Finance for Decision Makers
£395.00 Plus VAT
Delivery Method
Face To Face Delivery Virtual Delivery One To One Coaching Closed Group Course Public Course
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.
How to Book
If you are interested in booking this course, then please select an available date and then click book now to complete the booking. Can’t see a suitable date contact us on [email protected] and we can discuss specific date requirements.
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 – by the end of this course you will be able to… 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
Embedding
These follow up coaching sessions help support your colleagues to embed their learning during their skills transfer period. Applying new skills and changing behaviour takes effort and practice. After attending a training course many colleagues will find they need support through this transition. EQV can provide that support with follow up coaching sessions to help embed the learning.
Embedding coaching sessions can be delivered in 90 minute and half day durations. The facilitator will work with the group to capture feedback about challenges and how to overcome them ensuring success going forward.
Having a formal embedding coaching session will not only increase the success of the skills transfer period but helps create a platform of motivation, inclusivity and commitment within the group.