Leadership Training: Finance for IT

This two-day course on Finance for IT is designed to teach participants how finance and accounting work, and the related business processes . The goal is to help you make more informed financial decisions and manage project finances and budgets more accurately and efficiently . You will learn how to read and analyze financial statements to determine the financial health of an organization or department, and what steps are needed to improve it . The course uses a "fun, unique, gamified technique and virtual breakaway rooms" to help participants self-discover answers and retain the learning . This course can also be tailored to a specific organization's financial terminology, reports, and transactions, which would require discussing requirements with HR and obtaining financial information from the finance team .

LevelFoundational
Duration2 Days
ExperienceNone
Average SalaryVaries
LabsNo

Leadership Development

Finance for IT

Course Overview

In this course you will learn how finance, accounting, and the related business processes work, in order to make informed financial decisions, and to manage project finances and budgets more accurately and efficiently. You will understand how to read and analyze financial statements in order to draw your own conclusions as to the financial health of the organization, and what steps are required in order to improve the financial health of the organization or of your department. You will also be more confident in liaising with the finance team, and be able to ask critical finance-related questions. We use a fun, unique, gamified technique and virtual breakaway rooms in order for participants to self-discover the answers and to embed the learning.

We are able to tailor a Finance Fusion course to your organization, using your organization’s finance terminology, finance reports and financial transactions. We would need to discuss your requirements with your HR and obtain financial information from your Finance team.

Course Objectives
  • Debits and credits
  • Income Statement
  • Balance Sheet
  • Cashflow Statement
  • Key financial ratios
  • Managing working capital
  • Budgeting
  • Basic business processes
Course Outline
  • Module 1: Session 1:
    • Debits, credits
    • Capital Expenditure Process
    • Accounting Equation
    • Balance Sheet
    • Assets
    • Liabilities
    • Equity
  • Module 2: Session 2:
    • Income / Sales
    • Expenses
    • Income Statement
    • Gross Profit
    • Net Profit
    • Inventory Process
    • Sales Process
    • Operating Expenditure Process
    • Depreciation
    • Accruals
  • Module 3: Session 3:
    • Cash Flow Statement
    • Financial Statement Analyses
    • Budgeting Process
    • Markups
    • Working Capital
    • Profitability ratios
    • Liquidity ratios
Prerequisites

To ensure your success, we recommend you first attend the following course, or have equivalent knowledge:

Understanding Leadership Competencies

Related training topics

Get approved to attend

Justify your training

Use this sample request letter — copy it into an email to your manager and personalize the bracketed details to make the case for the time and budget.

Sample training request letter

Subject: Request for Leadership & Professional Development training from Applied Technology Academy

[Decision Maker Name],

I'm writing to request time and budget approval to complete Applied Technology Academy's course, Leadership Training: Finance for IT. The information below outlines how this training benefits our organization, the tasks I'll be able to perform after completing it, and relevant cost and funding details.

Course Description
This two-day course on Finance for IT is designed to teach participants how finance and accounting work, and the related business processes . The goal is to help you make more informed financial decisions and manage project finances and budgets more accurately and efficiently . You will learn how to read and analyze financial statements to determine the financial health of an organization or department, and what steps are needed to improve it . The course uses a "fun, unique, gamified technique and virtual breakaway rooms" to help participants self-discover answers and retain the learning . This course can also be tailored to a specific organization's financial terminology, reports, and transactions, which would require discussing requirements with HR and obtaining financial information from the finance team . Applied Technology Academy is an award-winning, SBA-certified woman-owned training provider (est. 2008) whose instructors are active practitioners; the course is hands-on with virtual labs and a learn-by-doing methodology.

Course Objectives
Once I've completed the course, I'll be able to:

  • Debits and credits
  • Income Statement
  • Balance Sheet
  • Cashflow Statement
  • Key financial ratios
  • Managing working capital
  • Budgeting
  • Basic business processes

Expected Organizational Benefits
After completing this course, I will be better equipped to apply these skills directly to our projects, reduce our reliance on outside expertise, strengthen our team's capabilities, and share what I learn with colleagues.

Expected Cost & Funding
Course fee: [request an itemized quote at the link below]. Applied Technology Academy supports multiple funding paths that may reduce or cover this cost: GSA MAS purchasing and government purchase orders, military credentialing funding (Army CA, AF COOL, CG COOL), VA GI Bill and VR&E, ATA Flexible Spending, and student financing. Private team cohorts are available if colleagues should attend with me.

Conclusion
This training provides practical, hands-on experience I can apply immediately to strengthen our work in leadership & professional development. Additional course information is available at https://appliedtechnologyacademy.com/leadership-development-training/leadership-training-finance-for-it/.

Thank you for your consideration,
[Your Name]

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