Finance for Non-Finance Managers 1 Day Course

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. The Finance for Non-Finance Managers 1 Day Course takes you through everything you need to know from an operational standpoint, leaving you confident enough to take on bigger financial challenges, whatever your role.

Financial terms are explained clearly throughout, from reading the accounts to understanding key economic measurements and getting involved in financial negotiations. You'll learn to set up and manage your own budgets and recognise good financial opportunities. Managers wanting to build a fuller set of leadership skills alongside their financial confidence often pair this course with the Essential Management Skills 2 Day Course, covering the people side of management alongside the numbers.

Because budget conversations and cost negotiations rely heavily on how you communicate them, this course also complements the Communication Skills 1 Day Course well, and anyone handling customer or supplier payments may find the Credit Control 1 Day Course a natural next step. There's no formal assessment for this course, but delegates receive a Certificate of Attendance for their records.

By the end of the Finance for Non-Finance Managers 1 Day 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
• Skilfully set and manage a budget
• Calculate costs and set prices for your products and services

The Finance for Non-Finance Managers 1 Day Course helps you 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, the course will 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

There's no formal assessment for the Finance for Non-Finance Managers 1 Day Course. However, you'll receive a Certificate of Attendance for your records.