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Building Financial Acumen for Non-Financial Managers

An Interactive 5-Day Training Course

Building Financial Acumen for Non-Financial Managers

The 101 Guide for Effective Financial Decision

NASBA
Classroom Schedule
Date Venue Fees
23 - 27 Mar 2026 London $ 5,950
15 - 19 Jun 2026 Amsterdam $ 5,950
28 Sep - 02 Oct 2026 Dubai $ 5,950
14 - 18 Dec 2026 London $ 5,950
22 - 26 Mar 2027 London $ 5,950

Course Summary

In today’s dynamic business environment, understanding financial principles is crucial for executives and business professionals to drive success and maintain competitiveness. This Building Financial Acumen for Non-Financial Managers training course is designed to demystify finance for non-financial managers, equipping them with essential skills to navigate profitability, liquidity, and financial structure. Participants explore key financial concepts including accounting processes, financial reporting, and financial analysis to enhance decision-making and strategic planning.

The course also emphasises management accounting, budgeting, cost control, and investment evaluation, enabling participants to bridge financial and strategic perspectives. With a focus on real-world application, this training enables professionals to make informed business decisions that improve organisational profitability and sustainability. The Building Financial Acumen for Non-Financial Managers training course builds confidence in interpreting financial reports and communicating financial insights to support organisational goals and growth.

Skills & Competencies

From this Building Financial Acumen for Non-Financial Managers training course, participants will develop the following key skills and competencies:

  • Financial reporting interpretation
  • Budgeting and cost control proficiency
  • Investment evaluation capability
  • Financial decision-making skills
  • Management accounting understanding
  • Communication using financial terminology

Key Learning Outcomes

At the end of Building Financial Acumen for Non-Financial Managers training course, you will learn to:

  • Explain the role and interpretation of financial statements.
  • Communicate effectively with financial professionals.
  • Review organisational performance using financial ratios.
  • Implement budgetary control to compare performance outcomes.
  • Evaluate investment projects using appraisal methods.

How You Will Learn

Learning combines conceptual understanding with practical financial exercises and scenario analysis. Participants engage with fundamental financial frameworks, explore budgeting and investment techniques, and discuss real organisational challenges to strengthen financial interpretation and decision-making skills relevant to everyday business contexts.

Who should Attend?

This course is designed for professionals who require financial literacy to support organisational decision-making and performance evaluation.

This Building Financial Acumen for Non-Financial Managers training course is suitable to a wide range of professionals but will greatly benefit:

  • Sales and marketing executives
  • Supply chain and project professionals
  • Internal auditors and non-financial professionals
  • Senior managers in various functions
  • Human resources, legal and strategic decision-makers
Course Outline
Day 1

Understanding the Business & Financial Landscape

This day introduces the fundamental financial principles organisations rely upon. Participants examine accounting standards, strategic financial planning, and executive roles in governance.

The topics covered will include:  

  • Overview of the Business Environment
  • Importance of Financial Management: Exploring the crucial role of financial management within organizations.
  • Creating a Strategic Financial Plan: Developing a long-term financial strategy to guide business decisions.
  • Purpose of Financial and Management Accounting: Examining the functions and objectives of financial and management accounting.
  • Accounting Standards and Practices: Reviewing accounting conventions, policies, and International Financial Reporting Standards (IFRS).
  • Executive Responsibilities in Corporate Governance: Understanding the role of executives in ensuring effective corporate governance.
Day 2

Analyzing Financial Statements for Executive Decisions

This day focuses on interpreting and analysing financial statements to support effective executive decisions. Participants review performance indicators and working capital management.

The topics covered will include:   

  • Distinguishing between internal and external financial data.
  • Identifying the critical elements of published annual financial statements.
  • Financial Performance Analysis
  • Techniques for effective management of working capital.
  • Indicators of Business Viability
Day 3

Strategic Financial Decision-Making

This day explores financing strategies, sources of finance, and growth approaches that support strategic organisational decisions.

The topics covered will include:  

  • Determining when and why to finance a business.
  • Exploring various sources and types of financing
  • Determining the cost of financing
  • Internal versus External Growth Strategies
  • Restructuring Strategies
Day 4

Capital Investment and Budget Management

This day covers investment appraisal methods and budget management techniques. Participants analyse time value of money and risk in investment decisions.

The topics covered will include:   

  • The importance of considering the time value of money in investment decisions.
  • Understanding the steps involved in capital investment decisions.
  • Basic Appraisal Methods: ARR and Payback.
  • Discounted Cash Flow Techniques:
    • NPV
    • IRR
    • Discounted cash flow analysis
  • Profitability Index
  • Risk and Uncertainty Management
Day 5

Cost Management & Budget Control

This day emphasises budgeting, cost control, and decision-making tools such as variance and break-even analysis.

The topics covered will include:   

  • Understanding the role and significance of budgeting in business management.
  • Assessing the relevance of different budgeting models for your business.
  • Budget Preparation and Implementation
  • Techniques for monitoring and controlling the budget.
  • Using variance analysis to assess deviations from the budget.
  • Decision-making through CVP and break-even analysis.
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers

Endorsed Education Provider

NASBA
Options & Brochure

Customisation & In-House Delivery

Delivering this course in-house enables organisations to align financial acumen development with specific business challenges and strategic goals. Customisation ensures that participants learn financial principles applied to their own industry context, enhancing financial confidence, decision-making, and cross-functional communication.

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

Additional Benefits of this course for Organisations and Professionals in Saudi Arabia

Organisations & Professionals in KSA will have the following additional benefits from this Building Financial Acumen for Non-Financial Managers training course:

  • Stronger financial interpretation and reporting insight
  • Improved resource allocation and budgeting control
  • Enhanced investment evaluation capability
  • Greater financial influence in organisational decisions
  • Increased cross-departmental communication effectiveness
  • Strengthened strategic financial perspective
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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

View All Training Locations

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email [email protected] . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at [email protected]

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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