Finance for Non-Financial Managers
Information
A two day programme giving an introduction to indispensable financial skills. This course will equip non-financial managers with a knowledge of company accounts, financial statements and accounts analysis which will allow them to make financial decisions with confidence.
Schedule
Day One
Session 1:
Course introduction
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Why financial skills are needed and the benefits to be obtained from improving knowledge of accounts
Session 2:
Accounting Foundations
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How financial statements are generated
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Case study to illustrate the skills of bookkeeping
Session 3:
The Components of a Balance Sheet
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Assets and Liabilities
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Working Capital Cycle
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Sources of Capital and Funding
Session 4:
The Components of a Profit & Loss Account
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Income
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Expenses
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Why profit does not equal cash
Session 5:
Introduction to Financial Analysis
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Effective decision making
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Financial Ratios
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Case study - calculating ratios as a means to effective decision-making
Day Two
Session 1:
Introduction to Budgeting Concepts
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Use/misuse of budgets within an organisation
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Budgets as a planning and control tool
Session 2:
How to produce Cash Flow statements
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Why profit does not equal cash
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Importance of working capital to the future of a business
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Case study - Financial projections
Session 3:
Management Reporting Techniques
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Using the financial skill to produce reports
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Case study
Course Close
Register interest
As every course we run is tailored to meet the specific needs of each client, we can only provide an estimate after fully understanding your specific requirements. Please complete the form below of call +44 (0) 208 894 4977 to discuss how Taylor Associates can help you.