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Courses > Business Skills Courses > Finance for the Non-Financial Manager
 
   
 
Finance for the Non-Financial Manager
 
Target Audience:  

This programme is designed for managers who are not from an accounting background, but need to have an understanding of how finance works. The course explores the world of finance from the perspective of the Manager and explains simply and clearly what the key financial statements mean, how they work and relate to each other and how the actions of managers affect them and the business.

 

A highly interactive combination of formal content, workshop activities and individual exercises, taking a practical, pragmatic approach to financial matters and demystifies the jargon, conventions and formats of accounting.

 
   
Objectives:  

At the end of the programme participants will have explored:

 
  • Key financial language and the fundamentals of financial statements.

  • The importance of cash flow & cash management

  • Financial planning & budgeting

  • Various costing approaches

  • What the “numbers” reveal about an organisation

  • The impact of their decisions on profitability of the business 

 
   
 
       
     
  Duration: 2 Days
  Cost: £495 + VAT
     
 
  Course Date Location
  30/01/2017 Liverpool
  21/02/2017 Bradford
  27/04/2017 Liverpool
  16/05/2017 Bradford
  03/07/2017 Liverpool
  21/08/2017 Bradford
  25/10/2017 Liverpool
  02/11/2017 Bradford
         

Module One - Accounting Basics

  • Assets & Liabilities Explained

  • Income & Expenditure

  • The Balance Sheet & Profit & Loss Account

  • Determining Profit & Profit Quality

 

Module Two - Accounting Policy & Terms

  • Historic & Going Concern

  • Business Equity & Dual Aspect

  • Prudence

  • Consistency

  • Accruals

  • Depreciation

 

Module Three - Cash Flow & Cash Management

  • Working Capital

  • Flow of Funds & Cash Flow Statements

  • Cash Flow Forecasts

  • Gearing, Current & Liquidity Ratios

 

Module Four - Budgets

  • The Budget Process & Control Cycle

  • Building Zero & Priority Based Budgets

  • Reviewing Budgets & Budgetary Variances

 
   

Module Five - Costing Methods

  • Direct & Indirect Costs

  • Costing Methods

    • Full & Absorption Costing
    • Activity Based Costing
    • Marginal & Break Even Costing
    • Standard Costing
 

Module Six - Interpreting Accounts

  • Types & Forms of Ratio Analysis

  • Gross & Net Profit Margins

  • Return on Capital Employed

  • Profitability Ratios

 

Module Seven - Accounting Policies & Company Valuations

  • Directors’ Responsibilities & Liabilities

  • Company Accounts

  • Company Valuations