Gain practical insights on how to manage • Implement the concept of contribution and • Measuring performance;
costs more effectively; marginal costing; • Working capital management;
• Know how to read and interpret a set of • Calculate discounted cash-flow and capital • Financial planning and
annual financial statements; costs; growth;
• Understand the basics of capital • Comprehend the principles of valuation and • Discounted cash flows;
management; value creation from an economic perspective; • Capital costs and valuation
and principles; and
• Be better equipped to measure the
• Creating value.
performance of an organisation from a • Understand some of the macroeconomic
financial point of view; issues.
PROGRAMME INFORMATION

FACULTY FEE
Professor Mike Ward has a PhD (Wits), an MBA (Wits) and R 22 400 (VAT exempt)
a BSc (Eng) (UCT). He has worked in corporate finance in an
investment bank and has been teaching in the area of finance
DATES
since 1984. Since joining GIBS in 2004, Mike has published
a book and several academic papers and is an NRF-rated 19 – 22 February 2024
researcher.
Professor John Ford qualified with Ernst & Young where he CONTACT
worked for some 12 years. In 1983, he joined Wits Business For enquiries call +27 (0)11 771 4259
School as an associate professor in business administration in or email execed@gibs.co.za
the areas of accounting, control, and management information For more information and an online application form,
systems. He then held the position of executive education please visit www.gibs.co.za/fnfm
director. John joined GIBS in 2006.

GIBS is a Level 1 BEE Contributor.

This programme can also be offered in-house for your organisation.

Enquire about our Study & Stay packages at our on-site Illovo Hotel.
 ABOUT GIBS
Founded in 2000, the University of Pretoria’s Gordon Institute
of Business Science (GIBS) is an internationally accredited business
school, based in Johannesburg, South Africa’s economic hub.
As the business school for business, we focus on general management and aim
to significantly improve responsible individual and organisational productivity
and performance, in South Africa and our broader African environment, through
high-quality business and management education. Our purpose is to inspire
exceptional performance in our pursuit to make business healthier. The UK
Financial Times ranked GIBS 32nd globally in the Executive Education Rankings
for 2023. In 2023, the GIBS MBA was ranked as having the best reputation
among employers and the first choice for students looking to pursue an MBA
in the country by the Financial Mail Top MBAs Ranking. Quacquarelli Symonds
(QS) World University Rankings: Global Executive MBA 2023 ranked GIBS at 65,
placing the School’s MBA in the top 30% globally. In addition, in 2023, US-based
CEO Magazine ranked GIBS 18th in its Global MBA Rankings, highlighting the
School as a Tier 1 business school.
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GIBS is Triple Crown accredited, holding EQUIS accreditation from the European
Foundation for Management Development (EFMD), as well as accreditation from
the Association of MBAs (AMBA), and the Association to Advance Collegiate
Schools of Business (AACSB). GIBS is the 113th business school worldwide to
achieve Triple Crown status. In addition, the School is also accredited by the
Council on Higher Education (CHE), is a member of the South African Business
Schools Association (SABSA), and the Association of African Business Schools
(AABS). GIBS is a United Nations Principles for Responsible Management (PRME)
Champion and is an affiliate of the Central and East European Management
Development Association (CEEMAN).
GIBS is a Level 1 B-BBEE Contributor
For more information, visit www.gibs.co.za
GIBS Business School
26 Melville Rd, Illovo, Johannesburg, 2196