Finance For Non-Finance Managers
Short course
In Birmingham, Bristol, London and another venue.
Description
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Type
Short course
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Level
Intermediate
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Location
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Duration
Flexible
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Start date
October
other dates
Many business decisions are made which are based on, or have a major impact on, the finances. The aim of this one-day course is to provide managers with awareness and basic understanding of the way finance affects their business objectives.
The content is delivered in an easy-to-understand way, speaking your language and enabling you to understand the financial way of seeing things as well as giving you practical opportunities.
During the day you will learn to read the accounts, understand the terminology, be able to influence and control your key financial measurements, targets and budgets - all from an operational management perspective. The programme enables to you gain confidence in developing financial negotiations, participate in meetings where the finances are being discussed, build your own budgets, monitor your budgets and take a more active role in the financial aspects of the organisation.
Facilities
Location
Start date
Start date
Start date
Start date
Start date
About this course
The ability and confidence to discuss financial matters within the organisation through understanding the terminologies and methods used
A working knowledge of profit/loss, balance sheets and cash flow and an ability to read financial statements
An increased competence in planning, monitoring and controlling a budget
An improved ability with regard to costing and pricing the organisation's products and services
Reviews
This centre's achievements
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 13 years
Subjects
- Finance
- Financial
- Planning
- Financial Training
- Cash Flow Statement
- Assets
- Financial Reports
- Financial Terminology
- Financial implications
- Non-Finance Manager
- Liabilities
- Finance Department
Course programme
09:30 - 10:00 Coffee & Course Objectives
10:00 - 10:30 Understanding The Role of ‘Finance’ (The roles of the Finance Department and the non-finance manager; basic financial implications)
10:30 - 11:00 Financial Terminology De-mystified (Translating into plain English - what do they mean?)
11:00 - 11:15 Coffee break
11:15 - 12:30 Understanding the Financial Reports (Assets, liabilities, income and expenditure; The Profit & Loss account; the Balance Sheet; the Cash Flow Statement; cash and profit)
12:30 - 13:30 Lunch Break
13:30 - 14:15 Key Financial Ratios (Profitability; Return on Capital; Capital Turnover; Working Capital; Current Ratios; Debtors Ratio; Business Trends)
14:15 - 14:45 Finance in the Business (The business cycle, planning, target setting, measurements. The importance of the year-end activities: accruals and reserves. The importance of Expense Control)
14.45 – 15.00 Tea
15.00 – 15.45 Budgeting, Costing & Planning (Planning a budget. Monitoring and controlling a budget. Plans against actual. Variance analysis)
15.45 – 16.15 Costing and Pricing (Methodologies, break-even points)
16:15 - 16:30 Summary & Action Plans Agreed
Finance For Non-Finance Managers