Finance for Non-Financial Staff
Short course
In London
Description
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Type
Short course
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Location
London
This course will enable delegates to understand profit & loss accounts, balance sheets, cash flow statements and operating budgets. It will also help them to read, understand and interpret financial information and remove the myths and fears that surround finance. It will give an understanding of the financial implications of your plans and decisions.
Facilities
Location
Start date
Start date
Reviews
Course programme
- Business entities; accounting principles; accounting policies; terminology.
- Types of profit; layout of the profit & loss account; use of the profit & loss account; terminology.
- What capital and liabilities are; what fixed and current assets are; layout of a balance sheet; use of a balance sheet; terminology.
- Importance of cash flow; impact of credit and credit control; problems affecting cash flow; factoring; layout of cash flow statement.
- Types of report; layout of reports; legal requirements; how to use profit & loss accounts and balance sheets to interpret accounts; use of accounting ratios to assess a company's performance; stock market indexes and reports.
- Cost types; cost behaviours; impact of decisions.
- Types of budget; terminology; budget guidelines; budget periods; budget manuals; formats.
- Use as a management tool; variance analysis; forecasting.
- Participants plan and discuss what they will do on return to work.
Finance for Non-Financial Staff