CATEGORY: ACCOUNTING AND FINANCE

Finance for Non-Financial Staff

For

Finance for Non-Financial Managers gives you the power to manage your business finances and hold confident discussions about them, without resorting to accountant speak.  Management decisions rely heavily on a sound understanding of the financial implications to the business.  This course is valuable for non-financial team leaders, supervisors, project managers, small business owners, department heads and others who wish to develop an understanding of finance and financial language. 

Purpose

A working knowledge of financial principles and their application is essential for a manager to be effective.  The aim of this course is make financial management accessible and useful and to demystify accounting and finance so that attendees can understand basic business accounts and carry out activities such as budgeting, financial appraisals and cash flow forecasting.

This course follows a facilitator led workshop format, with a range of interactive activities, case studies, and models, along with group work, and individual workbook exercises

Content

You will leave being able to:

• Understand basic financial terminology
• Show how money works in a business and how it is accounted for
• Understand how businesses raise money
• Understand key accounting concepts
• Explain the difference between profit and cash flow
• Understand the composition and contents of a set of financial statements, in particular the balance sheet and profit & loss account