Finance for Non Financial Managers
Certificate and booklet offered | 0% Interest Free payments available
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Summary
Payment can be made through BACS, cheques, card or cash.
0% Interest Free payments available.
- Tutor is available to students
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Overview
This Managerial Accounting Course has been designed for anyone interested in getting to grips with the basics of accounting theory, and who wish to acquire some insight into the accounts produced within a variety of business organisations.
Some recent reviews about our Finance for Non Financial Managers Training:
- ''A well delivered and informative course. My expectations were met.'' - Stephen C
- ''3-4 day course would benefit me even more as more time would then be spent on certain topics. Tara is a fantastic tutor : approachable, knowledgeable, and interactive. Fantastic/outstanding delivery all around'' - Lidia B
Description
Financial accounts
- Profit and loss accounts and how to understand them
- Reading an income and expenditure account and analysing the finance flows within your organisation
- Cash and accruals accounting showing how each is used
- Terminology associated with income and expenditure accounting
- Communicating effectively with finance professionals
- Analysing trends in financial flows and formulating appropriate questions
- Reading a balance sheet and analysing the financial position of the organisation
- How an asset register is used
- Analysing your accounts
- Constructing a cash flow statement from narrative information
- The different rules for charity accounting under the Charity SORP and the presentation of company and housing association accounts
Management accounts
- The budgeting process
- How budgeting relates to strategic objectives and good governance
- Constructing a budget
- Estimating costs and income accurately for budget purposes
- Using management accounts to understand the past and forecast the future
- Cost centres – understanding how they are used in your organisation
- Nominal, purchase and sales ledgers
- Using benchmarking in constructing a budget
- Distinguishing between fixed and variable costs
- Using the concepts of break-even pricing
- A template to forecast the effects of changing costs, sales volume and price
- Evaluating opportunity costs
- A year of free support
Who is this course for?
This course is for managers, board members and budget holders across all sectors who need to know about organisational finance to help improve the profitability and performance of their business. Finance skills for non-financial managers are suitable for people who have little or no knowledge of finance.
Requirements
There are no prerequisites or entry requirements, as long as you want to get more experience in the field of finance, this is the right place for you.
Career path
Finance and Management roles
Questions and answers
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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.