Finance for Non-Financial Managers — A 2 day course
Synopsis
Do you need to be able to interpret key financial statements quickly and effectively?
Do you want to be aware of the warning signals before there's a problem?
Do you want to be confident that you can make the best possible decisions on the capital projects your organisation runs?
This course will show you how to interpret key financial statements, highlighting the questions and areas that matter. It shows how to understand key performance indicators to drive profitability. You will learn how to make the best decisions for your business. You will benefit from this course if you need to understand the financial implications of your day-to-day decisions to increase the profitability and performance of your business - this course is suitable for managers with little or no financial knowledge.
Objectives
On completion of this Finance for Non-Financial Managers training course, delegates will be able to:
- Understand financial accounts and reports
- Use and understand financial concepts
- Utilise analytical skills to interpret financial results using ratios
- Manage budgets more effectively
Contents
The Business Cycle: understand how money flows in a business
Business objectives: use financial data to achieve business targets
The profit and loss statement, the cash flow statement and the balance sheet
Accounting policies and how to stop abuses
Profit versus cash and other key financial ratios, how to use them effectively
Working capital management
Cash flow management
Cost control and reduction
Improving margins and sales in your business
Break-even analysis
Capital Investment techniques
Risk analysis
Publicly scheduled dates, locations, and prices
A schedule of dates for this subject is not currently available. Please call 0333 210 0140 or use our contact form to enquire about places and availability.
Suitable For
Business Managers, Business Consultants and Analysts, Project Managers and all whose work involves an appreciation of finance, budgets, cashflow and accounting methods
Anyone who will influence the making of financial decisions