Finance and Budgeting for Non-Finance Professionals Course

Programme Overview

Budgets play a crucial role in determining how an organization allocates and manages its resources, directly influencing operational efficiency and long-term sustainability. Regardless of position or department, every professional benefits from a sound understanding of financial fundamentals. Financial awareness not only enhances decision-making and accountability but also allows individuals to align their work with organizational priorities and resource constraints.

The Finance & Budgeting for Non-Finance Professionals training offers a comprehensive introduction to essential budgeting and financial management principles. Participants will learn to interpret financial statements, plan and monitor budgets, and apply financial insights to improve strategic and operational outcomes. Through practical exercises, interactive discussions, and real-world case studies, the course demystifies financial concepts and empowers non-financial professionals to make informed, data-driven contributions to their organization’s success.

Target Audience

Finance and Budgeting for Non-Finance Professionals Course in Batumi, Georgia has been specifically designed for the individuals from any given field who are willing to gain a quality understanding of finance and budgeting, or are planning to refresh their knowledge and take a good practice.

Programme Objectives

Upon the successful completion of this course, the attendees will be able to:

• Explain the importance of finance and interpretation of financial information
• Apply the concepts of accounting and finance to analyze financials
• Learn about key accounting and finance terms
• Examine financial statements by using key ratios
• Explain the importance of budgeting process
• Learn about key components needed to improve profitability.

Programme Contents

The Foundations of Finance & Accounting

• Understanding the accounting cycle
• The five main accounts in financial statements
• Income statement
• Balance sheet
• Statement of owners’ equity
• Statement of cash flows
• Working capital management
• The cycle of financial statements
• External and internal auditing

Analyzing financial statements

• Liquidity, Solvency, Activity & Profitability Ratios
• Horizontal and trend analysis
• Vertical analysis: common size statements

Introduction to Operating Budget

• What is an operating budget
• Steps to budget development
• Master budget components
• Approaches to budgeting
• Budgetary control and correction

Capital Budgeting

• Time value of money
• The required rate of return for investments
• Cash outflows and inflows for capital projects
• Net present value calculation
• Internal rate of return.

Programme Methodology

Finance and Budgeting for Non-Finance Professionals Course in Batumi, Georgia will be conducted using modern adult learning techniques and training methodology. The tools applied will include presentation, group discussions, simulation game, practical activities, individual assignments and case studies. The presenter will encourage the maximum participation from delegates in order to enhance the understanding and appliance of knowledge acquired.

Host Country Profile

Batumi, Georgia’s stunning Black Sea coastal city, serves as a dynamic hub for regional finance, tourism, and innovation. As part of Georgia’s rapidly modernizing economy, Batumi has become a model for effective governance, transparent financial management, and sustainable urban development. The city hosts numerous regional and international business events, offering participants a vibrant environment that blends professional exchange with cultural richness. With its modern infrastructure, efficient public services, and proximity to key economic corridors, Batumi provides an inspiring setting for capacity-building programmes in finance, budgeting, and management. Participants will also enjoy Georgia’s renowned hospitality, diverse cuisine, and scenic landscapes, making learning both productive and memorable.

Course Deliverables

Participants will enjoy a full-service experience that covers everything needed before, during, and after the programme:

Before the Programme

During the Programme

• Risalat Training Kit, including: bag, water bottle, coffee mug, t-shirt, cap, passport cover, pens, notebook, magnet, keychain
• Lunch Provided Daily during training days
• Comprehensive Course Manual & Training Materials
• Project-Based Templates, Tools, and Worksheets
• Mini Pad / Tablet for convenient access to digital resources
• Digital Case Studies, Reading Packs & Reference Materials
• Access to Sample Datasets & Practical Exercises
• Field Visit (where applicable)
• Complimentary Refreshments & Full Training Venue Facilities
• Access to Online Learning Resources
• Entertaining City Tour
• Certificate of Completion
• Risalat Programme Participation Recognition Award

After the Programme

• Post-Training Support & Follow-Up Guidance
• Programme Report