Finance for Non-Finance Professionals
Practical financial literacy for engineers, technical specialists and team leaders: reading the three core statements, understanding margin, cash and cost behaviour, working with budgets and variances, and building a business case that survives scrutiny.
Los cuatro niveles
Cada nivel se basa en el anterior.
- 1Sensibilización
- 2Conocimiento
- 3Habilidad
- 4Dominio
Habilidad y Dominio se demuestran en el trabajo, no con un curso: un evaluador de su organización le da su aprobación en corp.icompetent.com.
Los cursos de esta competencia están en camino. Mientras tanto, consulte el catálogo de cursos.
Qué aprenderá
- Explain what the income statement, balance sheet and cash flow statement each answer, and which one to look at for a given question
- Distinguish profit from cash, and explain how a profitable operation can still run out of money
- Classify spend as operating or capital expenditure, and describe how fixed, variable, direct and indirect costs behave as activity changes
- Investigate a budget variance, label it favourable or adverse, and explain it honestly with its full-year impact
- Apply payback, net present value and internal rate of return as concepts, and test the sensitivities that decide the answer
- Build a business case on total cost of ownership over the asset life and route it through the correct approval limit
¿Quiere desarrollar la competencia Finance for Non-Finance Professionals?
Haga un curso que desarrolle esta competencia. Cuando lo termine, el nivel aparecerá en su perfil.