Finance for Non-Financial Managers

Finance for Non-Financial Managers Online Course Curriculum includes:

Introduction to Financial Statements

Importance of financial measures
Financial accounting and management accounting
The four types of accounts
Three financial statements

Profit and Loss Account

The profit and loss account
Elements of the profit and loss account
Costs in the profit and loss account
Your own figures

Balance Sheet

Definition
Sources and use of figures
Format of the balance sheet
Inter-relationship with the profit and loss account
Examples of formats
Your own figures

Cash Flow

Profit and Cash
Elements of Cash Flow
Managing Cash and Loans
Practical Applications of Cash Flow
Your own figures

Costing Decisions

Introduction
Variable and Fixed Costs
Cost Structure and Methods
Break-even
Product Costing
Your own figures

Introduction to Financial Analysis

What is financial analysis
Financial analysis in practice

Investment Appraisal

Cash Flow and Relevant Costs
Pay Back
Present Value and Discounting
Discounted Cash Flow
Sensitivity Analysis
Case study

Profit Margin

Profit Margin Ratio
Comparison by Industry
Supermarkets
Aircraft Manufacturing Industry
Profit Margin Flowcharts
Your own figures

Asset Turnover

Concept of Asset Turnover
Asset Turnover Flowchart
Working Capital Ratios
Fixed Asset Turnover
Analysis by Industry – Supermarket
Analysis by Industry – Aircraft Manufacturing
Your own figures

Return on Capital Employed

What is Return on Capital Employed?
Elements of ROCE
Comparison of ROCE
Financial Analysis with ROCE
Your own figures

Mock Exam Simulator

Designed to test your understanding of the main course objectives