The Group
Leadership, Development, Growth
Training
Finance for Non-Financial Management
This course helps take the fear out of Finance. It is specifically written for managers who need a better understanding of business finance. It is a very practical course that will build from little or no financial knowledge. You will be able to immediately apply the content to your business.
Delegates will learn about the following:
The business cycle and how money flows in a business
Interpreting financial information and statements and its value for management and its value for management and decision-making
Balance Sheet, Profit & Loss Account
Cash, Profit and cash flow.
Budgetary techniques for controlling operations
Preparing budgets
Training outcomes:
What are the benefits?
Upon completion the delegate should be able to:
Recognise that financial documents are produced for managers
Identify the final accounting documents produced by the organisation, and the information contained within them
Recognise the most significant financial indicators of business performance and their relevance
Recognise the inherent difference between cash and profit and the need for cash flow forecasting
Understand the nature of budgets
Identify and use budget systems to monitor and control own area of operation
Identify and categorise initial quality and revenue costs for capital expenditure projects