Finance for Non-Financial Managers
Who Is It For?
What Is Is About?
Course Overview
What Will I Get Out Of It?
Cost per delegate: £967 + VAT
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Who Is It For?
Those who need to understand the financial implications of their day-to-day decisions to increase the profitability and performance of their business. This course is suitable for managers with little or no financial knowledge
What Is Is About?
This course shows how to interpret key financial statements highlighting the questions and areas that matter. It identifies warning signals that managers need to be aware of and shows how to understand key performance indicators to drive profitability. Delegates will learn how to appraise capital projects with confidence, allowing them to make the best decisions for their business
Course Overview
- 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 vs 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
What Will I Get Out Of It?
- Understanding of financial accounts and reports
- The use and understanding of financial concepts
- Analytical skills to interpret financial results using ratios
- Ability to manage budgets more effectively