Skip to content

Finance for Non-Financial Managers

In-company online or on site course with study materials and tutor support

Watson Martin

Summary

Price
Enquire to get more info on pricing
Finance options

Please call for details.

Study method
Online + live classes
Duration
2 days · Full-time
Qualification
No formal qualification
Additional info
  • Tutor is available to students
5 students enquired about this course

Add to basket or enquire

Overview

The Finance for Non-Financial Managers course explains key concepts that will allow delegates to ascertain what they need to know from financial statements. The course achieves this by providing an understanding of the main financial reports delegates will see within their organisation and ways of interpreting them using basic key performance indicators.

Delegates will learn how to financially appraise capital investments, enabling them to make and justify business decisions without the assistance of people who hold financial roles within the company.

Description

WHAT TOPICS ARE COVERED ON THIS COURSE?

  • The definitions of commonly used financial terms
  • The importance of financial reporting – understand statutory, management and third party requirements
  • Accounting concepts – profit, cash flow, depreciation and other key concepts
  • The financial statements – profit and loss account (Income Statement), balance sheet (Position Statement)
  • The impact of taxation
  • Working Capital – the importance of control over each component
  • Cost analysis – analyse costs using both presentation and relationship bases, including break-even
  • Capital Investment appraisal – apply common techniques and be able to evaluate
  • Budgeting – avoiding common errors in preparing budgets
  • Financial information – common ratios defined, basis of calculation and their interpretation

WHAT WILL I GET OUT OF ATTENDING THIS COURSE?

By attending this course you will gain:

  • improved understanding of common financial concepts
  • analytical skills to interpret key aspects of financial statements
  • knowledge of the importance of control over ‘Working Capital’
  • improved cost analysis and control
  • the confidence and ability to prepare budgets avoiding common pitfalls
  • the ability to ask the ‘right’ questions

Who is this course for?

Our Finance for Non-Financial Managers course is for managers who need to understand the financial impact of their day-to-day business decisions. Attending this course is crucial for managers who don’t want to or aren’t able to rely on people in specific financial roles.

This training course will also help non-financial managers to gain a better understanding of the financial implications that other decisions within the company can have – good and bad.

Career path

This course can also be taken as part of our CMI Level 5 Certificate in Management and Leadership. You can also achieve a Level 5 Award in Management and Leadership by completing a written assessment after this course. Call us to find out more.

Questions and answers

Reviews

Currently there are no reviews for this course. Be the first to leave a review.

Leave a review

Legal information

This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
View all
Related searches: Accountancy courses, Finance for non finance managers courses, Management courses, Online courses