Finance for Non-Financial Managers
£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.