Finance For Non-Financial Managers

Course Overview

For managers in business today, it is essential to have a working knowledge of finance. We all play a role in our organisation’s financial health, whether we realise it or not.

If you don’t have any training or a background in finance, you may be at a disadvantage at the management table. Understanding the cycle of finance will help you understand where you fit into your company’s financial structure, and how to keep your department profitable.

This workshop will help you with the key concepts of finance and accounting and help you make better financial decisions with more confidence.

After completing this course you will be able to:

•  Understand basic financial terminology

• Understand Profit & Loss statements and the Balance Sheet

• Understand the flow of money through the company/department

• Understand the budgeting process and forecasting techniques

Outline

Finance For Non-Finance Managers

• What is Finance?

• Your Role in the Company’s Finances

• Record Keeping Terminology

• Profit and Loss Report

• The Balance Sheet

• Analysing Financial Statements

• Cash Flow Forecasting

• Budgeting

Assessment

Finance For Non-Finance Managers

There is no formal assessment available for this course. Delegates knowledge will be tested during the course through a series of informal exercises.

What's Included

• Full day training from NILC’s experienced trainers

• Course presentation slides

• Smart recording and summary from training day (virtual-live courses only)

• Course completion certificate