Financial skills are fundamental to business success. Financial skills are part of business competency today. These skills range from the basic ability to read and understand financial reports to budgeting and investment feasibility assessment to the ability to manage corporate cash flows and implementing cost control.

For the financial services professionals they need more technical skills to stay competitive. These include the latest understanding of credit derivatives to advanced cash flow lending techniques and through to managing multicurrency loan syndications and project financing.

Successful business executives and finance professionals need constant updating of information and acquiring new skills to improve value creation at their work place and to increase their job mobility or career value.

Financial skills are no longer the monopoly of the accountants – it is a basic business competency, regardless of the core discipline of the executives.