Finance for non-finance managers
A program on finance for non-finance managers launched in February by
the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will
make a comeback this month following overwhelming demand, due to its
unique program outline which gives professionals from non-finance
background, a thorough knowledge on finance, helping them with their
The program, 'The Bottom Line' and conducted by subject expert
Hussain Moosajee teaches participants on how to apply the fundamentals
of finance by helping them improve their budget management, increase
profits, and asses the financial viability of projects in today's
constantly changing business environment.
The two-day repeat program on March 26 and 27 will focus on the role
of a finance division amidst other functional divisions, understanding
financial accounting terminology, balance sheet terminology, capital
versus revenue expenditure, the accounting process, comprehensive
understanding of the three types of financial statements, cost analysis,
and in-depth emphasis on working capital management.
According to Director, Tracks Manufacturing at Loadstar, J. F.
Migneault, the program was well-structured, with a good overview of the
finance and accounting sector, which gave managers without a financial
background, a thorough understanding of the subject.
Director, Bettans Group, Himali de Silva said the program was useful
as it covered many areas while explaining key terms using real life
problems as examples.