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Budgeting, Reporting and Decision Making for Non-Financial Managers


Practical Training for Professionals

Summary

Price
£576 inc VAT
Study method
Online
Duration
1 day · Self-paced
Qualification
No formal qualification

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Overview

This budgeting, reporting and decision making course is designed for all levels of non-finance managers, from the new starters to the experienced manager, looking for hints and tips to hone existing skills.

Description

The modern business environment is fast-paced and built around numbers, demanding that people are able to analyse situations, make sound decisions and report concisely and accurately. Many managers face the need to work and re-work forecasts and budgets regularly, meaning that they need to be efficient and sure-footed in this area. The emphasis of this one day course is on pragmatic tools and techniques to enhance budgeting, reporting and decision-making abilities, to ease the workload.

Benefits

  • Explain the difference between financial and management accounts
  • Recognise the key financial reports and key financial terms/ratios
  • Describe how to produce forecasts and budgets
  • Discuss how to control performance and produce reports
  • Assess and apply different methods of decision making

Who is this course for?

Any non-finance manager, supervisor or professional who is responsible for forecasting, budgeting, controlling, reporting and making decisions with a finance oriented aspect. Each manager will benefit from discovering or refreshing skills that are vital in today’s working environment. With the challenges of operating in turbulent business environments, making the right decisions has never been more important.

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.