Finance for Decision Makers

Course Duration is 1 Day

£425.00 Plus VAT (per person)

Have more than 2 delegates? Talk to us about our closed group courses.

Delivery Method

Open Public Courses РVirtual Delivery Only  Closed Group Courses РFace To Face and Virtual Delivery

Business Benefit

Senior managers make decisions that affect all areas of a business. This course will enhance or refresh their understanding of finance and accounts and therefore give them the skills to make better decisions.

Who Should Attend

Senior Managers who are making operational decisions who need to understand the financial consequences. You are likely to have a role where you are frequently exposed to financial issues and discussions and you want to increase your understanding of the terminology and principles being used

Learning Outcomes

Describe the main accounting statements and how they link together
Understand the difference between historic accounting and future forecasting
Explore how different accounting treatments can lead to very different accounting results
Discuss key finance terms such as depreciation, accruals, prepayments and how these may be calculated
Review the high level principles of pension accounting and the impact that this can have
Discuss the impact of working capital management and your role in this
Review your own accounts and information presented to you
Consider how to read financial statements and how they may be used in different circumstances
Discuss what other methods are used to manage reporting and how these link to budgets and targets at local and group level
Consider the responsibilities of senior managers

Course Content

Key accounting statements
Historic cost accounting
Forecasts
Different accounting treatments
Key accounting terms
Pensions overview
Impact of working capital
Own accounts review
Reading financial accounts

How to Book

Dates below represent open public courses only. To book this course, please select an available date and click the book now button below to complete the booking. Have two or more people to train – you may consider a closed group course. Contact us on [email protected] to discuss specific date and delivery requirements.

 

Measuring The Success

 

The purpose of your training is learning new skills and/or changing behaviour. We can help you measure this!

To evaluate how successfully the attendees are doing this, delegates can attend a Workplace Implementation session during the skills transfer period. The cost of the session is £595+VAT delivered virtually and lasts for 2.5 hours.

During the Workplace Implementation session the individuals will either on a 1-2-1 basis or as a group discuss the challenges and successes they have experienced during their skills transfer period.
This will include what they are doing differently as a direct result of the training and how this has positively impacted the organisation.
This is an excellent way to encourage the learning, support the skills transfer into the workplace and act as a measure to evaluate the training.

We compile this information into a report so that you have evidence of your return on investment.