Finance for Non-Financial Managers

Updated on Mon, 24/10/2011 - 2:20pm.
Professional Training Centre
Course Type: Part-time
(Explanation)
Course Start Date: Available upon application
Location: Colchester
(See campus information)
Duration:

2 days
Centre: Professional Training Centre
Course Fee: £315 +VAT

Course Description:

This course demystifies financial information and breaks down the key financial documents into manageable sections.  It looks at both financial and management accounting and gives the learner a greater understanding of how their decisions affect the business.

Course Objectives/Key Benefits:

On completion delegates will be able to:

  • Increase their confidence when participating in a financial environment
  • Understand the difference between key sources of financial information
  • Understand key financial terminology
  • Calculate financial ratios and use them to interpret performance
  • Distinguish between the impact that revenue, capital and cash flow has on a business
  • Identify and analyse variances in budgets and use them to make decisions
  • Prepare break-even analysis

Who the Course is Aimed at:

Managers and office professionals who want to gain an understanding of the main areas of business finance in order to improve their knowledge in meetings and decision making.

Course Content:

Day 1

  • Look at the users of accounting information
  • Understanding what is contained in the financial statements

         - Profit and loss account, balance sheet and cash flow statement

  • Understanding working capital and the importance of it in a business
  • Capital expenditure vs. operating expenditure
  • Work through different depreciation calculations

The rules of producing accounts

Day 2

  • Evaluating real business performance through ratios
  • Understand different costing methods
  • Review the budgeting process
  • Look at hints and tips for better budgeting management including variances
  • Understand when to reforecast
  • Conduct break-even calculations

Entry Requirements:

None

Training Method:

Participative, lively and draws on the presenter's practical experience in businesses of all sizes/sectors.  Delegates are encouraged to use their own experiences to keep the session relevant to their real needs.

Further Information:

This course is offered by the Professional Training Centre

Course Offered by the Professional Training Centre

PTC Enquiry Line: (01206) 712727

Disclaimer:

The course information describes programmes offered by Colchester Institute. The College takes all reasonable steps to provide courses as described, but cannot guarantee provision. The information is for guidance and does not form any part of a contract.

The College reserves the right to update and amend information as and when necessary. Colchester Institute will do its best to provide the courses shown, but may have to modify or withdraw a course depending on customer demand and other factors.

Fees are correct at the time of entering/printing information, but may be subject to change. The College cannot accept legal or financial liability as a result of any such changes.

Updated on Mon, 24/10/2011 - 2:20pm.
 
Success