Finance for the Non-Financial Manager

Product type
Level

Finance for the Non-Financial Manager

Falconbury
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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 …

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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
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There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.