Finance for Non-Financial Managers

Aims:

To enable managers to understand the financial implications of their decisions on the profitability and cash flow of a business.

Objectives:

By the end of the course delegates will be able to:

·        Feel more comfortable in discussions with finance people & accountants

·        Understand financial terminology & apply important accounting concepts

·        Interpret & effectively use the financial information they receive

·        Identify the structure and function of balance sheets, profit and loss statements & other key financial documents

·        Make better planning & strategy decisions guided by hard financial facts

One Day Course

1.      Money – the provision & uses of money within a business

2.      The need for financial information

3.      Capital, revenue & working capital control

4.      Fundamental accounting principles – terminology & primary financial documents

5.      How to read profit & loss accounts

6.      Balance sheets – purpose, structure, function, investment control, business valuation & gearing

7.      Cash flow forecasts & liquidity

8.      Using management accounting information in decision making