Finance For Non-Financial Managers

by EQV (UK) Ltd Training Claim Listing

To understand how the finance function uses finance targets and measures and how budgets and forecasts are managed that will impact on your day to day operational decisions.

£425

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img Duration

1 Day

Course Details

To understand how the finance function uses finance targets and measures and how budgets and forecasts are managed that will impact on your day to day operational decisions.

 

Who Should Attend:

Account Managers and Sales Executives who wish to make the best use of their time and optimise their sales efforts.


Learning Outcomes:

  •  Explain the main accounting statements, i.e. P&L, Balance Sheet and Cash flow
  •  Explore budget objectives and the different methods of creating budgets
  •  Understand what is meant by variances and how they can be controlled
  •  Understand the difference between fixed and variable costs
  •  Discuss how long term decisions are made and the different techniques used for making capital investment decisions and how depreciation is calculated
  •  Consider other management methods, e.g. balanced scorecard
  •  Create an action plan for improving the management of budgets


 

Course Content:

  •  The basic principles of company accounts.
  •  Objectives of budgets
  •  Monitoring budgets
  •  Overcoming the “balance sheet barrier”.
  •  “Money In”
  •  ‘Money Out’ – fixed assets, working capital and reserves
  •  Working capital – ‘The Money go Round’
  •  Profit and Loss accounts
  •  Cash flow forecasting
  •  Capital decisions and Depreciation
  •  The manager’s role in company finance
  •  Action Planning
  • Leicester Branch

    Dock 116, 75 Exploration Drive, Leicester

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