Finance for the Non-Financial Manager

Finance for the Non-Financial Manager

2 DayCrawley£790.00+VAT

Understanding financial information is one of the essential management skills for any business leader – but your key strengths may lie in other areas. Increasing your financial knowledge, however, will enhance your overall performance and help you get the best out of your team.

We cover the basic accounting principles - looking at everything from budget planning and cashflow, to interpreting financial accounts – and provide practical examples in a relaxed learning environment.

If you’re a manager or professional, and finance impacts your role in some way, this programme will give you a solid foundation of financial knowledge that you can carry forward throughout your career.


Course Detail

What you’ll learn

By the end of the programme you’ll be able to:

  • Read and interpret financial information
  • Effectively use and interpret basic financial tools
  • Use the information acquired to improve performance
  • Develop an overview of business finance

What’s covered

Basic accounting principles and the terminology of the financial world

  • The four basic accounting principles
  • Accountants’ jargon and what it means

Business capital and the working capital cycle

  • How business is financed
  • What working capital is and how it is used

Capital versus revenue expenditure

  • Accounting for and depreciating fixed assets
  • Valuing and accounting for stocks and work in progress
  • Using working capital to the business’s best advantage

Budgetary planning and control

  • How to set a budget
  • Using a budget to control a business

Cashflow

  • The difference between cash and profit
  • Preparing a cashflow statement

Presenting financial information

  • The balance sheet and the profit and loss account

Interpreting annual accounts

  • Window dressing and creative accountancy
  • Using ratios and budgets to understand the business

Directors’ earnings and responsibilities

  • Types of directors and how they are paid
2 DayCrawley£790.00+VAT