Fundamental finance for non-finance professionals
reed.co.uk - Business Skills
Summary
Overview
Many roles involve finance, even where they may not be their main focus. If you aspire to hold management positions, chances are you’ll be responsible for money. Completing this course will equip you with the knowledge and skills required to show employers that you’re up to the task.
Why do this course?
- Looks great on your CV
- Shows recruiters you have the skills they are looking for
- Gives you a great grounding in finance
Description
The principles of financial management
Understanding the principles of financial management helps all managers, from line supervisors to senior executives, to use this tool more effectively to support the organisation's goals. This course introduces non-financial managers to the principles of financial management. It explores the basic concepts of risk and return and the time value of money.
The basics of budgeting
In this course, non-financial managers will learn the concepts and techniques vital to the budget process, including: forecasting revenue and expenses; choosing the best kind of budget strategy, and progressively measuring the success of your plan through the use of variance reports.
Management of cash flows
This course covers the principles of sound cash flow management, including cash management strategies, the best use of credit collection, and ways to reduce overhead. With a knowledge of these strategies, managers improve their ability to maintain appropriate levels of working capital in their own organisations.
Financial statements
This course provides a foundation for reading the three key financial statements prepared by most corporations -the balance sheet (or statement of financial condition), the income statement (or earnings statement, or profit and loss statement), and the statement of cash flows. The course also explores how to use basic ratios to analyse these financial statements.
What’s included?
- Hands-on interactive exercises - learn by doing
In partnership with Skillsoft
reed.co.uk has partnered with SkillSoft, the world’s leading provider of eLearning, to offer you all the quality training you need. You will be learning on SkillSoft software. SkillSoft is the world leader in e-learning for businesses, and is used by multinational companies such as FedEx, Hilton, VirginMedia and Hewlett Packard. By training with SkillSoft you will be working with an industry recognised organisation and investing in training that employers already know and trust.
Please note:
Please allow 24 hours to receive your online training details. If your order is made over the weekend, your online training details will be provided on the following Monday morning.
This SkillSoft course is not aligned to any certification or exam - it is a course to teach knowledge and skills.
This course is designed specifically for for use on desktop browsers. Performance on mobile devices may vary and compatibility with non-desktop devices is not guaranteed.
Reviews
Currently there are no reviews for this course. Be the first to leave a review.
Legal information
This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.