The aim of this one-day course is to provide managers with awareness and basic understanding of the way finance affects their business objectives. This course is designed for busy managers and those professionals who are responsible for a financial matters without necessarily having a job title or qualifications to match.
The content is delivered in an easy-to-understand way, speaking your language and enabling you to understand the financial way of seeing things.
During the day you will learn to read the accounts, understand the terminology, be able to influence and control your key financial measurements, targets and budgets - all from an operational management perspective. The programme enables to you gain confidence in developing financial negotiations, participate in meetings where the ‘finances' are being discussed, build you own budgets, monitor your budgets and take a more active role in the financial aspects of the organisation.
Managers who need to know more about finance to improve their planning, costing and budgeting skills.
The course is suitable for those in both the private and public sectors from small and medium sized enterprises to multinational corporations. It is designed for all those who are affected by the ‘finances' at work. It enables you to go back to your workplace and have a greater ability to ‘read the figures'. You will be given the tools to discuss financial aspects.
You will share the day with others who have a similar level of understanding as you and the programme will be delivered in a very open and interactive format. You will also need to bring a calculator so that you can work out some of the key measurements and financial ratios during the day.
09:30 - 10:00 Coffee & Course Objectives
10:00 - 10:30 Understanding The Role of ‘Finance’ (The roles of the Finance Department and the non-finance manager; basic financial implications)
10:30 - 11:00 Financial Terminology De-mystified (Translating into plain English - what do they mean?)
11:00 - 11:15 Coffee break
11:15 - 12:30 Understanding the Financial Reports (Assets, liabilities, income and expenditure; The Profit & Loss account; the Balance Sheet; the Cash Flow Statement; cash and profit)
12:30 - 13:30 Lunch Break
13:30 - 14:15 Key Financial Ratios (Profitability; Return on Capital; Capital Turnover; Working Capital; Current Ratios; Debtors Ratio; Business Trends)
14:15 - 14:45 Finance in the Business (The business cycle, planning, target setting, measurements. The importance of the year-end activities: accruals and reserves. The importance of Expense Control)
14.45 – 15.00 Tea
15.00 – 15.45 Budgeting, Costing & Planning (Planning a budget. Monitoring and controlling a budget. Plans against actual. Variance analysis)
15.45 – 16.15 Costing and Pricing (Methodologies, break-even points)
16:15 - 16:30 Summary & Action Plans Agreed
| Training Location | Training Date | Training Discount | Book Trainging |
|---|---|---|---|
| Birmingham (Solihull) | 07-07-2009 | £361.25 | Book Finance For Non-Finance Managers Course Online |
| Aberdeen | 21-07-2009 | £382.50 | Book Finance For Non-Finance Managers Course Online |
| Manchester (Airport) | 09-09-2009 | £382.50 | Book Finance For Non-Finance Managers Course Online |
| Glasgow | 17-09-2009 | £382.50 | Book Finance For Non-Finance Managers Course Online |
| Aberdeen | 28-10-2009 | £382.50 | Book Finance For Non-Finance Managers Course Online |
| Basingstoke | 05-11-2009 | £382.50 | Book Finance For Non-Finance Managers Course Online |
Description:
Understanding finance and applying techniques for financial control are essential for successful management, yet in many cases key financial and accounting tools are either unknown or unsuccessfully applied. This Desktop Guide provides a clear, practical guide to all aspects of accountancy, financial and business literacy.
Please note that books will not be delivered unless they are paid for in advance this can be done by credit card on the website or by posting a cheque.