Further Details
“Money speaks sense in a language all nations understand”
Aphra Behn
Course overview
This course takes a commercial approach to finance, with the objective of helping you make better business decisions. It will demystify financial terminology, explain the difference between profits and cash flow and show you how to understand the driving factors behind financial information, enabling you to connect the facts with the figures, prepare budgets and communicate confidently in financial terms.
Finance for Non-Financial Managers is designed to be as practical and realistic as possible and uses real budget reports, case studies, and management accounts to equip you with essential financial skills that can be used immediately you return to the office!
Course content
Understanding profit and loss accounts, balance sheets and cash flow forecasts
Working capital – what it is and why it is important
Key management ratios: operating margin, ROCE, ROE, debt/equity
How to prepare better budgets and forecasts
How to improve your margins
Controlling costs: ten tough questions to ask
Management accounts: what to look for and questions to ask
An introduction to financial KPIs
Who will benefit?
Particularly recommended for all Directors and Managers with decision-making responsibilities for budgets, pricing, project costing and purchasing.
Duration: One day
Finance for non-financial managers is also available as an in-house course and can be tailored to meet any specific requirements that you may have. Call 020 8332 7567 for further information.
“The course was great, I came away with a greater understanding than I thought I would achieve" HR Manager, Regus
Guide price
£450 plus vat |
