More Advanced Finance for Non-Finance Managers - Virtual Training
Short course
Online
Description
-
Type
Short course
-
Methodology
Online
-
Duration
Flexible
-
Start date
Different dates available
"Managers in all organisations are often faced with decisions to make which are influenced by, or will influence, the financials of the business.
The course provides you with an overview of essential aspects of finance which will enhance management evaluation skills and an improved ability to affect the financial management of the organisation.
The content is delivered in a way which will enable you to have a greater understanding of the terminology used and the contents of various accounting statements.
During the day you will enhance your understanding of the role of finance, the financial statements, the effects of management decisions on the financials and the key financial ratios pertinent to businesses from an operational point of view. Also included are management aspects of budgeting, costing, pricing and investment appraisal."
Facilities
Location
Start date
Start date
About this course
"The ability to develop a greater awareness of the finances within an organisation
An improved understanding of your own strengths and improvement areas
An increase in the opportunity to participate more effectively in management meetings and decision-making
A greater ability to develop budgets and effectively make decisions requiring investment appraisal
An increase in confidence in dealing with financial control
"
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
- Systems
- Pricing Strategy
- English
- Investment
- Balance Sheet
- Cash Flow
- Appraisal
- Evaluation
- Monitoring
- Financial Management
- Budgeting
- Finance
- Financial
- Planning
- Financial Training
Course programme
09:30 Coffee & Course Objectives
10:00 - 10:30 Review Understanding of Financial Terms (Translating the language into simple English. What do they mean?)
10:30 - 11:15 Understanding the Financial Reports (The Profit and Loss, the Balance Sheet, the Cash Flow Statement)
11:30 - 12:30 Key Financial Ratios (Profitability, Return on Capital, Capital Turnover, Working Capital: Current Ratios, Debtors Ratio, Business Trends)
12:30 - 13:00 Finance in the Business (The business cycle, planning, target setting, and action to correct problems. What systems and processes are used? The importance of the year-end activities: accruals and reserves.)
13:00 - 14:00 Lunch Break.
14:00 - 14:30 Review of Organisation Measurements (Making the most of your resources and measuring your success criteria; Key Performance Indicators)
14:30 - 16:30 Planning, Budgeting, Costing & Pricing (From Strategy to Planning targets and measurements. Planning systems. Setting budgets. Monitoring and controlling a budget. Plans against actuals. Variance analysis. Defining and classifying costs. Pricing. Impact of Currency.)
16:30 Summary & Action Plans Agreed
"More Advanced Finance for Non-Finance Managers - Virtual Training