Business Finance for Non Financial Managers

Business Finance for Managers

Introduction Managers are often asked to make decisions or manage budgets which will impact upon the financial performance of a business without having received adequate financial training.  This course is for non financial managers who require a sound understanding of finance enabling them participate confidently in financial discussions and decision making.  During this short course you will get an insight to both financial and management accounting principles, the interpretation of company accounts, cash flow management and budgeting.   In addition it covers the basis upon which financial cases can be built and judged and would benefit someone wanting to improve their confidence with financial terminology and the use of standard accounting reports.

Course Objectives By the end of the course you will be able to:

• Understand basic financial terminology and concepts
   
• Navigate the main financial statements
   
• Assess the financial health of an organisation
   
• Construct and manage budgets gauge the financial impact of operational decisions
   
• Contribute to investment decisions and the evaluation of new initiatives
  
  Content

Terminology, governance and regulations  

The Balance sheet and Profit and loss statement  

Assessing financial health  

Interpreting the results  

Typical financial ratios  

Working capital  

Cash flow  

Forecasts  

Budget management and preparation  

Break-even analysis  

Case study and group projects   

Style - The workshop is highly participative and blends practical exercises with presentations and discussions. This course is also available on an in-company basis - date and location to meet your convenience.

Includes: Lunch and refreshments