Finance for Non Finance Managers Course

Demystify the financial jargon and learn to really understand finance.

This Finance for Non-Finance Managers training course will help learners develop their financial understanding. It will help them recognise, appreciate and understand how their decisions can have an impact on the overall performance of the business.

We start with the key finance cycle, how money moves around the business. Then we look at the key financial statements, so that you understand how they are developed and why they are important. We will then use ratio analysis to interpret these financial statements.

We will also look at cash flow and why it is different from profit and will spend time developing budgets and using those budgets to help in making business decisions.

Additionally, we will look at costing methods and the impact of discounting, before finishing with a review of the different ways of evaluating investments.

At the end of the course, you will have the knowledge, skills, and confidence to better understand finance. You will also gain the crucial skill of being able to read and interpret the financial information and reports that you are regularly presented with.

By developing a deeper understanding of finance and its implications, you will ultimately increase your effectiveness and impact within your role.

Content includes:

• Overview of finance: Introduction to finance and its role in business decision-making.
• Financial statements: Understanding the purpose, components, and preparation of financial statements such as balance sheets, income statements, and cash flow statements.
• Financial analysis: Analysing financial statements using various techniques such as ratio analysis and trend analysis to identify financial trends and evaluate the financial health of the organisation.
• Budgeting and forecasting: Developing budgets and using forecasting techniques to make informed financial decisions.
• Cash flow management: Understanding the concept of cash flow and its significance in business operations, and developing strategies for effective cash flow management.
• Investment appraisal: Evaluating investment opportunities and understanding the criteria used to make investment decisions.
• Case studies: Analysing real-world finance case studies and applying the concepts and techniques learned in the course to solve financial problems.