Finance for the Non-Financial Manager
Duration: 1 Day or 2 Days
By the end of the workshop
delegates will be able to read a set of financial accounts and understand
the underlying messages. They should be able to interpret financial
information and explain the principles, disciplines and controls of
finance.
In addition to exercises and analysis of profit and
loss accounts and finance management, delegates will have the confidence
to be able to argue a case for expenditure in finance terms and enjoy
improved communication with the finance department.
Content
includes:
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The advantages of understanding financial management
-
Reviewing monthly accounts
-
Understanding the nature & behaviour of costs
-
Calculating profit & profitability
-
An analysis of a balance sheet
-
Understanding the cash flow process
-
Budgetary control & restraints
-
Planning ahead
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Reliable forecasting
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Decision making from a financial standpoint
-
Communicating your proposition
Associated courses to the above subject include:-
Time,
Task & Planning Skills-
Essential Writing Skills
