Business and Financial Training from The Matchett Group
Courses > Management Training > Finance For Non-Financial Managers
Finance for Non-Financial Managers3 days
This course demonstrates financial concepts through real world business scenarios that your managers can relate to, showing them how their actions and decisions can impact on the organisation’s financial working.
This course helps learners to:
- Be able to read and understand the primary financial statements - balance sheet, profit and loss account and cash flow statement;
- Understand the basic principles of capital appraisal;
- Appreciate the importance of cash flow and the impact of their actions upon it;
- Understand the importance of managing working capital and identify their contribution to this process;
- Understand the rules of, and need for, budgeting;
- Communicate more effectively and constructively with the finance department;
- Identify ways of improving your company’s profitability, through an increased understanding of its financial workings.
Throughout this highly interactive course there are opportunities to practice and test the skills you are learning.
- Balance sheet and profit & loss accounts
- Basic concepts and terminology
- Understanding corporate finance and communicating with the finance team.
- Accruals, Deferrals and Provisions
- Fixed assets and Depreciation
- Costs and the importance of cash flow
- The management of working capital
- Reading and understanding accounts
- Internal and external management accounts and reports
- Ability to review financial statements and apply key financial and performance ratios.
- Trend analysis
- Budgets: the theory and the practice,
- Different budget cultures; top down, bottom up; last year plus, zero-based.
- The importance of budgets as a management tool.
- The theory of pricing
- How your day-to-day activities have a direct impact on the top and bottom lines of the company’s financial accounts.
- Action planning
Want this course as an inhouse event, tailored to meet your exact needs?
Contact us for a bespoke detailed course outline
You can call Matchett on +44 (0)1295 814200 to book a course or simply discuss your training needs OR email us:
Related Courses
…Financial concepts through real world business scenarios your managers can relate to, and how their actions and decisions can impact on the organisation’s financial working
Pre-requisites
None
Delegate Profile
All who need to improve their knowledge of business finance, from those who have no existing knowledge to those who want a refresher.