Finance for Non-Financial Managers training will give you a greater understanding of the way finance operates and how it impacts on your business performance.
Finance for Non-Financial Managers training will give you a greater understanding of the way finance operates and how it impacts on your business performance. You will be better informed of financial issues and be able to communicate more confidently and effectively with your funders, bank, staff, creditors and contractors.
You will learn the fundamental principles of financial management, and how to integrate financial concepts and policies into the management decision and budgeting process.
Financial jargon will be demystified and you will learn how to interpret the main financial statements that you will come across in your business. You will be given the principles of good cash management and shown how to monitor and control cash flows that will result in the efficient running, survival and success of your business.
Finally, you will learn how to assess the working capital of your business and what policies and strategies to implement to help you mitigate risks from credit customers. This course features a series of interactive discussions and case studies to give you practical solutions to everyday business finance issues.
By the end of the training you will be able to:
At AKU Training we provide practical, engaging and practitioner-led training in Belfast, Ireland, UK and further afield. We offer a unique and varied range of training across Business & Administration, Finance & HR, Marketing and Project Management.
This training course will help you to understand basic financial principals and the documents used in business. You will learn how to interpret the information in these documents, and use this to manage day-to-day business activity.
A comprehensive understanding of the key concepts of business finance for non-financial managers makes their decision making effective and gets them closer to their ultimate goals and objectives.
This course is designed to explore the world of finance for middle to senior managers, working in non-financial areas within different sectors of an organisation.
Frequently, Managers of departments and sections find themselves with financial responsibilities and authorities but they have no formal training in Financial Management.
In today's competitive business world firms are under unprecedented pressure to deliver value to their shareholders and other key stakeholders. Senior executives are finding that they need some financial know-how to cope with the responsibility placed on them as decision-makers.
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