Finance for Non-Financial Managers
Finance for Non-Financial Managers
Starting dates and places
Description
Course overview Managers often progress with no formal financial
training, having to pick up knowledge and skills as they go. They
often feel uncomfortable about potential gaps in their
understanding. Over the last 20 years our expert Course Director,
has been designing and delivering programmes around the World to
help non financial professionals overcome such problems. These
programs use a series of engaging, interactive case study exercises
that model some of the real situations encountered by programme
delegates. The programme also encourages delegates to discuss their
ideas and opportunities to improve their own performance. We
recognise that many managers want a better grasp of the key…Frequently asked questions
There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.
Course overview Managers often progress with no formal financial
training, having to pick up knowledge and skills as they go. They
often feel uncomfortable about potential gaps in their
understanding. Over the last 20 years our expert Course Director,
has been designing and delivering programmes around the World to
help non financial professionals overcome such problems. These
programs use a series of engaging, interactive case study exercises
that model some of the real situations encountered by programme
delegates. The programme also encourages delegates to discuss their
ideas and opportunities to improve their own performance. We
recognise that many managers want a better grasp of the key
terminology and concepts of accounting and finance combined with
practical tools and techniques to deliver measureable improvements
in their organisation. Throughout the programme delegates will work
on their own personal action plan to identify practical
applications for the programme in their organisation. This
programme focuses on the work of professional engineers, helping to
identify opportunities to improve their organisation’s performance
and present convincing businesses cases. The program introduces the
latest ideas with extensive business examples from a wide range of
businesses and industries. This programme is designed for all
non-financial managers with financial responsibility. On this 4-day
practical training course you will learn about: Financial Analysis
The profit & loss account and the balance sheet Ratio analysis
Cash flow analysis IFRS, IAS and the IASB The time value of money
Project analysis The cost of capital Business valuation Presenting
financial information Who should attend: This course is ideal for
those persons seeking a proper grounding in the fundamentals of
finance and accounting, including: Non-financial managers from
backgrounds such as design, production, engineering, sales,
marketing, legal, IT and HR Entrepreneurs and consultants Financial
services managers seeking the basics of finance and accounting
Other non-financial specialists who wish to know more about finance
and accounting Supporting publications:
Day 1 Using and Reading Financial Statements Corporate objectives and financial strategy Financial statements fundamentals Income statement Balance sheet Cash flow Reading a set of accounts Case study: Building a set of financial statement Managing Working Capital and Cash Flow Working Capital Ratios Exercise: Practical steps to manage inventory and accounts receivable Risk and company financing Cost of equity and debt capital Agency theory Corporate governance Financial statements regulatory framework Impacts of IFRS (International Financial Reporting Standards) Day 2 Financial Analysis Financial analysis – Analysis and interpretation (financial ratios) Strategic development – Analytical techniques Performance ratios - Du Pont Analysis Balance scorecards Case study: Analysis of financial statements Analyse a full set of accounts using a model framework that can be applied to any business. Capital structure and Weighted Average Cost of Capital (WACC) Dividend policy Cash & working capital Liquidity and gearing Ratios Credit analysis, Z scores & credit ratings Shareholders' view Day 3 Costs & Value Management Managing Cost and Value Cost analysis and control Strategic approaches to cost reduction and cost management Cost structure and breakeven New theories and practice in cost analysis, control and management Value management Value based pricing The value chain Financial strategy and integrated cost / value analysis Cost Reduction and Control Case studies and exercises: These exercises present practical tools and practice for: Cost based decision making Cost control Proactive cost reduction Day 4 Budgeting, Planning and Business Strategy Strategy models Business strategy related to financial strategy Planning and budgeting models Linking budgets to business and financial strategy Build Managing Delegating budgets effectively Beyond budgeting Case studies and exercises: Building and managing budgets Investment Strategy Capital Investment Decisions Discounted cash flow (DCF) Evaluating capital investment projects Comparison of alternative methods of investment appraisal Capital budgeting Business valuation Case studies and exercises: Presenting practical tools, techniques and practice on build investment and business cases
Day 1 Using and Reading Financial Statements Corporate objectives and financial strategy Financial statements fundamentals Income statement Balance sheet Cash flow Reading a set of accounts Case study: Building a set of financial statement Managing Working Capital and Cash Flow Working Capital Ratios Exercise: Practical steps to manage inventory and accounts receivable Risk and company financing Cost of equity and debt capital Agency theory Corporate governance Financial statements regulatory framework Impacts of IFRS (International Financial Reporting Standards) Day 2 Financial Analysis Financial analysis – Analysis and interpretation (financial ratios) Strategic development – Analytical techniques Performance ratios - Du Pont Analysis Balance scorecards Case study: Analysis of financial statements Analyse a full set of accounts using a model framework that can be applied to any business. Capital structure and Weighted Average Cost of Capital (WACC) Dividend policy Cash & working capital Liquidity and gearing Ratios Credit analysis, Z scores & credit ratings Shareholders' view Day 3 Costs & Value Management Managing Cost and Value Cost analysis and control Strategic approaches to cost reduction and cost management Cost structure and breakeven New theories and practice in cost analysis, control and management Value management Value based pricing The value chain Financial strategy and integrated cost / value analysis Cost Reduction and Control Case studies and exercises: These exercises present practical tools and practice for: Cost based decision making Cost control Proactive cost reduction Day 4 Budgeting, Planning and Business Strategy Strategy models Business strategy related to financial strategy Planning and budgeting models Linking budgets to business and financial strategy Build Managing Delegating budgets effectively Beyond budgeting Case studies and exercises: Building and managing budgets Investment Strategy Capital Investment Decisions Discounted cash flow (DCF) Evaluating capital investment projects Comparison of alternative methods of investment appraisal Capital budgeting Business valuation Case studies and exercises: Presenting practical tools, techniques and practice on build investment and business cases
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Do you have experience with this course? Submit your review and help other people make the right choice. As a thank you for your effort we will donate £1.- to Stichting Edukans.There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.