Finance for Senior Managers & Directors

As a director, whether executive or non-executive, you have responsibilities beyond the norm. Your financial role extends beyond management to financial strategy, corporate governance, group structure and stakeholder expectations.

By the end of this course you will be able to:

• Understand financial terminology & financial statements
• Maximise profitability by effective management of your company's performance and asset base
• Make better business decisions from evaluating financial data
• Interpret a set of statutory accounts using ratios
• Understand the structure of groups and group accounting
• Understand the difference between profit and cash
• Perform various project appraisal techniques
• Understand sources of risk and manage risk
• Perform company valuation calculations
• Manage the politics surrounding budget setting and negotiation
• Set appropriate key performance indicators (KPIs)
• Apply the Balanced Scorecard

This two-day course covers finance from the point of view of a director whose primary expertise is not financial, yet who is expected to participate in the financial direction and management of a business.

This course covers the financial terminology needed to communicate at board level and with key stakeholders. As well as instilling the key features of company accounts and the corporate budgeting process, it provides valuable insights into the strategic aspects of financial management, enabling participants to hold their own in the boardroom and with senior colleagues.