Finance for Non-Financial Managers
£425.00 Plus VAT (per person)
Have more than 2 delegates? Talk to us about our closed group courses.
Delivery Method
Open Public Courses – Virtual Delivery Only Closed Group Courses – Face To Face and Virtual Delivery
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
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.