Finance for Non-Finance Game | One Day Business Simulation

Business Executives make tough decisions every day about prices, product development, sales, administration policies, and HR. All those decisions require that managers have knowledge of Finance and how their decisions impact the balance sheet.

You don’t have to number people! Managers need to demonstrate a basic understanding of Finance, even if they are not in a financial role.

You may be in Sales, an Engineer or a Manager and want to understand Annual Reports, Key Indicators and the financial health or your company.

We will also talk about the importance of budgeting and how that cannot be done without looking at the numbers. Numbers are not to be feared. Numbers are to be appreciated. You shouldn’t exclude yourself from conversations in fact or in appearance just because numbers come up. You want to be a decision-maker. You want to be part of the decision-making team and if that means you need to get comfortable, at least to some degree with the number side of the business, so be it. So let’s get started.

Business Simulation – FINANCE FOR NON-FINANCE is the answer

Finance can be a very dry subject and boring for those not inclined towards numbers, Business Simulations, make it fun, exciting and easy to learn, as it very much a hands-on experiential learning Program

TBG™ The Business Game™ is a simulation of the enterprise, in which the participants in the role of managers and employees run the company, and thus learn the economic basis for managing the operating and financial operations of the company.

Get a basic understanding of financial management, sufficient to interpret reports, draft budgets, cost products, and make informed financial decisions

During the TBG™ The Business Game™ simulation, participants will learn the following concepts:

• Basic concepts of accounting and finance
  • The purpose of the company’s activity and the role of finance in management
  • Financial and non-financial goals
  • Long-term and short-term financial goals
• Balance Sheet
  • Non-current and current assets
  • Sources of financing – own capital and liabilities
• Profit and Loss Account
  • revenues
  • costs
  • Financial result
• Cash flow
  • Revenues and receipts
  • Costs and expenses
  • Profit and cash (cash)
• Depreciation
  • The concept and purposes of depreciation
  • Depreciation methods
• Key Performance Indicator analysis – assessment of the company’s credibility
  • Profitability, liquidity, efficiency, debt ratios – ROA, ROI, ROE, ROS