Finance for Non-Financial Managers
Finance for Non-Financial Managers gives you the power to understand 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 follows a facilitator led workshop format, with a range of interactive activities, case studies, and models, along with group work, and individual workbook exercises. The course assumes little or no prior accounting knowledge.
Who should attend:
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.
Benefits:
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.
Topics covered:
- Understanding basic financial terminology
- Showing how money works in a business and how it is accounted for
- Understanding 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
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