Finance for Non-Financial Managers

Course Duration is 1 Day

£425.00 Plus VAT

Delivery Method

Face To Face Delivery  Virtual Delivery One To One Coaching Closed Group Course Public Course

Business Benefit

To understand how the finance function uses finance targets and measures and how budgets and forecasts are managed that will impact on your day to day operational decisions.

Who Should Attend

Account Managers and Sales Executives who wish to make the best use of their time and optimise their sales efforts

Learning Outcomes

Explain the main accounting statements, i.e. P&L, Balance Sheet and Cash flow
Explore budget objectives and the different methods of creating budgets
Understand what is meant by variances and how they can be controlled
Understand the difference between fixed and variable costs
Discuss how long term decisions are made and the different techniques used for making capital investment decisions and how depreciation is calculated
Consider other management methods, e.g. balanced scorecard
Create an action plan for improving the management of budgets

Course Content

The basic principles of company accounts.
Objectives of budgets
Monitoring budgets
Overcoming the “balance sheet barrier”.
“Money In”
‘Money Out’ – fixed assets, working capital and reserves
Working capital – ‘The Money go Round’
Profit and Loss accounts
 Cash flow forecasting
 Capital decisions and Depreciation
 The manager’s role in company finance
Action Planning

 

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.

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.