Finance for Non Financial Managers

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In association with
2-day overview course
London - 13-14 Sep 2010, 12-13 Oct 2010, 8-9 Nov 2010, 10-11 Jan 2011, 11-12 Apr 2011, 18-19 May 2011
Birmingham, London	£999 + VAT

In brief:

Straight forward and no-nonsense, this course enables you to get straight to the heart of financial issues, demystifies financial information and gives you confidence and control when making financial decisions. This two-day overview course has won praise for the straightforward way in which it untangles the web of mystery that surrounds finance in the eyes of many non-financial managers. By so doing it enables them to interact more productively with their finance-based colleagues and exert greater influence on decision making in their organisation.

This event is CPD accredited.

Designed for:

Managers who want to gain a clear understanding of the fundamentals of business finance and the financial implications of decisions which they make

Training highlights:

Identify the main sources of financial information
Understand and interpret key financial information
Understand the differences between cash flow, revenue and capital
Optimise your use of working capital
Analyse variances in budgets and take remedial action
Prepare break-even analyses for business plans, new projects and boardroom presentations
Distinguish between short-term and long-term financial decisions
Perform confidently in a financial environment

The Programme

The Nature and Purpose of Accounting

A simple model of an organisation’s accounting framework
Why do accountants have so much influence in business?
Who uses the accounts and what do they use them for?
What are the rules that accountants follow?
Where can I find out about my organisation’s/my competitors’ financial position

Profit and Loss and Balance Sheets

Their structure
Their terminolgy
What they tell us
Why they need to be reviewed together
Using financial information as a management tool

Managing Finance

Understanding working capital : What it is? How can we monitor it?
Why too much working capital is bad for you and too little may be disastrous
Optimising working capital for your organisation
The distinction between profit and cash flow
Why discrepancies between them occur
Undertaking a cash flow forecast (case study)
Considering sources of funding

Understanding Budgets

Putting together a robust budget
Assessing variances and flexing the budget
Apportioning overheads
The effects of depreciation
Differentiating between capital and revenue expenditure
Choosing between alternative capital projects when money is restricted
Working out and presenting the break even point

Personal Development

Formulating an action plan

Venue details

Venue details will be confirmed shortly.

For further information on the training facilities we use, please call us on +44 (0)20 8371 7010

Run courses In-Company

If you have 4 or more people who would benefit from this training, why not consider running it in-house?

Tailored content
Significant cost savings
Choice of time and location
Flexible delivery options

Call us now on
+44 (0)20 8371 7011
or send us an outline of your requirements.