Finance For Non-Financial Managers


Duration - 2 Days

If you run when you hear words like "balance sheet", "profit", "expenditure" and "budget" this training is just what you need. The course is for any manager or supervisor who finds the language of finance incomprehensible. The course has been specifically created to give managers who work outside the finance function an insight into the common financial issues that most managers need to understand to effectively do their job properly.

Anybody who attends this course will leave with a wideranging understanding of the key elements of the financial structure of their organisation. They will be able to effectively engage with the finance section, senior management and others in similar roles within the organisation.

 

Objectives

At the end of the course the participants will understand:

  • Organisations, the financial context
  • The key financial statements and how to interpret them
  • The key questions and areasThe key indicators in organisations
  • How to spot when things are going wrong
  • Analysing and improving cash-flow in your organisation
  • How to appraise capital projects
   
 

Overview

  • The Cash Cycle and how money flows in an organisation
  •  The Income and Expenditure Account
  • The Balance Sheet
  • The Cash Flow Statement
  • Accounting policies
  • The key financial ratios and their interpretation
  • Surplus Vs Cash
  • Working Capital management
  • Cash Flow management
  • Cost control and reduction
  • Improving margins and sales in your business
  • Relevant costs and their use
  • Break even analysis
  • Capital investment techniques
  • Risk analysis