Finance For Non-Finance Managers

This financial training course has been specifically designed for employees at middle and senior management level who do not have day-to-day involvement in financial activities. 

This programme will help delegates understand and interpret key financial documents.  Describe and explain the importance of key financial ratios and understand different types of cost and how to manage them more effectively.

Content:

• Understanding the difference between the business manager’s role vis a vis the role of the accountant
• Review of financial statements - Profit & Loss Account, Balance Sheet, Cash Flow etc
• The key accounting concepts - Accruals, Prepayments, Capital & Revenue Expenditure, Depreciation etc. importance of expense control

Outcomes:

• Read, understand and interpret financial statements
• Understand the accounting terms used by accountants
• Understand Financial vs Management Accounting
• Distinguish between Revenue & Capital Expenditure
• Appreciate issues around efficient cash flow management & budget profiling

Who Should Attend:

• This programme is ideal for managers and professionals in non-financial roles who have responsibility for financial matters and those who need to know more about finance to improve their planning, costing and budgeting skills.

Course Benefits:

• This course will particularly benefit those who would like to become more familiar with financial documents and terminology and understand each of these aspects better.