Finance for non-financial managers Edition: 4

Each company is a complex system and requires systemic thinking to make sure that the various functional areas work in harmony toward its success. Sales may generate revenue, but it is only when credit sales are converted into cash once debtors have settled their accounts that these goals are achieved. It is the role of the financial manager to ensure the financial sustainability of a company by maintaining its profitability, liquidity and solvency. Finance for non-financial managers provides an overview of the principles of financial management required to contribute favourably to the long-term sustainability of a company.