Duncan Williamson is from England based in Thailand now. His expertise is around finance, accounting and financial modeling. He has worked in several countries in the Middle East, Fareast and Central Europe teaching these topics for the last 15 years. He published several books on Finance for Non-Finance, Financial Modelling and Excel Solutions for Accountants published in Bookboon and Amazon.
He used to work as an accountant in various industries and now he teaches this in the way people will understand.
What is Finance for Non-Finance Managers?
He worked with some managers who are really smart when it comes to finance but on average most people do not know finance and accounting. They are afraid of Mathematics. He helps people to take them through the why the variances, the differences of actual and budget, where they are, why is it important and what can they do about it?
Why is Finance for Non-Finance Managers Important?
They always say that accounting is a language of business. If you provide a wonderful service, money definitely comes in and revenue continues to come in. However, average businesses are not like that and so cost control, process and people control. If you do not have control on the finances, then you don't survive in business.
What are the benefits of attending Finance for Leaders?
Build a solid foundation of knowledge for non financial managers would include:
Definition, descriptions, terminologies and financial statements
Understand Bookkeeping to understand accounting duality
Business analysis - such credit analysis, share analysis, planning analysis and financial analysis
Stock market fundamental analysis, e..g. impact of new invention in your stock share
Benchmarking to know if your company is on track with others in the industry - how do you know, what KPI are you looking at and find out how KPI should be.
Non-financial deficits - people, law and marketing
What makes our program different?
Duncan has been teaching this course and writing books on this topic. Since he has worked with several managers of different levels, that makes his program practical. The program will have a lot of hands-on activities like case studies, exercises, practice, discussion and modeling.
What tips or techniques would he like to share?
There is not much mathematics and arithmetic on this course but that will definitely be part of the course. Excel modeling will be done several times in a day to make it easier to build faster than building it by hand with templates that you can use.