Finance for the Non-Financial Manager
Description
Early booking discount are available in certain periods and multiple booking discount are also available upon request. Please call Customer Services on +44 (0)20 7729 6677
Course overview
Sharpen your financial skills and commercial awareness with this 8 module, self-managed and flexible distance learning course
Why choose the Finance for Non-financial Manager distance learning course?
The 'Finance for Non-financial Manager' distance learning written course is specifically designed to provide the skills you need to increase your financial awareness. It will improve your understanding of the language of finance, give you greater confidence when talking with your financial colleagues and show how your business can directly affect the overall commercial operation and financial results of the company.
How does this distance learning programme work and what do …
Frequently asked questions
There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.
Early booking discount are available in certain periods and multiple booking discount are also available upon request. Please call Customer Services on +44 (0)20 7729 6677
Course overview
Sharpen your financial skills and commercial awareness with this 8 module, self-managed and flexible distance learning course
Why choose the Finance for Non-financial Manager distance learning course?
The 'Finance for Non-financial Manager' distance learning written course is specifically designed to provide the skills you need to increase your financial awareness. It will improve your understanding of the language of finance, give you greater confidence when talking with your financial colleagues and show how your business can directly affect the overall commercial operation and financial results of the company.
How does this distance learning programme work and what do you get?
- Eight modules, each requiring between 3 to 4 hours study to be completed as you choose
- The course and its modules start at any time to suit you
- Modules may be downloaded to study on your PC or to print hard copies. (You may also opt to receive them printed-and-bound from us.)
- Each module has self-assessment progress questions and model answers
- The course has an optional on-line multiple choice assessment at the end, with a certificate of completion being awarded
Designed for:
- Managers
- Team leaders
- CEOs of SMEs
- Office managers
- Department heads
- Commercial managers
Structured to fit into your working day
The course is designed to fit around your current commitments with each module requiring an average study time of 3-4 hours. Course content can be studied on-line via our unique Learning Management System or sent to you in hard copy format anywhere in the world. This offers the flexibility of studying at work, at home or on the move, while having access to confidential help and support from our experts.
On-line final assessment
The course has an optional on-line multiple choice assessment at the end, with a certificate on successful completion.
Course modules
Module 1: Demystifying finance
- Introduction
- Interpreting the balance sheet
- The UK and US balance sheet
Module 2: How healthy are we?
- The two key indicators
- Are we in profit? The P&L statement
- What does the P&L reveal about the business?
- US income statement
- A paper profit – but are we solvent? – The cash flow statement
- What can the cash flow statement tell us?
Module 3: The importance of records and systems
- The difference between accounting records and accounting systems
- Systems and procedures
- Classic ledger structure
- Sales system and purchase system
- Wages system
- Audit function
Module 4: Concepts, policies and standards
- Why do we need concepts and rules?
- Fundamental concepts in operation
- Accounting policies and standards
- 'Creative accounting'
- Managing your working capital
- Conducting break-even analysis
Module 5: Interpreting the accounts
- Ratio analysis
- Profitability ratios
- Asset turnover analysis
- PE's, Footsie, yields and gilts: understanding the financial press
- Benchmarking
Module 6: Cash budgeting
- Cash flow forecasts
- What is capital expenditure?
- Discounted cash flow techniques and measures
- Sensitivity analysis
- Costing for planning
- Planning and break-even analysis
Module 7: Controlling those costs
- Full costing – coping with overheads
- Tackling the problems of overhead allocation
- Activity-based costing
- The volume-cost-profit relationship
Module 8: Figures we can believe in?
- The budget
- The operating budget
- Why budget?
- Budget stages explained
- How to budget
- Budget objectives and company culture
- Budget systems and techniques
- Secrets of cash management
- Techniques for effective profit management
- Making a quantum leap: achieving dramatic growth
- Glossary of helpful terms
Share your review
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.