Further Details
To function effectively, managers of today are under increasing pressure to understand finance and financial systems. They can be presented with Financial Statements which claim to monitor their department or company performance. However, these statements are often designed by accountants and in many cases can only be understood by accountants.
Acom has developed a 2-Day Finance Programme specifically for the non-financial manager that cuts through typical accountancy jargon and explains the fundamental principals of finance systems in laymen’s terms.
The Programme content is flexible and will depend on client’s requirements. However, the areas covered will generally comprise of the following :
• Financial control within a business
• Understanding financial statements
• Interpretation of accounts and evaluating risk using ratios
• Budgeting Control & Capital Budgets
• Capital and revenue expenditure
• Investment appraisal
• Monitoring and controlling the use of resources by using different costing techniques and or budgetary control
• The use of computers in management accounting
After this course you will be able to…
• Understand and interpret financial information using key indicators of business performance.
• Develop recommendations for expenditure which clearly establish potential benefits.
• Use practical tools of measurement to assess costs and resource utilisation and take prompt corrective action in response to deviations from plans.
• Recognise how cost analysis can be used to allocate responsibility and motivate staff
Guide price
£225 |
