Finance for the Non-Financial Manager
Duration: 1 Day or 2 Days
By the end of the workshop delegates will be able to read a set of financial accounts and understand the underlying messages. They should be able to interpret financial information and explain the principles, disciplines and controls of finance.
In addition to exercises and analysis of profit and loss accounts and finance management, delegates will have the confidence to be able to argue a case for expenditure in finance terms and enjoy improved communication with the finance department.
Content includes:
The advantages of understanding financial management Reviewing monthly accounts Understanding the nature & behaviour of costs Calculating profit & profitability An analysis of a balance sheet Understanding the cash flow process Budgetary control & restraints Planning ahead Reliable forecasting Decision making from a financial standpoint Communicating your propositionAssociated courses to the above subject include: