Skip to content

Finance For Non-Finance Managers

Classroom based course for finance for non-financial managers

Practical Training for Professionals

Summary

Price
£576 inc VAT
Study method
Classroom
Duration
1 day · Full-time
Qualification
No formal qualification
CPD
55 CPD hours / points
CPD What's this?
Additional info
  • Tutor is available to students

Location & dates

Showing classrooms near 'North West England'
Location

Address
Cheadle House
Cheadle Royal Business Park
Cheadle
Cheshire
SK83FS
United Kingdom
View on Map

Address
Park Plaza Leeds
Boar Lane
Leeds
West Yorkshire
LS15NS
United Kingdom
View on Map

Address
Somerset House
Temple Street
BIRMINGHAM
West Midlands
B25DP
United Kingdom
View on Map

Address
Village Hotel Club Nottingham
Brailsford Way
Nottingham
Nottinghamshire
NG96DL
United Kingdom
View on Map

Overview

Many business decisions are made which are based on, or have a major impact on, the finances. The aim of this one-day course is to provide managers with awareness and basic understanding of the way finance affects their business objectives.

The content is delivered in an easy-to-understand way, speaking your language and enabling you to understand the financial way of seeing things as well as giving you practical opportunities.

During the day you will learn to read the accounts, understand the terminology, be able to influence and control your key financial measurements, targets and budgets - all from an operational management perspective. The programme enables to you gain confidence in developing financial negotiations, participate in meetings where the finances are being discussed, build your own budgets, monitor your budgets and take a more active role in the financial aspects of the organisation.

This Finance For Non-Finance Managers course is available throughout the UK.

CPD Value 5.5 Hours

Course Locations

Finance For Non-Finance Managers London
Finance For Non-Finance Managers Manchester
Finance For Non-Finance Managers Nottingham
Finance For Non-Finance Managers Birmingham
Finance For Non-Finance Managers Bristol
Finance For Non-Finance Managers Edinburgh
Finance For Non-Finance Managers Leeds

CPD

55 CPD hours / points
Accredited by Approved by Law society

Course media

Description

09:30 - 10:00 Coffee & Course Objectives

10:00 - 10:30 Understanding The Role of ‘Finance’ (The roles of the Finance Department and the non-finance manager; basic financial implications)

10:30 - 11:00 Financial Terminology De-mystified (Translating into plain English - what do they mean?)

11:00 - 11:15 Coffee break

11:15 - 12:30 Understanding the Financial Reports (Assets, liabilities, income and expenditure; The Profit & Loss account; the Balance Sheet; the Cash Flow Statement; cash and profit)

12:30 - 13:30 Lunch Break

13:30 - 14:15 Key Financial Ratios (Profitability; Return on Capital; Capital Turnover; Working Capital; Current Ratios; Debtors Ratio; Business Trends)

14:15 - 14:45 Finance in the Business (The business cycle, planning, target setting, measurements. The importance of the year-end activities: accruals and reserves. The importance of Expense Control)

14.45 – 15.00 Tea

15.00 – 15.45 Budgeting, Costing & Planning (Planning a budget. Monitoring and controlling a budget. Plans against actual. Variance analysis)

15.45 – 16.15 Costing and Pricing (Methodologies, break-even points)

16:15 - 16:30 Summary & Action Plans Agreed

Who is this course for?

For those who want to gain:

  • The ability and confidence to discuss financial matters within the organisation through understanding the terminologies and methods used
  • A working knowledge of profit/loss, balance sheets and cash flow and an ability to read financial statements
  • An increased competence in planning, monitoring and controlling a budget
  • An improved ability with regard to costing and pricing the organisation's products and services

Requirements

None

Career path

For those wishing to have a better undertsanding of finance to help them progress their career and add more value to their organisation.

Questions and answers

Reviews

Currently there are no reviews for this course. Be the first to leave a review.

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.

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.
View all