Finance for Non Finance Managers

Level

Finance for Non Finance Managers

ReCh Management Centre (non-collegiate provider)
Logo ReCh Management Centre (non-collegiate provider)

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Starting dates and places

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Description

Managers in any non-financial function, who are responsible (currently or after promotion) for improving the financial performance of a business unit and/or are required to take financial issues into consideration when evaluating customers or suppliers, constructing budgets, setting prices, controlling costs or making capital investment proposals.

Course Objectives

  • See how finance impacts on their whole business
  • Read and interpret their statutory accounts that include balance sheets and profit and loss accounts
  • Use balance sheet information to make better business decisions
  • Understand the difference between profit and cash flow
  • Use management ratios to analyse and improve business perfo…

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Managers in any non-financial function, who are responsible (currently or after promotion) for improving the financial performance of a business unit and/or are required to take financial issues into consideration when evaluating customers or suppliers, constructing budgets, setting prices, controlling costs or making capital investment proposals.

Course Objectives

  • See how finance impacts on their whole business
  • Read and interpret their statutory accounts that include balance sheets and profit and loss accounts
  • Use balance sheet information to make better business decisions
  • Understand the difference between profit and cash flow
  • Use management ratios to analyse and improve business performance
  • Produce financial reports that can make a real difference to the running of their profit centre
  • Make costing and pricing decisions
  • Improve credit control and working capital issues

Course Outline

  • Financial Management
  • Understanding Balance Sheets
  • Analysing Profit And Loss Accounts
  • Cash Flow Forecasts
  • Improving Capital Projects Assessments
  • Conventional Costings
  • Pricing To Deliver Strategic And Tactical Objectives
  • Making Better Financial Decisions
  • Using Management Ratios To Improve Performance
  • The Working Capital Cycle
  • Personal Development Plan

*Course fee is not inclusive of VAT

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