Finance for Non-Financial Managers

WWP Training Limited
Delivery Method: Face-to-face
Finance for Non-Financial Managers                        

Course Aims:

This course shows how a business is financially structured and trades.  It will introduce delegates to the key financial statements and the financial terminology in use in the business. The course will also cover the essentials of budgeting and forecasting as well as addressing key financial terms such as accruals and prepayments.

Course Pre-requisites:

This programme is for you if you need to understand how a business operates from a financial perspective.  This course is aimed at new budget holders and those who are receiving (financial) management information.

The course is suitable for managers with little or no financial knowledge.

Course Objectives:

On completion of this course delegates will:

  • Have an understanding of financial accounts and reports
  • The ability to use and an understanding of financial concepts
  • Ability to manage budgets more effectively

Course Overview:

  • The Business Cycle: understand how money flows in a business
  • Business objectives: use financial data to achieve business targets
  • The income statement, the cash flow statement and the balance sheet
  • Accrual and cash accounting
  • Profit vs Cash and other key financial ratios, how to use them effectively
  • Key financial terms – accruals & prepayments, depreciation and amortisation
  • Cost control and reduction
  • Budgeting and Forecasting
  • Management Accounts

Dates available on arrangement

WWP Training Limited can also create this course for you on arrangement either at your workplace or at one of their locations.

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£384.00 (inc VAT)
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