Finance for the Non-Financial Manager
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Finance for the Non-Financial Manager
Description
By the end of the workshop delegates will be able to read a set of financial accounts and understand the underlying messages. They should be able to interpret financial information and explain the principles, disciplines and controls of finance. In addition to exercises and analysis of profit and loss accounts and finance management, delegates will have the confidence to be able to argue a case for expenditure in finance terms and enjoy improved communication with the finance department.
Course Overview:
- The advantages of understanding financial management
- Reviewing monthly accounts
- Understanding the nature & behaviour of costs
- Calculating profit & profitability
- An analysis of a balan…
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By the end of the workshop delegates will be able to read a set of financial accounts and understand the underlying messages. They should be able to interpret financial information and explain the principles, disciplines and controls of finance. In addition to exercises and analysis of profit and loss accounts and finance management, delegates will have the confidence to be able to argue a case for expenditure in finance terms and enjoy improved communication with the finance department.
Course Overview:
- The advantages of understanding financial management
- Reviewing monthly accounts
- Understanding the nature & behaviour of costs
- Calculating profit & profitability
- An analysis of a balance sheet
- Understanding the cash flow process
- Budgetary control & restraints
- Planning ahead
- Reliable forecasting
- Decision making from a financial standpoint
- Communicating your proposition
Course Duration: 1 or 2 Days
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