Finance for Non-Finance Managers


Nairobi: 19th - 23rd March 2018, 30th July - 3rd August 2018

Investment: KES 85,000/USD 850



Financial management consists of creating a systematic method for the collection of financial data that is useful for making decisions about the operations of the organization of an entity as well as meeting reporting requirements of legitimate authority such as accounting bodies and financiers. This course equips those who are budget holders or expected to use financial information as part of their job.



  • Explain finance jargons and concepts of accounting information
  • Make financial decisions
  • Effectively  manage projects
  • To undertake financial planning and reporting, including budgets and forecasts.



Business Executives, Project managers & Team leaders of Private Corporations,

State Corporations, NGOs and anyone seeking to enhance their professional skills.



Teaching Methodology: Participative Lecture, Cases, Group work.


Course Content


 Finance Terminology

  • Assets, liabilities, shareholder’s Equity, Revenue, Expenses 
  • Understanding the difference between Operating Expenditure & Capital Expenditure Working Capital
  • Accrual accounting – what is it?
  • Management Accounting- what is it?


Understanding Financial Reports

  • How is a profit or loss calculated?
  • Statements of Financial Performance (Profit Reports)
  • Statements of Financial Position (Balance Sheets)
  • Cash flow Statements
  • Financial reporting Processes


Analysis of Financial statements

  • The nature of financial statements
  • Preparation of financial statements
  • Analysis of financial statements
  • Use of accounting information in decision making


Business Performance

  • Profitability
  • Liquidity
  • Asset Management
  • Leverage and long –term stability
  • Inventory management
  • Business models and impact on business performance
  • Management Accounting Cycle


Budget Management and Reporting


  • Types of budgets
  • Budgeting Systems and processes
  • Zero based budgeting vs. Incremental Budgeting
  • Cost drivers and cost allocation methods
  • Building budget Estimates and forecasts
  • Budget Construction templates
  • Budget variances, analysis and corrective actions
  • Budget reporting and communications


Financial Management Decisions

  • Investment decision including investment appraisal concepts like NPV, IRR, Payback,
  • Financial Decisions
  • Liquidity Decisions
  • Dividend Decisions
  • Financial Management Process Controls


Course Delivery Approach: Extensive use of Case Studies and discussion‐ based learning





To register, click here.




Fees Paid in Cash should be deposited into:

Bank details

Name: Strathmore University

Bank: Standard Chartered Bank

Account Number: 0102044844000 (KES): 8702044844000 (USD)

Branch: Karen

Swift Code: SCBLKENX

Admission number code: 99020#1027

  • Fees Paid By Cheque: Nairobi cheques can be paid directly to Strathmore University, but ONLY if the cheque is a banker’s cheque. Payments by personal cheques are not allowed.
  • Bank deposit slips should be completed in duplicate: the top copy is kept by the bank; the
  • Second copy should be given to the University Cashier, who will issue a receipt for it. 




1. Payment for the all courses includes a registration fee, which is non-refundable, and equals 20% of the total sum of the course fee.

2. Participants may cancel attendance 14 days or more prior to the training commencement date.

3. No refunds will be made 13 days or less to the training commencement date. However, participants who are unable to attend may opt to attend a similar training at a later date, or send a substitute participant provided the participation criteria have been met.






Contact Details

Madaraka Estate
Ole Sangale Road, PO Box 59857,
00200 City Square
Nairobi, Kenya
Tel: 0703-034000, 0703-034200