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Finance for Non-Financial Managers
ID:
5851Duration:
16 hoursOverview
By the end of this course you should be able to:
Understand and interpret key financial statements
Make use of financial information for strategic day-to-day decision making
Identify the main sources of financial information
Understand and interpret key financial information
Understand the differences between cash flow, revenue and capital
Analyse variances in budgets and take remedial action
Prepare break-even analyses for business plans
Perform confidently in a financial environment.
Requirements
This course is designed for senior executives and managers who need to make informed strategic decisions within their organisations and who need to understand the financial implications of their day to day decisions to increase the profitability and performance of their businesses. This course will help you to understand the principles, techniques and jargon relating to finance and accounting and is suitable for managers with little or no knowledge of finance.
Public course price from just only 405 GBP per person!
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All prices exclude VAT!
Book Public Course Now! >>
Closed, on-site or individual: get quote >>
Too expensive? Tell us your price!
All prices exclude VAT!
Following Courses
No following Courses Found.
Related Training
Training Course Outline
Introduction to Accounting
History and background
What is accounting and finance and why is it important?
Fundamental principles and concepts
Users of financial information
The accounting process
Accounting conventions
The accounting equation
The business model
Assets and liabilities
Capital and revenue
Capital structure and gearing
Debt and equity
Key Financial Statements
The Income statement (Profit and Loss Account)
Balance sheet
Cash flow statement
Structure, layout and content
Underlying principles
Working Capital Management
What it is and why it is important?
Distinction between profit and cash flow
Cash flow forecasting
Nature and Analysis of Costs
Classification of costs
Fixed and variable costs
Contribution
Break-even analysis and the margin of safety
Budget Preparation and Control
The role of budgets in the planning process
Budget preparation
Assessing variances and flexing the budget
Interpretation of Financial Information
What does it all mean - making sense of accounting information?
Horizontal, vertical and trend analysis
Ratio analysis
