Course description
This introductory one-day Finance for Non-Financial Managers workshop is ideal for non-financial executives, directors, and managers at all levels who want to gain a practical, hands-on understanding of finance. The workshop simplifies financial terminology, empowering managers to contribute more effectively to business performance and engage confidently with financial colleagues on topics like financial planning and budgeting.
Participants will gain a solid understanding of key accounting concepts, improve their forecasting abilities, and enhance cost management skills. The course can also be tailored to meet the specific needs of your organization by incorporating your company’s own financial data.
Suitability - Who should attend?
Members of staff not in a finance role who require a basic understanding of finance within a business, to include budgeting and planning.
Training Course Content
-
Interpreting Accounts, Profit and Loss Statements, and Balance Sheets
Understand how to read and interpret key financial statements to assess business performance. -
Use of Financial Ratios
Learn how to apply financial ratios to measure profitability, efficiency, and overall performance. -
Understanding Accounts, Accounting Standards, and Rules
Get familiar with accounting principles, standards, and rules that govern financial reporting. -
Management Accounting
Explore how financial data is used to support decision-making and manage daily operations effectively. -
Controlling Working Capital
Gain insights into managing working capital, including stock, creditors, debtors, and cash flow. -
Budget Forecasting and Control
Develop skills to create accurate budgets, forecast outcomes, and control financial performance. -
Cost Accounting and Control
Understand how to manage costs and ensure profitability through effective cost accounting. -
Financial Appraisal of Capital Expenditure Projects
Learn how to evaluate capital investment projects to ensure they deliver financial value. -
Company Taxation and Strategies
Gain a basic understanding of company taxation and strategies to optimize tax efficiency.
Expenses
Course Price:
- £299 +VAT
Request info
Make UK
Make UK provide a range of business services including HR, employment law, health, safety and environment support, consultancy and training. Make UK's portfolio of quality training, endorsed by external industry bodies, covers the whole workforce, with various delivery methods to...