Finance for Non-Finance Managers 1 Day Course

Overview

Finance underpins almost every decision we make in business. Whether it’s setting targets, allocating budgets or calculating return on investment, understanding how finance works will stand you in good stead to make sound business decisions. Therefore this essential one-day Finance course for Non Finance Managers takes you though everything you need to know from an operational standpoint. You’ll leave feeling confident enough to take on bigger financial challenges, whatever your role.

Objectives

You won’t be baffled with jargon on this course! We’ll explain everything in basic terms – from reading the accounts to understanding key economic measurements and getting involved in financial negotiations. Learn to set up and manage your own budgets and recognise good financial opportunities.

By the end of this one-day Finance course, you’ll be able to:

• Confidently discuss financial matters with colleagues
• Understand financial terms and processes
• Read financial statements and balance sheets
• Understand profit, loss and cash flow
• Skillfully set and manage a budget
• Calculate costs and set prices for your products and services

Agenda

We’ll help you to understand the relationship between your role, as a non-finance manager, and your finance team. What they need from you, and how you can start to speak their language. On the day, we’ll cover:

• Financial terminology – find out what your finance team is really talking about
• Reading reports – everything from assets, liabilities and expenditure, to profit & loss, cash flow and profit.
• Measuring key ratios – calculating profitability, ROI, turnover and business trends
• The fiscal year – from planning to year-end, including accruals and reserves
• Expense control, and why it’s important

Assessment

There’s no formal assessment for this course. However, you’ll receive a Certificate of Attendance for your records.

Who Should Attend?