Introduction

This Finance for Non-Financial Managers training course is designed for managers who need to develop a better understanding of finance.

Finance isn’t just for accountants. Managers need to be able to use financial information to make well-informed decisions, explain the financial implications of their proposals and produce accurate budgets and forecasts.

By the time you finish, you’ll be comfortable very comfortable working with financial reports.

✔ A complete beginner’s course that covers all of the core skills you need to understand financial reports.
✔ Plenty of one to one attention and time to ask questions.
✔ Friendly expert trainers, small groups and a comfortable place to learn.
✔ All the materials and extras that you’ll ever need.
✔ Ongoing support and help with issues you have after the course.

What Will I Learn?

This workshop is crammed full of practical management and financial tools that you’ll be able to apply to your work role.

You’ll learn about:

  • The Purpose and Rules of Finance.
  • Interpreting Company Accounts.
  • Financial Systems.
  • Interpreting Cost Centre Reports and Managing Costs.
  • Preparing Accurate and Meaningful Budgets.

Am I Ready For This Course?

You don’t need any previous knowledge or experience in finance to take this course.

This course has been designed for managers who want to learn practical methods and techniques to manage budgets successfully.

The Training Day

Our courses run from 9.30am to roughly 4.15pm with refreshments throughout the day and a break for a tasty, freshly prepared lunch.

We offer a relaxed, supportive learning environment, fully air-conditioned training facilities and some of the nicest instructors on the planet.

Also, you’ll receive:

✔ A full-colour manual covering everything in the course so that you can recap.
✔ A USB stick for the course exercises to let you practice more in your own time.
✔ A Certificate of Attendance.

  • Financial structures and authorities
  • Accounting rules  and how to make accruals
  • What is capital expenditure?
  • Depreciation and amortisation
  • What do accounts tell you?
  • How to interpret accounts
  • Profit and loss accounts/ statements of financial performance
  • Balance Sheets and cash flow statements
  • How to manage your organisation’s day-to-day financial systems
  • What records are needed for internal and external purposes?
  • How to obtain financial information you need
  • Identifying different types of cost and how to manage them
  • How to interpret cost centre reports
  • Month end cut-offs and actions you need to take
  • How and when to make accruals
  • Common reasons for incorrect variances
  • Practical techniques for preparing budgets
  • Benefits of zero-based and incremental budgeting techniques
  • How to phase budgets quickly and accurately
  • Tips for effective budgeting